News

Farallon Capital Launches New Real Estate Fund Worth $400 Million

Farallon Capital Management LLC, a global investment firm is launching a new real estate fund seeking to raise up to $400 million. the company has set aside a separate fund exclusively for its asset class and hopes to pitch the fund to its existing investors to gain a 20 percent internal rate of return.

Ten Eight Real Estate Mobile App Raises $500,000

A mobile app startup company which offers interactive tours of properties has raised $500,000 in a seed round led by Hamilton Ventures, according to the Atlanta Business Chronicle.

US Housing Numbers Rise, Permits Nears 5 Year High

A new report released on Tuesday said that builders began work on more houses in February and permits for future construction rose to the highest level in almost five years, indicating a housing recovery that is gaining strength.