Ivy Zelman is cautioning clients that overheated areas with heavy concentrations of investors are likely to face “corrections.”

The firm, which goes after value-add plays, prefers to focus on cash flows and tax strategies to serve its HNW investor base.

The digital mortgage-servicing platform will spend the proceeds on driving growth, in part by hiring engineers and loan servicing staffers.

Zillow is hoping to sell 7,000 homes to institutional investors as it deals with having bought too many properties, according to Los Angeles Times. The New York Times looks at what the easing of international travel restrictions will mean for...