Tagged: real estate

July 11, 2020 @ 4:12 pm By Omar Faridi  |  

London-based Cogress, a leading property investment company, confirmed that it’s getting ready to begin lending soon as the company prepares to secure £5.5 million in capital through its investors, after finalizing several new deals. Cogress raises funds via private equity, hotel investments, and mezzanine debt…. Read More

July 8, 2020 @ 3:06 pm By Samantha Hurst  |  

UK-based challenger bank TSB recently announced the launch of its new five year Fix and Flex Mortgage product (0-80% LTV) to help homeowners, particularly in the wake of the COVID-19 pandemic. TSB reported that unlike most fixed deals,  the Fix and Flex mortgage offers the… Read More

June 16, 2020 @ 10:52 am By Samantha Hurst  |  

Property investment platform CrowdProperty announced on Tuesday it has lent more than £75 million to SME property professionals and has now funded the development of 1,000 homes that were worth almost £170 million, enabling over £60 million of spend on labor, materials, and services in… Read More

June 6, 2020 @ 2:14 pm By Omar Faridi  |  

Toronto-based Manzil, a Fintech firm that provides halal (permissible for Muslims) financial services and solutions including mortgages, wants to give the public an opportunity to invest in the firm via a private placement conducted on FrontFundr, a Canada based crowdfunding platform. Manzil’s management noted that… Read More

May 25, 2020 @ 4:25 pm By Omar Faridi  |  

  We recently caught up with Jonah Schulman, the Head of Marketing at Security Token Market, a US-based company focused on a listing website for Security Token Offerings (STOs) from all over the world. The firm’s STO listings include basic information about the company and… Read More

May 21, 2020 @ 9:21 am By Samantha Hurst  |  

Fintech unicorn SoFi announced on Thursday it is expanding its partnership with life insurance platform Ladder to include estate planning. SoFi reported that through the partnership expansion, its members may now have the ability to draft their will for free and can also access legal services… Read More

May 20, 2020 @ 10:00 am By Samantha Hurst  |  

LendInvest, a UK-based marketplace for property financing, announced on Wednesday it has made some updates to its Buy to Let (BTL) products as valuations are permitted to go ahead. As previously reported, the BTL Plus product is designed for landlords who are currently on a… Read More

May 18, 2020 @ 3:10 pm By Samantha Hurst  |  

Commercial real estate crowdfunding platform ArborCrowd announced on Monday it has exited its investment in the Sioux Falls Multifamily Portfolio, a collection of Class B apartment communities located in Sioux Falls, South Dakota. ArborCrowd reported the decision generated a net internal rate of return (IRR)… Read More

April 22, 2020 @ 8:50 am By Samantha Hurst  |  

HouseCanary, a U.S.-based fintech firm focused on providing a real estate analytics solution, announced on Wednesday it has reviewed 41 states with the highest listing and transaction volume in the weeks since the COVID-19 pandemic hit the U.S. economy. According to HouseCanary, potential homebuyers were… Read More

April 21, 2020 @ 3:02 pm By Samantha Hurst  |  

Tavant, a U.S.-based AI-powered digital technologies provider, announced on Tuesday its FinConnect platform, which is described as an intelligent lending data and enterprise mortgage services integration hub, has processed more than 10 million digital mortgage transactions in the past 12 months. The platform has also processed… Read More

April 19, 2020 @ 9:35 pm By Samantha Hurst  |  

Propetly, a UK-based property investing marketplace,  has successfully secured its initial £225,000 funding target through its equity crowdfunding campaign on Seedrs. As previously reported, Propetly describes itself as a marketplace that allows property investors to find, evaluate and calculate their complete investment project. All projects… Read More

April 15, 2020 @ 10:45 pm By Omar Faridi  |  

Germany-based Black Manta Capital Partners has introduced a $12 million security token offering (STO) for the Berlin real estate market. The initiative is reportedly a collaboration with Tigris Immobilien, a German real estate company. Approximately 2000 sq meters of real estate property, which mainly consists… Read More

April 13, 2020 @ 7:43 am By Omar Faridi  |  

The emerging Real Estate Security Token (REST) ecosystem has been experiencing steady growth and development this year. Three new real estate properties were listed on RealT, a tokenization platform, last month. Real estate token trading reportedly doubled in March 2020 (when compared to the previous… Read More

April 2, 2020 @ 3:24 pm By Samantha Hurst  |  

Propetly, a UK-based property investing marketplace, is now seeking to raise a minimum of £225,000 through its equity crowdfunding campaign on Seedrs. The company is now offering 6.97% in equity at a £3,004,320 pre-money valuation. Founded in 2018, Propetly describes itself as a marketplace that… Read More

April 2, 2020 @ 2:00 pm By Samantha Hurst  |  

HouseCanary, a U.S.-based fintech firm focused on providing a real estate analytics solution, announced on Thursday it has acquired real estate technology startup, Dropmodel. HouseCanary reported that this is the first acquisition since its secured $65 million through its Series C growth funding round. Founded… Read More

April 1, 2020 @ 10:56 am By Samantha Hurst  |  

Tavant, a U.S.-based AI-powered digital technologies provider, announced on Wednesday the launch of its new proptech business. Tavant claims that the platform implifies the home shopping and buying process and the company has leveraged its years of experience in Fintech, Digital Transformation, AI and Machine… Read More

March 14, 2020 @ 3:25 pm By Omar Faridi  |  

PropertyGuru, an online property marketplace, revealed on March 12, 2020, that it will be  expanding into home finance with the launch of PropertyGuru Finance. According to a release, the proptech company’s management noted that it aims to help Singapore’s residents save money and have a… Read More

March 5, 2020 @ 8:16 am By Samantha Hurst  |  

Pan-European marketplace for short-term SME property-backed loans EstateGuru announced on Thursday it has just approved and published the first German project on its funding portal. According to EstateGuru, the first German project is in Sindelfingen, which is close to Stuttgart, and the borrower is an… Read More

March 4, 2020 @ 1:59 pm By Samantha Hurst  |  

Roostify, a U.S.-based digital lending platform provider, announced on Wednesday it has extended its partnership with TD Bank to deliver its home equity solution to the bank’s digital home lending platform. Roostify reported that last year, it and TD Bank partnered to launch a digital… Read More

March 3, 2020 @ 9:40 am By Samantha Hurst  |  

UK-based online mortgage broker, Trussle, announced on Tuesday it has appointed Ian Larkin as its new CEO. The appointment comes just two months after the sudden departure of Trussle’s founding CEO Ishaan Malhi.  According to Trussle, Larkin has held senior roles at Lloyds, Virgin Money, McKinsey… Read More