- Doron Klein, named CEO of AFI Europe Romania Business Review
- AFI Europe Romania appoints Doron Klein as new CEO The Diplomat Bucharest Full coverage
- Grit Real Estate Income To End Quarterly Reporting Amid London Listing London South East (blog) Full coverage
- China Trade War Threat May Have Died Down, But CRE Is Still on the Front Lines National Real Estate Investor Full coverage
As predicted by all officials, the Fed raised rates for the second time in 2018—from 1.75 percent to 2 percent. The remainder of 2018 and 2019 may see more gradual hikes, with analysts predicting two more increases by year’s end in order to curb future inflation concerns following reports of a strong labor market and economic conditions.
Opendoor, an online real estate company claiming to make home-buying and –selling a stress-free and near instantaneous experience, just raised $325 million in a Series E round of financing. The technology-powered company is one of many so-called industry “disruptors” looking to stray from the traditional real estate model by replacing the agent in the transaction with technology-based services.