Real estate news site Estate Media raises $1.6 million

A real estate news startup called Estate Media has raised $1.6 million, reports Megan Graham of The Wall Street Journal.

Graham reports, “A group of media and real-estate professionals including ‘Million Dollar Listing Los Angeles’ star Josh Flagg are building a media company catering to the real-estate industry and its devotees.

“Flagg joins Griff O’Brien, who formerly worked in content acquisition at companies such as Amazon and Roku. O’Brien will be chief executive of the new company, called Estate Media. Andrew Shanfeld, co-founder of real-estate private-equity firm Carolwood, is also a co-founder.

“Estate Media raised $1.65 million leading up to its launch from investors including Upstate Shredding CEO Adam Weitsman, who has joined as a partner. Other investors include Powerhouse Capital, Morning Brew CEO Austin Rief and Scriber founder Brian Goldsmith, the company said.

“Estate Media’s products are set to include newsletters, podcasts and video on social platforms and its own website, which is expected to go live Wednesday.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.