Startup Domuso Raises $3.1 mln from real estate vets

Santa Monica, California-based Domuso, provider of a financial platform for renters, announced it has raised $3.1 million in funding. The company said investors include owner/operators of rental properties, such as real estate magnate David Kim, founder of Bascom Group. The company has now raised $5.8 million in total funding since it was founded in 2014. Co-founders include Damian Langere, Michael Lightfoot and Keith Wasserman. Langere and Wasserman, who are cousins, are co-founders in the real estate company Gelt.

Trump Treasury Dept Renews Modest Real Estate Anti-Money Laundering Regs

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She now spends much of her time in Asia and is currently working on a book about textile artisans. Last week, one day before the Financial Accountability and Corporate Transparency Coalition (FACT Coalition) published a major study discussing the failed status […]

MiB: Rich Barton on Making Information Available to All

This week, we sit down with Rich Barton, the Microsoft engineer who developed Expedia while working for Bill Gates and Steve Ballmer in the 1990s. Expedia was spun out of Microsoft, and while CEO Barton took it public, before it was eventually acquired by Barry Diller’s IAC. He is also the co-founder of Zillow, and Glass Door, and is on the… Read More The post MiB: Rich Barton on Making Information Available to All appeared first on The Big Picture.

Photographs from Grenfell Tower

By Lambert Strether of Corrente. I said I had some things to do before I left London; one of them was to go see if I could take some photographs of Grenfell Tower. We don’t normally do photo essays at Naked Capitalism, but since I was on the spot, I thought it made sense. The […]

MetaProp targets $25 mln second fund

MetaProp Ventures announced a second fund targeted at $25 million, according to a regulatory filing. The New York-based firm is led by Aaron Block, Zachary Aarons, Zachary Schwarzman and Clelia Peters and invests in real estate technology startups, according to its website. In 2015, the firm raised an unspecified amount, according to Thomson Reuters.

Fifth Wall adds EIR

Venice, California-based Fifth Wall Ventures, which in May raised $212 million to invest in real estate technology, announced it has added Landon Tucker as its first entrepreneur-in-residence. Previously, Ticker was a senior analyst at Trian Fund Management, the firm said in a Medium blog post. Source: Medium blog post  

The Missing Boomerang Buyers

The Missing Boomerang Buyers Jessie Romero Federal Reserve Bank of Richmond, First Quarter 2017     Does it matter whether those who lost their homes during the crisis come back to the housing market?     In July 2006, the Mortgage Insurance Companies of America, a now-defunct trade group, sent a letter to the Federal… Read More The post The Missing Boomerang Buyers appeared first on The Big Picture.