Starwood SFR Firm Stung by Housing Market Slump
Some SFR firms that earn fees for deploying capital are getting squeezed, and a dearth of deals have pushed many to cut staff
Source: wealthmanagement.com
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Ribbon Suspends Cash Offer Service, Working on New Tools for Spring
The New York-based power buyer had been purchasing homes on behalf of RibbonCash clients who were unable to close a deal with their own financing.
Source: inman.com
Real estate unicorn Roofstock cuts its workforce by 20%
SF-based digital real estate unicorn Roofstock laid off 20% of its workforce shortly after announcing its first NFT-powered property sale.
Source: housingwire.com
$2B Real Estate Tech Startup Roofstock Cuts Staff By 20%
Three days after making a landmark NFT sale, San Francisco-based startup Roofstock announced the layoff of a fourth of its staff due to market headwinds.
Source: inman.com
Roofstock Acquires RentPrep
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Source: finsmes.com