More venture capitalists are coming for real estate

More and more investors are coming around to real estate startups and companies that focus on property-oriented technology.

BlackRock raises its stake in plummeting Realogy

Investment management firm BlackRock now owns a stake in the real estate holding company valued at approximately 16 percent.

Constellation Real Estate Group picks up predictive data firm offrs

The purchase comes amid an acquisition spree from Constellation that has seen the firm make investments in an array of real estate technology.

California Association of Realtors seeks innovators for competition

Winners could get $10,000 from CAR, as well as a marketing package and access to other resources from the trade organization.

Is a Compass IPO coming soon?

My gut tells me that Compass might file an IPO sooner than later — this year, even. In doing so, they’d seek to join the gaggle of private tech companies rushing to go public before the bubble (if that’s what this is) bursts.

Metaprop is raising a $100M real estate tech fund

This will be the third fund for the venture capital firm, which previously has invested in technology related to everything from AI to property management and appraisals.

Nearly 1B mortgage docs accessible by First American security flaw

Although the security breach had been fixed as of Friday, it previously let anyone who had a link to certain documents on First American’s website access additional electronic records simply by changing a single digit in the URL.

News Corp. falls short on revenue, touts ‘healthy growth’ in real estate services

News Corp., the parent company of Move’s and Australia-based REA Group, beat analysts’ expectations Thursday, posting adjusted third quarter fiscal year 2019 earnings of 4 cents per share, compared to the consensus estimate of 1 cent per share. However, the company also reported a total revenue of $2.46 billion, which fell below expectations of $2.5 billion.

Insurance startup Lemonade raises $300M funding round

Lemonade, a tech-centric insurance startup that uses artificial intelligence, announced Thursday it had raised $300 million in a new round of funding.

The essential guide to Wall Street and real estate

Wall Street and venture capitalists are pouring fortunes into everything from real estate tech companies to single-family rentals. Here’s what real estate pros should know from the top down.