Items Tagged with 'SoftBank Group'

ARTICLES

  • Nationstar (aka Mr. Cooper) merging with WMIH Corp. in $3.8 billion deal

    WMIH is former parent company of Washington Mutual
    For more than 11 years, Fortress Investment Group controlled Nationstar Mortgage, the nonbank now known as Mr. Cooper, via majority ownership in the company’s shares. But that’s about to change. Nationstar announced Tuesday morning that it is merging with WMIH Corp., the former parent company of Washington Mutual in a $3.8 billion deal.
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  • 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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  • Japan’s SoftBank completes $3.3 billion acquisition of Fortress Investment Group

    Parent company of New Residential, majority shareholder of Nationstar acquired
    SoftBank Group’s move into the U.S. financial markets took a huge step forward on Wednesday, as the Japanese technology company completed its previously announced $3.3 billion acquisition of Fortress Investment Group, a global investment giant that has a huge stake in the U.S. housing finance system.
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  • Real estate startup Compass secures largest real estate tech investment in U.S. history

    SoftBank invests $450 million; Compass now valued at $2.2 billion
    Less than one month ago, Compass, a real estate technology company based in New York City, celebrated that it raised $100 million in its Series E investment round, which placed the company’s valuation at $1.8 billion. But that investment is dwarfed by the company’s new round of funding, which transforms Compass into one of the biggest in the real estate space.
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  • Fortress acquires Colony American Finance

    Colony American will now operate as CoreVest American Finance Lender
    Fortress Investment Group is about to be acquired by SoftBank Group in a $3.3 billion deal, but Fortress isn’t done making its own acquisitions while that deal works its way through the legal process. Fortress announced Tuesday that it is acquired Colony American Finance, a lender that provides financing for real estate investors who want to purchase single-family rental homes, townhomes, condos, and small multifamily properties.
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  • SoFi secures $1 billion in funding

    Series E funding led by SoftBank
    Online lender SoFi continues to make major waves in the industry. Not even a month after it surpassed $4 billion in funded loans, SoFi announced $1 billion in Series E funding led by SoftBank.
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