DUBLIN, Ohio, July 02, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced the launch of its AI-powered Internal Loan Officer Assistant. This newly released AI-powered assistant is designed to streamline administrative tasks within the mortgage division, driving operational efficiency and enhancing loan processing accuracy. The introduction of the AI Loan Officer Assistant is part of reAlpha’s broader strategy ...

BOCA RATON, FL, July 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company" or "DeFi Dev Corp."), the first public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced the pricing of its upsized private offering of $112.5 million aggregate principal amount of 5.5% convertible senior notes due 2030 (the "Convertible Notes"), to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities ...

Core Insights - Cloze has been included in eXp Realty's CRM of Choice program, allowing agents to use Cloze as their preferred CRM at no additional cost [1][4] - The platform captures a comprehensive view of agent-client interactions, automatically logging calls, texts, and emails, which enhances relationship management [2][4][8] - Cloze's AI capabilities facilitate personalized outreach and marketing, helping agents maximize productivity and deepen client connections [3][6][10] Company Overview - Cloze is an AI-powered sales and marketing platform designed for real estate professionals, focusing on strengthening relationships and automating outreach [10] - eXp Realty is the largest independent real estate brokerage globally, with nearly 81,000 agents across 27 countries, offering industry-leading commission splits and revenue share opportunities [11] Technology Integration - Cloze integrates with various tools such as Canva, SkySlope, and over 100 additional applications, streamlining agents' workflows and enhancing productivity [5][7] - The platform supports multi-lingual marketing, automatically detecting clients' languages to ensure effective communication [6] Agent Support - Cloze is designed to adapt to both solo agents and teams, providing shared communication history and lead routing while maintaining privacy for personal contacts [9] - The platform's mobile functionality allows agents to manage their business from anywhere, ensuring they remain productive on the go [7][8]

Core Insights - AppFolio has introduced Realm-X Performers, an embedded generative AI designed to automate complex workflows in property management, enhancing experiences for residents, property managers, owners, and investors [1][5] - The 2025 AppFolio Property Management Benchmark Report highlights that maintaining high occupancy rates is the primary concern for property managers, indicating a need for improved performance solutions [2] - Realm-X Performers aim to close the performance gap in traditional property management systems, which focus on task management rather than delivering outcomes [2][5] Product Innovations - Realm-X Performers will be integrated into Realm-X Flows, AppFolio's workflow automation engine, to standardize processes and enhance operational speed, effectiveness, and consistency [4] - The Realm-X Leasing Performer automates the leasing process by managing inquiries, scheduling showings, and providing essential details to property managers [6] - The Realm-X Maintenance Performer autonomously diagnoses and prioritizes maintenance requests, creating work orders and logging summaries [6] Performance Outcomes - Since its launch, Realm-X has delivered tangible performance outcomes for AppFolio customers, with users reporting an average savings of 10 hours weekly on tasks [7][11] - Realm-X Messages have improved resident communications, saving users an average of 26 seconds per message [11] - Realm-X Flows has achieved a 73% higher lead-to-showing conversion rate compared to non-users [11] Future Outlook - The launch of Realm-X Performers signifies a transformative shift in the property management industry, enabling a focus on delivering real performance and value for all stakeholders [5][8] - AppFolio continues to innovate, with upcoming events like FUTURE: The Real Estate Conference, where further advancements will be unveiled [9]

SHENZHEN, China, June 04, 2025 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (Nasdaq: DUO) ("FangDD" or the "Company"), a customer-oriented property technology company in China, today announced that its share consolidation ("Share Consolidation"), involving the consolidation of every 16 ordinary shares with a par value of US$0.0005625 per share, into 1 ordinary share with a par value of US$0.009 per share, will take effect at 8:00 a.m. Eastern Time on June 9, 2025. The Company's Class A ordinary shares will ...

Founder Giri Devanur Transitions to Executive Chairman About reAlpha Tech Corp. DUBLIN, Ohio, June 04, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) ("reAlpha" or the "Company"), an AI-powered real estate technology company, today announced a strategic leadership transition to support its next phase of growth. Effective June 3, 2025, Mike Logozzo, President and Chief Operating Officer, has been appointed Chief Executive Officer, and Giri Devanur, reAlpha's founder, Chairman of the Board and for ...

