The Resident Group, a Los Angeles-based, Side-backed real estate team, is welcoming Kevin Stewart to the team from The Agency. The team announced Stewart’s move on Monday. Stewart closed 15 transaction sides in 2024 for a total sales volume of $31.76 million, according to RealTrends Verified data. He is joining the team as a Resident…
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A major New York hedge fund has called on CoStar to divest or shut down its residential real estate business after heavy spending on Homes.com.
On Monday, The Home Depot announced it’s introducing software for builders, remodelers, and renovators that leverages AI to generate project lists in just minutes. The technology, Material List Builder AI, is one of scores of AI-driven software solutions aimed at increasing operational efficiencies – measured in build-cycle time and money – in the residential construction…
Roughly a year after calling on CoStar Group to embark on a journey of “meaningful self-help,” the firm’s activist investors at Third Point Investors Ltd are back again pushing the Andy Florance-helmed firm to reform, including developing “strategic alternatives for Homes.com.” In a letter addressed to CoStar Group’s board members published on Tuesday, Daniel Loeb,…