Real Estate

RealtyMogul Files New Reg A+ for Blind Pool REIT

It appears that RealtyMogul, an online real estate investment platform, is preparing a new fund for investors. According to a filing with the Securities and Exchange Commission, RealtyMogul is looking to offer a new “blind pool” REIT under Reg A+. The offering is seeking up… Read More

Real Estate Investment Platform Newchip Secures $2 Million in Seed Funding & Surpasses 50,000 Users

Newchip, a platform that connects new and experienced investors to business and real estate investment opportunities, announced on Thursday it secured $2 million through its latest seed funding round. Along with the funding news, the company declared it has surpassed 50,000 in users. Newchip also welcomed institutional investments… Read More

Fintech LendInvest Increases Fees Paid to NACFB Registered Brokers

LendInvest, an online property lending platform, is now offering NACFB-registered brokers an increased fee for NACFB registered brokers. LendInvest is increasing the fee paid from 1% to 1.2%. LendInvest describes this initiative as part of a series of measures implemented by LendInvest to support raising… Read More

LendInvest’s Buy to Let Product Propels Boom in Hiring as Demand Surges

  Online mortgage lender LendInvest reports it is scrambling to hire new employees due to the demand of its Buy-to-Let (BTL) product. The LendInvest team has now grown to 15 people in the short period since the  BTL product was launched in November 2017. Antonia… Read More

London Fintech MoloFinance Secures £3.7 Million in Seed Funding For The Development of Fully Digital Mortgage Solution

MoloFinance, a UK-based fintech that is aiming to revolutionize mortgages, announced on Wednesday it secured £3.7 million through its latest seed funding round, which was led by Ubon Partners. Founded in 2017, the company reported it is developing what it thinks is the first true fully… Read More

U.S. Fintech Obligo Secures $5 million in Financing; Seeks to Launch Next-Generation Security Deposit Alternative in Real Estate

Obligo, a fintech startup that’s focused on the real estate market, announced on Tuesday it has raised $5 million through its latest financing round to launch its next-generation security deposit alternative. The funding round was led by 83 North (formerly Greylock IL) and included investments from Entrée Capital and HFZ… Read More

PeerStreet’s Nia Patel Named One of HousingWire’s 2018 Rising Stars

PeerStreet, a marketplace for investing in real estate backed loans, announced on Friday that one its managers, Nia Patel, has been named to HousingWire’s 2018 Rising Stars list of young leaders to watch in the housing industry. According to PeerStreet, HousingWire’s 2018 Rising Stars list… Read More

LendInvest Debuts First Official BTL Legal Panel Six Months After Product Launch

LendInvest announced on Thursday it has named firms JMW Solicitors LLP and Lightfoots Solicitors as its first official panel of solicitors for its Buy-to-Let product. According to the online lender, JMW Solicitors is one of the North West’s leading full-service law firms, with significant experience in handling… Read More

PeerStreet Milestone: Funds One Billion in Loans

PeerStreet, an online platform for investing in real estate backed loans, announced on Wednesday that one billion in loans have been funded through its marketplace since launch. This announcement comes after the investment portal announced the close of its $30 million Series B last month. PeerStreet reported that… Read More

Fundrise Filing Updates on Equity eREIT Progress

Fundrise, an online real estate investment platform, has just filed a Reg A+ update with the Securities and Exchange Commission that updates on their equity eREIT offering. Several years old now, the eREIT offering circular indicates the company has sold approximately $73 million in shares… Read More

Real Estate Crowdfunding Platform Small Change Lists Side by Side Reg CF – Reg D 506c Offer

Small Change was the first real estate crowdfunding platform in the US to use the Reg CF exemption to offer non accredited investors the option to invest in property online. Recently, Small Change has listed their first side-by-side Reg D 506c / Reg CF offering… Read More

Fundrise SEC Filing Provides Insight into For Sale Housing eFunds

Two recent filings with the Securities and Exchange Commission (SEC) have provided some insight into the progress of Fundrise’s eFunds. Last year, Fundrise launched two eFunds – both targeting “For Sale Housing” in two different markets: Washington, DC and Los Angeles. These new funds were… Read More

Real Estate Crowdfunding: MG Capital Migrates Investment Opportunity Online

Real estate crowdfunding continues to be a promising sector for both issuers of securities and investors in the space. It is an inevitability that property as an asset class will migrate to being available nearly 100% online. Easier for investors to participate and incredibly easier… Read More

Online Lender Better Mortgage Appoints Former OnDeck Employee Howard Katzenberg As New Chief Financial Officer

Better Mortgage, a digital mortgage company working to improve access to home financing through transparency, honest guidance, and zero commissions, announced on Monday it has appointed Howard Katzenberg as its new CFO. According to Better Mortgage, Katzenberg was the CFO of small business lending platform OnDeck… Read More

Commercial Real Estate Crowdfunding Platform First RealFund Secures $500,000 of Preferred Equity for Brooklyn Property Renovation

First RealFund (FRF), a commercial real estate crowdfunding platform headquartered in New York City, announced on Thursday it raised $500,000 of preferred equity financing for the renovation of a 4-story brownstone in Brooklyn’s Bedford Stuyvesant neighborhood. According to FRF, the project’s sponsor, XYZ Group, has pinpointed a… Read More

PropertyCoin Launches Initial Coin Offering for Security Token backed by Real Estate

Aperture’s PropertyCoin initial coin offering kicked off yesterday as the company seeks to marry blockchain and real estate backed investments. Property Coin is said to be the first opportunity to own a professionally managed real estate portfolio using Ethereum. Based in Los Angeles, Aperture is a real… Read More

Specialist Property Peer-to-Peer Lender CrowdProperty Appoints Mike Bristow As New CEO

Specialist property peer-to-peer lender, CrowdProperty announced on Tuesday it has appointed Mike Bristow as its new CEO. Bristow is the co-founder of the lending platform and has been on the Board as a Non-Executive Director since it was established in 2013. He is now taking on… Read More

Industry Veteran Hired by PeerStreet as Chief Real Estate Officer to Boost Platform Expansion

PeerStreet, a real estate investment platform, has has appointed John Devereux as Chief Real Estate Officer. The hiring comes following a $29.5 million Series B funding round, with plans to increase it’s pace of hiring. PeerStreets growth has rocketed in the past 12 months having topped… Read More

Scaling Real Estate Crowdfunding: PeerStreet Establishes a Culture of Excellence at the Top

PeerStreet is an award-winning real estate investment platform that wants to enable a far wider audience to invest in real estate debt. The company provides investments in short term, real estate backed loans – an asset class that has traditionally been difficult to access for… Read More

Homeownership Preservation Foundation & CMG Financial Team Up to Increase Homeownership Opportunities

The Homeownership Preservation Foundation (HPF) announced on Wednesday it has formed a partnership with CMG Financial to help more people reach their dream of owning a home, through pre-purchase education and homebuyer preparation with CMG Financial’s proprietary down payment crowdfunding platform, HomeFundMe.  As previously reported, HomeFundMe allows prospective… Read More