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Investment Executive Buys Wellington Home For $6M - Vimarsana News

Investment Executive Buys Wellington Home For $6M

Patrick Galley & Cindy Galley and 12549 Cypress Island Way in Wellington (Photo via Redfin) An executive at a Chicago investment management firm bought a waterfront spec home in Wellington for $6.2 million. Records show Patrick W. Galley and Cindy F. Galley bought the newly built house at 12549 Cypress Island Way. The seller is Estate Homes By Stock LLC, a Florida Corporation tied to Naples-based Stock Development led by John Ferry, CFO. Patrick Galley is CEO and CIO of RiverNorth Capital Management, an investment management firm based in Chicago. Estate Homes By Stock LLC bought the land in ...

SPACs Target Proptech Companies For IPO - Vimarsana News

SPACs Target Proptech Companies For IPO

Share via Shortlink From left: Lionheart’s Ophir Sternberg, Fifth Wall’s Brendan Wallace, Chamath Palihapitiya, Supernova Partners’ Spencer Rascoff and Proptech Acquisition II’s Tom Hennessy (Getty, LinkedIn, iStock)   It’s a good time to be a startup aspiring to go public. Investors plowed more than $83 billion into blank-check companies last year — and 11 days into 2021, they’ve invested $7.2 billion more. More than a half-dozen of those entities, also known as special-purpose acquisition companies, are targeting proptech startups. The VC firm Fifth Wall Ventures was ...