Fathom CEO Josh Harley (Credit: Facebook and iStock) A head in the clouds, but eyes on the stock market. Dallas, Texas-based Fathom Realty announced Tuesday they plan to file paperwork an initial public offering with the Securities Exchange Commission, according to Inman. Fathom CEO Josh Harley said the IPO would accelerate the company’s growth. “By […]
New York still global elite’s favorite place to buy real estate: report
The Ascent of Billionaire Money (Chart via Knight Frank’s The Wealth Report) The New York market may have cooled in 2018, but the city is still appears to be the most popular place in the world for prime property investment. New York is the world’s leading city for both residential and commercial investment, cementing its […]
Silverstein, Cantor Fitzgerald to raise nearly $2B Opportunity Zone fund
Howard Lutnick and Larry Silverstein (Credit: Getty Images and iStock) Silverstein Properties and Cantor Fitzgerald are looking to raise almost $2 billion for an Opportunity Zone fund. The joint venture will target primary metropolitan markets for mostly ground-up developments, including retail, office, industrial and hospitality buildings, the firms announced. It is not clear which markets […]
Keller Williams says it saw more deals last year amid tech expansion
Keller Williams CEOGary Keller and president Josh Team (Credit: Keller Williams, iStock, and Topitto) Keller Williams saw an uptick in deals last year as the franchise brokerage continued on its growth plan and doubled down on tech, it said in a statement Thursday. In the U.S. and Canada, agents closed $332.4 billion in sales volume […]
Nashville office REIT eyes sector’s first IPO this year
Priam CEO Abhishek Mathur (Credit: iStock and Priam Properties) As office REITs in general continue to underperform, growth-focused office landlord Priam Properties is considering an initial public offering. The Nashville-based company would be the first U.S. REIT to go public this year, according to Bloomberg. Led by CEO Abhishek Mathur, the firm has had discussions […]
Regulators seek to rein in energy-efficient home improvement loans
The Consumer Financial Protection Bureau is seeking public comments to prepare for PACE (Credit: iStock and Freepik) Amid concerns over a looming debt crisis, federal regulators are preparing new rules to rein in the popular Property Assessed Clean Energy (PACE) home improvement loan program, which homeowners use to finance solar panels and other energy-efficient upgrades. […]