Real Estate

July 2, 2022 @ 2:27 pm By Omar Faridi  |  

Proptech startup Properti has successfully closed a second seed financing round of 6 million Swiss francs. With the fresh capital, Properti is accelerating its growth in Switzerland and “further expanding its proprietary tech platform.” In addition to lead investor Serpentine Ventures, the startup also “convinced… Read More

June 30, 2022 @ 12:36 pm By Omar Faridi  |  

Clear Capital, a national real estate valuation tech firm, has announced the launch of two Application Programming Interfaces (APIs), Property Valuation API and Risk Assessment API. Each API connects directly into existing systems “through a single integration for lenders, investors, and system providers, making it… Read More

June 29, 2022 @ 3:34 pm By JD Alois  |  

CrowdStreet, a real estate investment platform, says they are expanding opportunities for individual investors in spite of the ongoing market volatility and rising interest rates. Simultanesoulsy, CrowdStreet says they are hiring several new executives to better manage their growing offerings. In 2021, CrowdStreet raised $1.2… Read More

June 26, 2022 @ 11:39 pm By JD Alois  |  

Fund That Flip, a real estate investment and financing marketplace, has been recognized as a top place to work by Cleveland.com. The Mid-western venture ranked in 1st place among midsized companies for 2022. Fund that Flip is said to currently employ 230 individuals including 140… Read More

June 23, 2022 @ 10:50 am By JD Alois  |  

Aided by Praxent, Sage Equity Partners is launching a “crowdfunding platform for modern investors” according to a company release. Praxent is a “a Fintech UX and engineering” firm that is working with Sage on the platform labeled “SageStreet.” Houston based Sage Equity Partners  is described… Read More

June 22, 2022 @ 11:57 pm By Omar Faridi  |  

ARA Venn, a specialist investment manager of private debt in the residential sector, has “completed a fund-raise of up to £280m to invest in home-finance plans” to be originated by StrideUp, a digital home finance group that is “co-owned by ARA Venn.” Over the past… Read More

June 22, 2022 @ 11:26 am By JD Alois  |  

JP Morgan (NYSE:JPM), is slashing jobs in its mortgage business as the economy slows and demand for mortgages slows, according to a report by Bloomberg. JP Morgan is an enormous financial services firms with $4 trillion in assets and a significant home lender. The report… Read More

June 22, 2022 @ 9:27 am By JD Alois  |  

Kiavi, an online lending platform serving real estate investors, has announced the securitization of $218 million in unrated residential transition loans (RTLs). Nomura Securities International was the sole structuring agent of this securitization with Nomura, Barclays Capital and Performance Trust Capital Partners, joint book-runners and… Read More

June 21, 2022 @ 6:41 pm By JD Alois  |  

Knight Dragon Investments Limited has announced the tokenization of a central London property with an expected market valuation of £140 million. Issued by its subsidiary, KD Tokens Limited, the digital asset represents an economic interest in the Upper Riverside Development located at the corporation’s ten… Read More

June 21, 2022 @ 11:34 am By JD Alois  |  

Compass (NYSE: COMP), a digital real estate listing platform, and Redfin (NASDAQ: RDFN) a similar platform have both slashed employee headcount as the economy teeters on the brink of recession. Redfin is cutting employees by 8% while Compass is reducing jobs by 10%. The two… Read More

June 21, 2022 @ 7:35 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, notes that their commitment is to help investors “access great risk/return lending opportunities, while at the same time supporting experienced SME property developers and small construction companies unlock funding to build more homes.” Blend Network‘s experienced lending… Read More

June 16, 2022 @ 11:30 pm By JD Alois  |  

Foxstone, a real estate crowdfunding platform, has raised a CHF 10 million Series A funding round according to a note from the company. Foxstone said all existing investors participated in the securities round along with new investors including Rosablanche Ventures, the family investment vehicle of… Read More

June 15, 2022 @ 8:44 am By Omar Faridi  |  

2021 was the year of considerable growth for PeerBerry, the company claims. The platform has “almost tripled within the previous year.” PeerBerry’s loan portfolio “grew 2,77 times or 177% exceeding EUR 85,43 million at the end of the year 2021.” Last year, through the PeerBerry… Read More

June 10, 2022 @ 9:33 am By JD Alois  |  

  Proportunity, a mortgage enabler for home buyers, is planning to raise growth capital on Seedrs. Proportunity is an interesting financing platform as it provides part of the capital needed to purchase a home. As prices rise along with inflation, Proportunity can provide an alternative… Read More

June 8, 2022 @ 7:19 am By Omar Faridi  |  

Zibble, a long term property rental marketplace for renters, landlords and property contractors, has raised 101% (£80,950) of its £80,000 target from 154 investors through its crowdfunding campaign, carried out via Seedrs (with 2 days left in the sale). Located in the United Kingdom, Zibble… Read More

June 7, 2022 @ 10:10 pm By Omar Faridi  |  

Australian property intelligence platform Archistar recently finalized a $11 million strategic funding round led by NAB Ventures as it looks “to streamline the development application process by providing instant feasibility, compliance checks and concept designs for any site across Australia.” Skyfield, Skip Capital and a… Read More

June 7, 2022 @ 9:41 am By JD Alois  |  

Kiavi, has expanded its services into three new states: Wisconsin, Alabama and Arkansas. Kiavi will now offer bridge and rental loan products in these new states enabling real estate investors (REIs) to expand and scale their businesses to additional markets. Founded in 2013, Kiavi (formerly… Read More

June 6, 2022 @ 7:00 am By Omar Faridi  |  

Zump, a professionally designed social network for property (think LinkedIn/Instagram for Real Estate),  has raised 94% (£236,380) of its £250,000 target from 131 investors (at the time of writing) through its crowdfunding campaign via Crowdcube (with  15 days left in the sale). Zump reports a… Read More

May 17, 2022 @ 8:57 am By Omar Faridi  |  

Following a £10 million equity funding round late last year and a period of “rapid expansion” at Blend Network, the team is now expanding their UK local and regional footprint “with the opening of a number of satellite offices across the UK regions.” In March,… Read More

May 10, 2022 @ 8:16 am By Omar Faridi  |  

Residently, which is focused on “building the brand” for the world’s $2 trillion long term home rental market, has acquired 161% (£2,015,460) of its £1,250,000 target from 481 investors through its crowdfunding campaign carried out via Seedrs (at the time of writing). Located in London,… Read More