Real Estate

May 15, 2024 @ 10:27 am By JD Alois  |  

LendInvest, a Fintech offering financing for property developments, has boosted its BTL (Buy to Let) product and mortgages for homebuyers. According to the company, it has expanded its BTL product range with 80% LTV, and reduced rates by up to 15bps across itsrange, with rates… Read More

May 15, 2024 @ 8:17 am By Omar Faridi  |  

The Open Property Data Association supports the standardization of open property data to streamline the homebuying process for buyers, sellers, estate agents and solicitors with its trust framework – another example of #datasharing that will benefit the UK economy. The Open Property Data Association supports… Read More

May 15, 2024 @ 8:04 am By Omar Faridi  |  

On May 13, 2024, President Biden issued an order prohibiting the purchase and requiring the divestment of certain real estate operating as a cryptocurrency mining facility located within one mile of Francis E. Warren Air Force Base (F.E. Warren AFB). The order also requires the… Read More

May 14, 2024 @ 10:27 pm By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided an initial £25m loan to Blue Shield Capital, a property lending firm committed to simplifying bridge lending. Launched in 2020, by co-founders Gil Ulrich and Jonathan Hitter, Blue Shield primarily underwrites senior bridging loans “backed… Read More

May 14, 2024 @ 8:31 am By Omar Faridi  |  

UK Finance releases its latest mortgage arrears and possessions data for Q1 2024, while highlighting continuing lender support for customers The number of homeowner mortgages in arrears “rose slightly (three per cent) in Q1 2024 compared to the previous quarter,” in line with UK Finance’s… Read More

May 13, 2024 @ 9:35 am By JD Alois  |  

GenoCrowd, a real estate investment platform that provides developers with access to capital, is reporting that a recent offering opened to investors has quickly sold out. According to an email, the Eisenbahnstrasse, Leipzig project, which went live on April 30th with a funding goal of… Read More

May 8, 2024 @ 11:06 am By Omar Faridi  |  

Rent prices have surged in recent years, and wages have not kept pace, according to an update from real estate tech firm Zillow (Nasdaq: Z and ZG). While last year was a bright spot — wages grew faster than rents nationally and in almost half… Read More

May 6, 2024 @ 10:59 am By Omar Faridi  |  

The majority (85%) of consumers know what they need to do to be more energy efficient and the same proportion (84%) believe they are making efforts to achieve this, according to EcoSaver research commissioned by Bank of Ireland with Red C. While the vast majority… Read More

May 3, 2024 @ 8:23 am By Omar Faridi  |  

Estateguru is pleased to announce that their investors have now provided €800,000,000 in funding through their platform. The projects they have funded are now said to be “a feature of the modern European landscape, and a testament to the constructive power of informed investment.” The… Read More

May 1, 2024 @ 11:21 am By JD Alois  |  

tZERO is a recognized trailblazer when it comes to digital securities. An early adopter of the concept of tokenization and digital assets, today, tZERO is a regulated Broker Dealer and an SEC-approved alternative trading system (ATS). Utilizing blockchain technology, tZERO enables both digital securities and… Read More

May 1, 2024 @ 8:04 am By Omar Faridi  |  

OakNorth, which says it is the digital bank for entrepreneurs, by entrepreneurs, has completed a £1.3m loan to Caissa Holdings, in support of its first commercial property acquisition in Scotland. The time-critical deal was completed within a month, “highlighting OakNorth’s execution and delivery capability.” Caissa… Read More

April 29, 2024 @ 2:21 pm By Omar Faridi  |  

Cross River Bank, a New Jersey State chartered FDIC-insured bank and Equal Housing Lender known for its Commercial Banking Group (CBG) and real estate lending platform, has reportedly “closed over $200 million in originations in the first quarter of the year.” “True” to the company’s… Read More

April 29, 2024 @ 11:06 am By JD Alois  |  

Real estate crowdfunding platform GenoCrowd has launched the fourth projectwith the AS Group of companies. The AS Group is a real estate investor, investment manager, and developer based in Berlin with subsidiaries in Hamburg, Leipzig, Magdeburg, Cologne, and Frankfurt am Main. The company focuses on… Read More

April 25, 2024 @ 4:12 am By Omar Faridi  |  

LendInvest Mortgages, the UK’s platform for mortgages, has cut rates across its Residential Mortgage suite as it goes further “to support homebuyer customers who may struggle to get a mortgage on the high street.” LendInvest notes in a blog post that the range now starts… Read More

April 23, 2024 @ 9:37 pm By JD Alois  |  

While Fundrise continues to pound the table on its newish early-stage investment fund with non-stop commercials on CNBC, the company is quietly generating decent returns on the legacy side of the business of real estate investments. According to a recent report, the Fundrise Flagship Fund… Read More

April 23, 2024 @ 8:26 am By Omar Faridi  |  

PeerBerry’s business partners – real estate developers Lithome and SIB Group– have now reportedly repaid investors two loans totaling €1.79 million with interest. As noted in a blog post by PeerBerry, Lithome has repaid a one-year term loan of €750,000 (the real estate project “Baltupio… Read More

April 18, 2024 @ 11:26 pm By Omar Faridi  |  

When it comes to buying investment properties millennials are not only the most active generation, but many are happy to go it alone, new data from CommBank has found. According to the data, 46 per cent of the banking institution’s new property investors in 2023… Read More

April 18, 2024 @ 9:01 am By JD Alois  |  

CrowdProperty, a property investment platform, has announced a new feature called Instant Decision in Principle (iDIP). This feature aims to speed up the financing process for developers. The feature will be officially revealed at the Property Investor Show in London this weekend. CrowdProperty explains that… Read More

April 18, 2024 @ 8:32 am By Omar Faridi  |  

Since 2020, median home prices have risen by 16%, while the median household income has increased by ~1% – from $76,660 in 2020 to $77,283 in 2024. For a median-priced home worth $417,700, a 15% down payment would cost $62,655. Anthony Scaramucci & SkyBridge have… Read More

April 17, 2024 @ 8:57 am By JD Alois  |  

Property funding marketplace CapitalRise has revealed a £6.5 million loan to develop the Mews House in the exclusive Mayfair neighborhood. The land is being issued in partnership with real estate debt and equity adviser Vishal Dixit, Arc & Co. The project plans to convert the existing layout… Read More