Every week, it seems like there’s another example of people (or companies) going to extremes to secure housing in the Bay Area. Earlier this year, Facebook and Google both announced plans to help build new, affordable housing in Silicon Valley. And now, LinkedIn is joining in too. All that, and more, in your Monday Morning Cup of Coffee.
As Houston continues its recovery efforts from Hurricane Harvey, which swept through South Texas in September this year, one organization said it is important to ensure those who are in most need of help, receive it. Even before the storm hit, some Houston residents were one paycheck away from real trouble.
U.S. Department of Housing and Urban Development Secretary Ben Carson announced a new initiative to help HUD-assisted families achieve self-efficiency. HUD explained these centers will be hubs for what it calls the four key pillars of self-sufficiency: character and leadership, educational advancement, economic empowerment and health and wellness.
Less than one month ago, Compass, a real estate technology company based in New York City, celebrated that it raised $100 million in its Series E investment round, which placed the company’s valuation at $1.8 billion. But that investment is dwarfed by the company’s new round of funding, which transforms Compass into one of the biggest in the real estate space.
It’s a happy holidays to more than a quarter million more Americans who can now sell their home, not at a loss, but at a profit.
On any given night, an average of 553,742 people are without a home in the U.S., a slight increase from last year. And most tragically, a total of about 40,799 unaccompanied youth and children were homeless in a night. Here is the state of homelessness in 2017, and HUD’s response to the report.
Last month, Facebook announced that it was launching a massive push into real estate, bringing apartment rental listings to its Marketplace. The listings are powered by Apartment List and Zumper. But as it turns out, powering Facebook’s real estate listing movement isn’t the only big deal that Apartment List inked lately.
It’s time for the Glassdoor Employees’ Choice Awards for the Best Places to Work!
But how do real estate companies do? How many reach the top 100 place to work, as rated by the people who work there?
RealPage, a provider of software and data analytics to the real estate industry, announced Tuesday that it completed its $300 million acquisition of Lease Rent Options and related assets from The Rainmaker Group.