Spruce, a new startup looking to speed up the mortgage-closing process, has raised $4.5 million in its Series A financing from Bessemer Venture Partners, Omidyar Network and Third Prime Capital, along with a slew of private angel investors. Founded by two former employees of the robo-advisory wealth management company Betterment, the new startup is notable for a few reasons. First, it’s yet another startup launching to tackle the real estate...Read More
May 28, 2016
Fair Oak Trustees takeover of Title Trustees Breaking News: Fair Oak Trustees takeover of Title Trustees. What does this mean for the industry when such a move is planned?
July 20, 2017
Luxury property sales in the Hamptons, New York’s weekend haven for the wealthy, are on the upswing thanks to a buoyant stock market, with four closings over the $20 million mark in the three months ended in June compared with none last year, real estate data show. Residential sales in the Long Island villages of East Hampton, Southampton and Bridgehampton came roaring back in the second quarter from a lackluster period a year ago, a report by brokerage Town and Country Real Estate said Monday. Closings in the $10 million to $19.