In the Money

Japan’s SoftBank continues U.S. real estate push by leading $865 million investment in Katerra

Makes sizable investment in construction disruptor
In the last few years, Japanese technology company SoftBank Group has undertaken a significant move into the U.S. real estate and housing market with a series of investments and acquisitions. Now, SoftBank is making another move into U.S. real estate by leading a massive capital raise in Katerra, a company that wants to revolutionize the construction industry.
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CalAtlantic Homes continues growth with acquisition of Utah’s Candlelight Homes

CalAtlantic set to merge with Lennar to create nation’s largest homebuilder
CalAtlantic Homes, which is set to be acquired by Lennar in a $9.3 billion deal that will create the nation’s largest homebuilder, is not done acquiring other homebuilders yet. The homebuilder announced that it acquired the homebuilding operations of Utah’s Candlelight Homes.
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Roofstock Series C funding boosted to $42 million by new investors

Online marketplace for single-family rentals also passed $1 billion in transactions
Back in October, Roofstock, an online marketplace for single-family rental home investing, announced that it raised $35 million from seven different investors in its Series C round of funding. But, more investors apparently wanted the chance to fund the platform.
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