Outpouring of generosity for TSA workers, others without pay

The partial government shutdown is a double-whammy for Cara and Philip Mangone, a married couple from Philadelphia. Both are agents with the Transportation Safety Administration, both working full time at the Philadelphia airport. Neither knows when they might again start drawing their paychecks.

Invitation Homes taps new president and CEO

Invitation Homes Inc. (NYSE: INVH) has named Dallas Tanner as its president and chief executive officer, according to a release. Tanner, who will also become a member of the board of directors with the move, previously served as executive vice president and chief investment officer for the company. He took on the role of interim … Read more

HomeServices of America taps Gino Blefari as next CEO

HomeServices of America Inc. has named Gino Blefari chief executive officer, the Minneapolis-based homeownership service provider said Wednesday. Blefari has been CEO of HSF Affiliates, an Irvine, Calif.-based subsidiary of HomeServices, for over three years. He replaces Ron Peltier, who founded HomeServices in 1998. Peltier will serve as executive chairman of the company. “In today’s … Read more

Project to convert Franklinton church into affordable housing in limbo

Developers will scramble in the next few weeks to see whether plans to turn a 107-year-old Franklinton church into affordable housing remain financially viable. Homeport wants to tear down part of the 18,000-square-foot West Side Spiritualist Church, 79 McDowell St., and convert the space into 50 residential units. But there are concerns about keeping some … Read more

California is home to the country’s hottest housing market, but data shows Denver is closing in

When it comes to the country’s hottest housing markets, Silicon Valley still holds the top spot, but Denver isn’t far behind. A new report from Seattle-based Zillow ranked the top 10 housing markets in 2019 and found that Denver is No. 3. To find the country’s hottest housing markets, Zillow looked for cities with strong … Read more

Real estate tech firm Knock raises $400M

Knock, a startup that helps customers find a new home, has received a $400 million investment to support a national expansion plan and hiring spree. The New York-based company received new funds in a Foundry Group-led series B financing round. Knock expects to use the capital to double its 100-person headcount. Other investors who participated … Read more

East Bay real estate startup poaches from Tesla amid rapid growth

Oakland-based Roofstock, which helps investors buy single-family rentals across the country without ever seeing them firsthand, has hired a former Tesla leader as its vice president of operations. Fiona Taylor will oversee the firm’s rapid growth and hiring at both the Oakland headquarters and a Dallas office, which it established last summer with the purchase … Read more

WeWork CEO owns some buildings WeWork leases, raising conflict of interest concerns

WeWork CEO Adam Neumann is reportedly making money on properties he owns and leases back to the co-working giant. The Wall Street Journal cited unnamed sources on Wednesday who said that Neumann, an Israeli-born entrepreneur, has made millions of dollars by leasing multiple properties he owns a stake in back to WeWork. This raises conflict … Read more