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OpenAI, Anthropic Employees Could Buy Nearly One-Third of All Homes in San Francisco With IPO Earnings
A new Redfin analysis takes a look at how much Bay Area real estate OpenAI and Anthropic employees could hypothetically purchase with their IPO earnings, in the wake of two massively valuable AI companies filing confidentially to go public. OpenAI employees could buy 20% of all homes in San Francisco, or 15% of all homes…
U.S. Pending Home Sales Rise to Highest Level in 6 Weeks
Pending home sales ticked up as housing payments temporarily dipped down. U.S. pending home sales rose 1.3% from a week earlier to their highest level since the first half of May during the four weeks ending July 5. This data is seasonally adjusted. Homebuying demand picked up partly because of temporarily declining mortgage rates. The…
Why is Boku stock crashing today?
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New York-based KKR & Co. has expanded its Seattle-area footprint with a pair of acquisitions totaling $172 million. CBRE arranged the sale of CRU at Willows 124, a 195-unit, new-construction multifamily community in Redmond, Washington, for $94 million. CBRE represented the seller, Goodman Real Estate, in the transaction. CBRE also brokered the $78 million sale…