<p>The idea of becoming a real estate investor for as little as $5 may seem too good to be true. And for many users of Landa, a proptech company that promised just that &#8212; it has been. Landa emerged from stealth in August 2022, announcing a total of $33 million in funding and a pledge [&hellip;]</p>

<p>For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven brokers, and facing developers more focused on selling than serving customer needs. In 2019, Mostafa El Beltagy co-founded Nawy to bring transparency and efficiency to the market. Now positioning itself as Africa&#8217;s largest proptech platform, [&hellip;]</p>

<p>Elon Musk may have a sizable fan base, but residents of the upscale Austin suburb of West Lake Hills, Texas, are unimpressed by their celebrity neighbor, reports The New York Times. Instead, a $6 million home Musk purchased in 2022 has become the center of a battle after his team erected an unauthorized 16-foot chain-link [&hellip;]</p>

<p>Former WeWork CEO Adam Neumann has raised over $100 million in capital for his proptech startup, Flow, in a round that values that company at about $2.5 billion, Bloomberg reported on Thursday.&nbsp; Citing anonymous sources familiar with the deal, Bloomberg reported that existing backer Andreessen Horowitz (a16z) participated in the financing. Neumann told Bloomberg that [&hellip;]</p>

<p>During the COVID-19 pandemic, mortgage interest rates dropped to historic lows &#8212; as low as 2.5%. Fast-forward a few years and rates soared &#8212; to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of April 1 still at 6.84%.  The whiplash has left many people seeking to buy homes [&hellip;]</p>

<p>Reshape Energy is betting on a more integrated approach to accelerate the decarbonization of the built environment. Founded in Munich, Germany, back in May 2024, the startup is led by a team with expertise scaling energy businesses, including the German division of Octopus energy and energy price comparison platform Verivox. It&#8217;s focusing on selling energy [&hellip;]</p>

<p>Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion. The acquiring company is Rocket Companies, a Detroit, Michigan-based finance and real estate holding firm that owns various brands, including Rocket Mortgage, Rocket Money (formerly Truebill), and Rocket Loans. The combined entity will essentially pool the two [&hellip;]</p>

<p>Brendan Wallace has a lot on his mind lately. Wallace is the co-founder of Fifth Wall Ventures, a 9-year-old proptech venture firm with $3.2 billion in assets under management. He’s also a homeowner in L.A., which continues to battle raging wildfires. While his place remains intact, many of his friends haven&#8217;t been so lucky.  Wallace [&hellip;]</p>

<p>After a turbulent few years for proptech, Divvy Homes announced Wednesday that it is selling to a division of Brookfield Properties for about $1 billion.</p>

<p>Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the [&hellip;]</p>

<p>Surprise! Donald Trump’s big, audacious ambition to buy Greenland from Denmark has a tech angle. Ken Howery, named as U.S. President-elect Trump’s pick to be the next ambassador to the country (and thus chief broker of any deal), is one more part of the rich seam of tech people running through Trump’s upcoming administration.  Part [&hellip;]</p>

<p>Surprise! Donald Trump’s big, audacious ambition to buy Greenland from Denmark has a tech angle. Ken Howery, named as U.S. President-elect Trump’s pick to be the next ambassador to the country (and thus chief broker of any deal), is one more part of the rich seam of tech people running through Trump’s upcoming administration.  Part [&hellip;]</p>

<p>Real estate giant CBRE announced Tuesday that it is acquiring the rest of co-working startup&nbsp;Industrious, in which it already had a sizable investment, at a valuation of over $800 million. Founded in 2013, New York-based Industrious raised a total of $522 million in funding from investors, including Riverwood Capital and Fifth Wall Ventures. Its last [&hellip;]</p>

<p>Real estate giant CBRE announced Tuesday that it is acquiring the rest of co-working startup&nbsp;Industrious, in which it already had a sizable investment, at a valuation of over $800 million. Founded in 2013, New York-based Industrious raised a total of $522 million in funding from investors, including Riverwood Capital and Fifth Wall Ventures. Its last [&hellip;]</p>

<p>Home renovation projects can be unpredictable for both customers and builders. Meanwhile, small contractors barely use modern software and home renovation giants, like IKEA, tend to trundle on with dated legacy software. U.K. startup Beams thinks it can solve this conundrum and has now raised a $9 million Series A funding round to crack the [&hellip;]</p>

<p>Home renovation projects can be unpredictable for both customers and builders. Meanwhile, small contractors barely use modern software and home renovation giants, like IKEA, tend to trundle on with dated legacy software. U.K. startup Beams thinks it can solve this conundrum and has now raised a $9 million Series A funding round to crack the [&hellip;]</p>

<p>Real estate venture firm Fifth Wall is raising a new $500 million fund called Fifth Wall React, according to a regulatory filing.</p>

<p>The tourism and travel industries are finally back on track, expected to make a “full recovery” to pre-pandemic levels of activity, the UN said earlier this month. As an indicator of that, Hostaway, one of the bigger software startups in the space, is announcing a giant round of funding to double down on growth.&nbsp; The [&hellip;]</p>

<p>Houses in San Francisco are notoriously expensive, with the average home price hovering around $1.26 million. It’s no wonder that a fire-ravaged shack priced at $299,000 in one of San Francisco’s southernmost neighborhoods saw at least 20 people tour the property this past weekend, according to The San Francisco Standard. Potential buyers were asked to [&hellip;]</p>

<p>Houses in San Francisco are notoriously expensive, with the average home price hovering around $1.26 million. It’s no wonder that a fire-ravaged shack priced at $299,000 in one of San Francisco’s southernmost neighborhoods saw at least 20 people tour the property this past weekend, according to The San Francisco Standard. Potential buyers were asked to [&hellip;]</p>