May 22, 2019 @ 10:57 am By JD Alois  |  

PeerStreet, a leading crowdfunding platform serving the real estate marketplace, is expecting “substantial institutional growth.” In the online capital formation world, institutional money is needed for a platform to effectively scale. Since platform launch, PeerStreet has done a pretty effective job as loan facilitations have… Read More

May 18, 2019 @ 4:48 pm By JD Alois  |  

Recently Crowdfund Insider encountered a successful service that is not exactly a high profile business in the Fintech world. Back office fund management provided by Assure Services. What we did not realize is that many Fintech platforms are outsourcing their fund management so they may… Read More

May 15, 2019 @ 4:06 pm By Samantha Hurst  |  

Real estate crowdfunding platform CrowdStreet announced on Wednesday it has appointed Donna Wells to its advisory board. The appointment comes just days after sponsor J.Jeffers & Co. raised $10 million on CrowdStreet in just 80 minutes. In total, $14 million was raised in a day… Read More

May 14, 2019 @ 3:12 pm By JD Alois  |  

CapitalRise, a lender for prime residential developers, has secured a £30 million institutional funding line from an unnamed “major financial institution.” The additional capital will help fuel the loan book growth funding prime residential developers. CapitalRise reports that, to date, it has lent £300 million…. Read More

May 14, 2019 @ 9:28 am By JD Alois  |  

LendInvest, an online marketplace for mortgages, says it has dropped its product fees and lowered interest rates for both of its five year fixed rate BTL remortgage products for a limited time. In a move to boost demand, LendInvest states that its five year fixed… Read More

May 14, 2019 @ 9:17 am By JD Alois  |  

Brickowner, a UK based online property investment platform, is reporting topping £10 million in investment within just over a year of announcing the first £1 million invested through its platform. Brickowner’s business model is one of partnering with established property developers to provide a better,… Read More

May 13, 2019 @ 9:41 pm By JD Alois  |  

This past March, PeerStreet, a real estate crowdfunding platform, announced that it had topped $2 billion in transactions and over $1 billion in Assets Under Management. Three months early in January, that transaction number stood at $1.7 billion. If that pace holds, PeerStreet should be… Read More

May 13, 2019 @ 12:39 pm By JD Alois  |  

Commercial real estate crowdfunding platform iintoo has stepped up and acquired the assets of defunct platform RealtyShares. Deal terms were not disclosed. The news was revealed in a release from iintoo. RealtyShares, previously a leader in the real estate crowdfunding sector, shocked the market when… Read More

May 9, 2019 @ 8:11 am By JD Alois  |  

New real estate investment platform RealT has launched seeking to tokenize real estate assets. The company said in a release they intend to start with residential property in Detroit with plans to expand into other cities during the year. RealT states that it will also… Read More

May 9, 2019 @ 8:01 am By Samantha Hurst  |  

Better.com announced on Thursday it has expanded into several new markets, including Montana, New Mexico, Rhode Island, Nebraska, and Wyoming. The digital mortgage disruptor reported that the expansion follows an $85 million Series C capital raise. Backed by Ally, Citigroup, Goldman Sachs, American Express Ventures,… Read More

May 8, 2019 @ 4:08 pm By JD Alois  |  

Real estate crowdfunding platform CrowdStreet has shared some interesting news. According to the platform, sponsor J.Jeffers & Co. raised $10 million on CrowdStreet in just 80 minutes. In total, $14 million was raised in a day ($16.7 million in total offers were submitted). This is… Read More

May 1, 2019 @ 12:38 pm By Samantha Hurst  |  

Online platform Proplend announced on Wednesday it is making its property funding solutions available to individual owners of commercial property, as well as continuing to provide commercial investment finance solutions to corporate vehicles. According to Proplend, the Proplend loans are available to invest in manually… Read More

April 19, 2019 @ 2:14 pm By JD Alois  |  

CrowdStreet, a real estate investment platform providing direct equity investments for investors in commercial real estate (CRE), has surpassed $500 milion in aggregate online investment. The milestone comes following a record quarter for the platform where over $75 million was raised and the number of… Read More

April 18, 2019 @ 1:35 pm By Samantha Hurst  |  

Ally Financial Inc. (NYSE: ALLY), a U.S.-based digital financial services company, announced on Thursday it has partnered with mortgage disruptor, Better.com, to create an end-to-end digital mortgage experience for consumers looking for a mortgage loan from the Ally platform.  Ally reported that in addition to… Read More

April 17, 2019 @ 3:43 pm By JD Alois  |  

Announced last fall with much fanfare, Harbor’s security token offering for a real estate project in South Carolina has collapsed. According to a report in Crain’s, Harbor spokesperson Kevin Young has publicly stated “the Hub at Columbia REIT has been canceled.” The Hub referenced a… Read More

April 17, 2019 @ 12:00 pm By JD Alois  |  

AlphaPoint, a blockchain company focused on enabling asset tokenization and trading in a compliant manner, has partnered with Elevated Returns to launch a “secondary market for $1 billion USD tokenized real estate shares.” The exchange will focus on the Southeast Asian property markets. Elevated Returns… Read More

April 17, 2019 @ 11:07 am By JD Alois  |  

ReitBZ, part of BTG Pactual, has announced that it has hit its USD $3 million “soft cap” goal. ReitBZ has set a hard cap of USD $15 million. ReitBZ is a security token offering based on real estate assets. More specifically, distressed real estate assets… Read More

April 16, 2019 @ 1:35 pm By Samantha Hurst  |  

Real estate crowdfunding platform Groundfloor announced on Tuesday its 2019 first quarter results and momentum. According to Groundfloor, Despite the government shutdown of the U.S. Securities and Exchange Commission for 35 days, it still experienced 123% percent non-GAAP first quarter revenue growth compared to the… Read More

April 16, 2019 @ 7:51 am By JD Alois  |  

Peer-to-peer property lender CrowdProperty has closed their £1.1 million equity crowdfunding round on Seedrs easily topping their £600,000 goal. CrowdProperty raised capital at a pre-money valuation of £15.7 million. Approximately 575 investors supported the round. The news of their successful equity offering was joined by… Read More

April 8, 2019 @ 1:09 pm By Samantha Hurst  |  

Real estate investment platform PeerStreet announced on Monday it is updating its Automated Investing product functionality to make it even easier for investors to diversify on the funding portal. PeerStreet reported that it has lowered its minimum investment to just $100 for small balance reinvestments… Read More