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SERHANT. secures $45M to further develop its AI platform

Housing Wire

The investment — which is going to SERHANT. Technologies, the umbrella company that includes the brokerage — will be used to develop the company’s AI platform known as S.MPLE. Through our best-in-class technology and creative approach and solutions, we are expanding at an unprecedented rate,” Serhant said in a statement.

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CoreLogic’s John Rogers on AI, climate risk and land development issues

Housing Wire

Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development. Broadly, for every $1 invested in making a home more resilient, it’s equivalent to about $6 if that that disaster did occur and you need to rebuild the home.

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Home Depot Foundation invests $10M to assist veterans with aging in place

Housing Wire

The Home Depot Foundation — the philanthropic arm of the home improvement retail conglomerate — announced that it is investing $10 million for the purpose of enabling older military veterans to age in place in their homes. The new commitment furthers the foundation’s stated goal of reaching $750 million in investment activity.

Investing 370
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Figure gets $200M equity investment from Sixth Street through JV

Housing Wire

Technology platform Figure , which powers a liquid, blockchain-based marketplace for financial products, and global investment firm Sixth Street today announced the formation of a new joint venture vehicle in which Sixth Streets asset-based finance platform has committed to invest $200M of equity.

Investing 339
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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. Multifamily developments have been picking up with a very strong start.

Lending 364
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MoxiWorks CEO says technology won’t solve the real estate industry’s problems

Housing Wire

During the conversation, Velt and Elfman discuss the delicate art of balancing technology and artificial intelligence (AI) usage with developing client relationships. Tracey Velt: What overarching technology trends have you seen among real estate agents and brokers? How is MoxiWorks easing people into adopting a technology?

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Stone Point Capital takes a stake in Keller Williams

Housing Wire

Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian. Stone Point, a large asset manager, has a track record of putting companies it invests heavily in on a path toward an initial public offering.