Real Estate News

QuantmRE Leverages Algorand to Launch a User-Friendly Blockchain-Based, Tokenized Home Equity Real Estate Marketplace

NEWPORT BEACH, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- QuantmRE today announced that it will be leveraging the Algorand protocol to deliver a groundbreaking, blockchain-based real estate marketplace that allows investors -- including individuals, family offices and institutions -- to buy, sell and trade fractionalized interests in the equity in residential homes, thereby enabling digital access to this $18 trillion asset class.

Opendoor Technologies Inc. Prices Upsized $850 Million Convertible Senior Notes Offering

SAN FRANCISCO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN) (“Opendoor”), a leading digital platform for residential real estate, today announced the pricing of its offering of $850,000,000 aggregate principal amount of 0.25% convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

Harbor Custom Development, Inc. Purchases 177 Unit Condominium Site in Lacey, Washington for $4,425,000

Gig Harbor, Washington , Aug. 18, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ: HCDI; HCDIP; HCDIW), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it has purchased an 8.44 acre property entitled for the construction of 177 condominium units in Lacey, Washington for $4,425,000.

New Verisk and Matterport Integration Accelerates Sketching Process for Insurance Claims

Matterport TruePlan for Xactimate accelerates insurance claims by generating 3-D sketches in one click and streamlining a formerly manual process

LEHI, Utah and SUNNYVALE, Calif., Aug. 13, 2021 (GLOBE NEWSWIRE) -- Property professionals can now rapidly generate digital 3D diagrams of loss sites directly in Verisk’s Xactimate® solution with Matterport TruePlan™for Xactimate, a new integration with Matterport, Inc.

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