Real Estate

March 29, 2021 @ 11:06 am By Omar Faridi  |  

Property finance marketplace LendInvest has published a blog post in which it’s requesting people to support the company in certain Buy-to-Let, Bridging and Development Awards. LendInvest notes that it’s a busy award season in property lending. Like most years LendInvest has been recognized for its… Read More

March 29, 2021 @ 10:43 am By Samantha Hurst  |  

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Monday it has extended its Bitcoin cashback reward program to include MogoMortgage. Mogo reported that under the program its members who take out a new mortgage or refinance may earn up to $3,100 cashback deposited into… Read More

March 29, 2021 @ 8:11 am By Omar Faridi  |  

Andres Luts, Chief Credit Officer at EstateGuru, an Estonia-based peer-to-peer lender facilitating secured loans, is responsible for managing the platform’s credit policy across several different European nations. Luts recently commented on how he approaches risk and how the platform assesses and evaluates borrowers. As noted… Read More

March 25, 2021 @ 8:25 am By Samantha Hurst  |  

    Maxwell, a U.S.-based digital mortgage and fulfillment platform for small to midsize mortgage lenders, announced on Thursday it raised $16.3 million Series B funding round led by Fin VC and TTV Capital with participation from Rotor Capital, The Mortgage Collaborative Emerging Technology Fund,… Read More

March 25, 2021 @ 7:05 am By Omar Faridi  |  

The global real estate fundraising activity weakened or slowed down significantly last year, according to a report from Pitchbook. Companies were, however, able to keep activity “steady” during H2 2020, but toward the end of the year, fund closings had “ground nearly to a halt,”… Read More

March 24, 2021 @ 10:43 am By Omar Faridi  |  

The Security Token Group (STG), which aims to support the development of blockchain-based security tokens, recently published their February edition of the Security Token Market Real Estate Report. The Security Token Group noted in a blog posted released on March 22, 2021 that as we… Read More

March 24, 2021 @ 8:51 am By JD Alois  |  

Property investment platform Brickowner reports that individual investors are poised to invest, on average £37,000 into property according to an in-house survey. Brickowner allows investors to invest in commercial and residential property for as low as £500. Investors purchase shares in a Nominee that then… Read More

March 23, 2021 @ 10:24 am By Samantha Hurst  |  

LenderClose, a U.S.-based proprietary, technology-focused lending platform, announced on Tuesday it secured $10 million through its Series B investment round, which included participation from Next Level Ventures, Ardent Credit Union, Strata Credit Union, Tucson Federal Credit Union, Collins Community Credit Union, Financial Plus Credit Union,… Read More

March 23, 2021 @ 9:43 am By Samantha Hurst  |  

  loanDepot.com, LLC, a subsidiary of loanDepot, Inc. (NYSE:LDI”), a U.S.-based retail nonbank mortgage lender, announced on Tuesday it has teamed up with home builder Schell Brothers to launch a new venture, Henlopen Mortgage. The duo reported that through the venture, Schell Brothers will have… Read More

March 22, 2021 @ 11:08 pm By Omar Faridi  |  

Google (Nasdaq:GOOGL) is reportedly planning to spend $7 billion on real estate this year, mainly in the form of office space and data centers. During 2020, the tech giant had put its real estate spending plans on hold as the COVID-19 pandemic weighed on the… Read More

March 21, 2021 @ 10:24 pm By Omar Faridi  |  

  Milind Mehere, founder and CEO of YieldStreet, a digital wealth management platform that aims to transform the way financial products are delivered and how wealth is created, notes that the world had to deal with major challenges during last year’s “roller coaster ride” due… Read More

March 21, 2021 @ 5:33 pm By Omar Faridi  |  

Insurtech firm Lemonade has shared some important information regarding making down payments on properties. Team Lemonade (NYSE:LMND) writes in a blog post that when someone says they are “saving up” for a home, what they’re “really doing is saving up for a down payment.” The… Read More

March 20, 2021 @ 1:29 pm By Omar Faridi  |  

Property finance marketplace LendInvest has published a Case Study, which outlines the process of “stepping in with a £3.6m development exit loan following Covid delays.” You may also view LendInvest’s Development Exit products and complete range of short-term lending options by visiting the company’s intermediaries… Read More

March 17, 2021 @ 2:54 pm By Samantha Hurst  |  

  Real estate investing platform, addy, announced on Tuesday it recently launched its affiliate program in partnership with Fintel Connect. Founded in 2018, addy describes itself as an online investment platform that allows everyone to invest in real estate for as little as $1. “The hottest… Read More

March 17, 2021 @ 8:02 am By Samantha Hurst  |  

  LenderClose, a U.S.-based proprietary, technology-focused lending platform, announced on Wednesday it has launched Home Equity Express (HEx), which is described as a cloud-native technology for placement of collateral verification data and reports through an intelligent, automated workflow, reducing the time it takes credit unions and… Read More

March 15, 2021 @ 10:23 am By JD Alois  |  

Lending software provider Blend says it has entered into a definitive agreement with Mr. Cooper Group (NASDAQ: COOP) to acquire Title365, a provider of title insurance and settlement services. Blend will acquire Title365 for approximately $422 million, reflecting an enterprise value of $500 million, less… Read More

March 13, 2021 @ 8:44 pm By Omar Faridi  |  

Lithuania-based Debitum, which offers borderless small business financing, notes that many people are now beginning to understand that making smart investments can be a good way save money for later or for making bigger purchases. However, Debitum claims that companies or businesses “rarely” think about… Read More

March 13, 2021 @ 5:38 pm By Omar Faridi  |  

The team at UK-based Blend Network, an online P2P lender, notes that today’s “online” or digital world has made it easy for us to engage in e-commerce, work online or remotely, and even make investments via Internet-based platforms. Blend Network confirms that they’ll be conducting… Read More

March 13, 2021 @ 4:25 pm By Omar Faridi  |  

Crowdinvesting or crowdfunding for real estate has long been considered a major potential market. However, there are a number of platforms that have downsized during the past year, even some established players like Exporo. Notably, the first Germany-based firm that’s set to go public through… Read More

March 12, 2021 @ 7:36 am By Omar Faridi  |  

EstateGuru, an Estonia-based peer-to-peer lender facilitating secured loans, has released its loan portfolio overview report for the month of February 2021. EstateGuru reports that in February, they continued to apply their “proactive” business model, and this led to the financed loan amount exceeding €10M (again),… Read More