Investors

Legacy Group Capital secures $180M from LibreMax Capital

Legacy Group Capital on Thursday announced its first institutional capital partnership with LibreMax Capital LLC, an $11.8 billion asset management firm that specializes in securitized products and asset-backed finance. The deal involves an 18-month revolving period during which principal payoffs can be reinvested to originate new loans, creating a projected $400 million in additional funding […]

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HomeVestors franchisee accused of running Ponzi scheme

A prominent Dallas-based home-flipping franchisee of HomeVestors of America — known for its “We Buy Ugly Houses” ads — is being accused of operating a Ponzi scheme that defrauded investors out of tens of millions of dollars. According to lawsuits and ProPublica interviews with alleged victims, Charles “Chas” Carrier, the owner of C&C Residential Properties,

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CoStar investors say the company needs ‘meaningful self-help’

There is no doubt that CoStar Group threw everything it had into the 2024 launch of the revamped Homes.com. From Super Bowl ads that were part of the firm’s $1 billion marketing spend, to a reallocation of nearly all of its sales staff, Homes.com debuted with a bang. And then things kind of fizzled.  Now,

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