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Two prominent private equity firms are buying EDR, a provider of real estate data and software-as-a-service, for $205 million, the companies announced earlier this week. The buyers for EDR, which provides property due-diligence and risk management technology and information, are Silver Lake and Battery Ventures.
Builder confidence dipped in March, falling for the third consecutive month, however it is still at a high level historically. The National Association of Home Builders cautioned builders are reporting challenges in finding buildable lots, which could limit their ability to meet demand.
Real estate investment firm Waypoint Residential announced Friday it added three members to its senior team to bolster the firm’s operations. The company has appointed Doug Wolski to managing director of portfolio management, James Driscoll to senior vice president of development and Gina Lujan to vice president of talent.