Understanding Compass’ cash position
Compass, which has burned through nearly $800 million over the last 18 months, should have enough cash to last the brokerage at least another year, industry observers predict. But that runway could shrink if the residential market slump continues. After a dismal second quarter in which Compass lost
Compass CTO is out; brokerage laying off tech employees
UPDATED, Aug. 25, 5:40 p.m.: It’s the clearest sign yet that Compass is becoming what its rivals have always accused it of being: a residential brokerage. The firm is letting go of Joseph Sirosh, its chief technology officer, The Real Deal has learned. Compass CEO Robert Reffkin announced Sirosh’s d
Pacific Heights notches top price in SF this year
Greenoaks Capital now accounts for the priciest buy in San Francisco’s residential market this year, paying $17.6 million for a 115-year-old mansion in the Pacific Heights. The venture capital firm got the property at 2855 Pacific Avenue late last month, according to records filed with San Francisco
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