It has been less than a year since Opendoor’s stock skyrocketed on the heels of a post made by hedge fund owner Eric Jackson on X, which ultimately led to the resignation of its CEO and Kaz Nejatian taking the helm. According to Nejatian, things at the iBuyer have vastly improved since he took over…
"May 11, 2026" Archives
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Blackstone announced on Monday that Blackstone Real Estate Debt Strategies (BREDS) launched a lending platform aimed at providing more capital and flexibility to U.S. homebuilders, with a stated goal of enabling the construction of more than 50,000 for-sale homes annually. The platform, supported by BREDS portfolio company Brio Homebuilder Solutions and other third-party partnerships, targets…
loanDepot has filed a $250 million shelf registration statement, giving the company flexibility to issue a range of securities over time to raise capital, according to a filing with the Securities and Exchange Commission (SEC) on Thursday. The announcement came days after the Irvine, California-based mortgage lender reported a net loss of $54.9 million in…
Existing-home sales ticked up 0.2% in April to a seasonally adjusted annual rate of 4.02 million, while remaining flat from a year earlier, according to the National Association of Realtors’ (NAR) April Existing Home Sales report released Monday. The report offers a mixed view for housing professionals: slightly stronger demand, more inventory on the market…