Investment Rating - The report assigns an "Attractive" investment rating to the Internet industry in North America [2]. Core Insights - Internet stocks experienced a decline of 1% last week, with notable movements in major companies such as META and AMZN, both down by 2%, while GOOGL saw a slight increase of 1% [2][10]. - The delay of Trump's proposed 50% tariffs on the EU, originally set for June 1 and now postponed to July 9, impacted market performance negatively in the latter part of the week [2]. - The report highlights significant price movements for specific companies, with RDDT down 11%, ABNB down 8%, and U down 9% [2]. Summary by Sections Market Performance - The overall market performance for Internet names was a decline of 1%, with the S&P 500 and NASDAQ indices falling by 3% and 2% respectively [10]. - The market-cap weighted average for digital ads showed a slight decline of 0.3%, while e-commerce saw a decrease of 2.1% [5]. Company Valuations - Valuations for major companies are as follows: AMZN at 28X, GOOGL at 17X, and META at 23X for 2026 EPS, reflecting changes of -9%, -11%, and +4% compared to the trailing twelve months average [2]. - The report provides a comprehensive comparison of various companies' market caps, EV, and multiples, indicating a range of valuations across the sector [4]. Price Movements - The report details the price movements of key players, with AMZN and GOOGL showing short interest percentages of 0.7% and 1.2% respectively, while META had a short interest of 1.4% [7]. - The one-week price performance for selected companies indicates a mixed trend, with some companies like PTON showing a significant increase of 19.4% while others like RDDT faced a decline of 11% [5][7].

Core Insights - The 2025 AppFolio Renter Preferences Report highlights the increasing demand for convenience-oriented services among renters, emphasizing the need for property managers to enhance the resident experience to remain competitive in a challenging market [1][2]. Group 1: Resident Expectations - Today's renters expect property managers to provide a digital, consumer-friendly experience akin to retail and on-demand services, yet many essential services remain limited, indicating a significant opportunity for property managers [2][5]. - Satisfaction with property management correlates strongly with lease renewal intentions, with 73% of satisfied residents planning to renew their lease, and 71% of those satisfied with maintenance also indicating similar intentions [5]. Group 2: Moving Experience - The moving process is identified as a major stressor for renters, with digital move-in services underutilized despite their perceived benefits; 80% of users found these tools helpful [3][5]. - Challenges during the move-in process are common, with three-fourths of renters reporting difficulties, particularly in setting up utilities [5]. Group 3: Generational Insights - Gen Z is projected to become the largest renter demographic by 2030, with a strong preference for technology-enhanced living environments; 71% of Gen Z renters consider digital move-in services important [4][5]. - Interest in smart home technology is notably high among Gen Z, with 69% expressing interest compared to lower percentages among older generations [5]. Group 4: Financial Services Preferences - Renters prioritize various financial services, with 86% valuing online rent payment, 72% for rent reporting, and 69% for flexible rent options [5]. - Despite the growing trend of online payments, 39% of renters still use traditional payment methods, highlighting a gap in service availability [5].

Shares of Opendoor Technologies (OPEN -1.85%) stock dropped 25% in April, according to data provided by S&P Global Market Intelligence. The latest monthly housing data was negative, and it doesn't look like Opendoor's troubles will end anytime soon.A depressing real estate outlookOpendoor's troubles began when interest rates were raised and the housing market started to decline. It's been several years now, and Opendoor continues to experience challenging conditions. Although there has been some progress in ...

Total revenue increased to S$10.9 million, 118% up from S$5.0 million in 2023Strong performance across all segments: Brokerage, Property Management, and Emerging ServicesNet loss narrowed significantly to S$4.4 million, or US$0.13 per shareGross margin improved to 40.5%, with notable gains in Brokerage and Emerging ServicesEBITDA loss reduced from S$5.1 million to S$3.4 million, with margin improving from -103% to -31% SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) -- Ohmyhome Ltd. (NASDAQ: OMH), a one-stop-sho ...