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Construction tech startup Modulous raises $11.5 million

Housing Wire

Seattle and London-based construction technology company Modulous has raised $11.5 based real estate developer, CEMEX Ventures , the venture arm of construction giant CEMEX ; Blackhorn Ventures (U.S.); based real estate developer, CEMEX Ventures , the venture arm of construction giant CEMEX ; Blackhorn Ventures (U.S.);

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Movement Mortgage names Joe Thompson as regional director

Housing Wire

Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico. The lender also provides rate-and-term and cash-out refinancing, along with construction and renovation loans.

Mortgage 429
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Proprietary Capital completes acquisition of AFR, hires new COO

Housing Wire

Pieklo spent 14 years at the lender before leaving in 2018. It also has a niche in construction and manufactured home loan programs. Corey Dubnoff, who founded AFR in 1997, will remain as chief administrative officer, and Tim Yanoti will stay on as chief financial officer.

Lending 439
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Compass continues M&A spree with addition of Austin team

Housing Wire

billion in sales since 2018. The team has a particularly large footprint in sales of new developments, having sold 1,500 newly constructed condominiums. A new acquisition will get it closer to that goal in Austin. The eight-person Prospect Real Estate Team is taking its talents to Compass, adding a group that’s produced $1.21

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Labor market cools on strike activity

Housing Wire

million, falling somewhere between their March 2022 high (12 million) and their relative pre-pandemic November 2018 high (7.6 In October, construction employment continued to trend up, adding 23,000 more jobs, aligning with the average monthly gain of 18,000 over the prior 12 months. Job openings also kept steady in September at 9.6

Marketing 417
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Top New Jersey team joins Compass

Housing Wire

Her achievements at RE/MAX include being inducted into the brokerage’s Hall of Fame (2008) and Circle of Legends (2018), as well as a Lifetime Achievement award (2011). According to a news release, the team has a particular focus on new construction, luxury homes and waterfront properties. million.

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Utah Professional Women in Building group leaves a mark

Housing Wire

In 2018, Kristin Smith was tasked with starting the first-ever Utah Professional Women in Building group. Now, in 2021, the large, female-only company designed and constructed a home that was showcased in the 2021 Utah Valley Parade of Homes — and sold to benefit several good causes. Utah Professional Women in Building group.