Real Estate

March 13, 2018 @ 2:11 pm By Samantha Hurst  |  

LandlordInvest, a peer-to-peer lending platform for residential and commercial mortgages, announced on Tuesday its secondary market has surpassed £1 million in complete sales. The market was launched in May 2017. According to LandlordInvest, the secondary market enables investors to offer eligible loans or loan parts for sale… Read More

March 9, 2018 @ 9:25 am By JD Alois  |  

Earlier this week, the first S-1 form was filed with the Securities and Exchange Commission that was for an initial coin offering (ICO). An S -1 is a securities exemption that initiates the filing process of doing an initial public offering. The company that filed… Read More

March 8, 2018 @ 10:04 pm By Samantha Hurst  |  

LendInvest announced on Thursday it has provided a £5.5 million loan to experienced borrower, Ross Harper, to fund the development of 24 new homes in Glasgow, Scotland. According to the online lender, the development finance loan is funding the conversion of a Grade II listed former… Read More

March 8, 2018 @ 11:29 am By Samantha Hurst  |  

PeerStreet, an online platform for investing in real estate backed loans, announced on Thursday it has appointed Greg Galusha as Head of Commercial Real Estate. According to PeerStreet, Galusha brings more than 25 years of real estate investment management experience for both institutional and private capital. … Read More

March 7, 2018 @ 12:39 pm By Samantha Hurst  |  

RealtyShares, an online marketplace for real estate investing, announced on Wednesday the results from its Commercial Real Estate Investing Survey, which was conducted online among over 2,000 U.S. adults in December 2017 by Harris Poll on its behalf. The results revealed that many Americans believe… Read More

March 6, 2018 @ 10:30 am By JD Alois  |  

Following its January launch, Blend Network has expanded its senior management team with the appointment of Beauty marketplace founder and former Morgan Stanley Vice President Roxana Mohammadian-Molina. This comes after Blend hired former senior Lloyds banker Charles Lamplugh. Roxana Mohammadian-Molina joins Blend Network after exiting… Read More

March 1, 2018 @ 10:57 am By Erin Hobey  |  

Sancus BMS Group,  part of GLI Finance which includes Sancus Finance (formerly Platform Black)and Sancus Finance (formally FundingKnight), announced its first significant drawdown of £17.5 million on its new facility with Honeycomb Investment Trust plc to expand its property-backed lending activities. The provision of the £50 million accordion… Read More

February 27, 2018 @ 9:18 am By JD Alois  |  

Propnology, a property crowdfunding platform that is based in the UK and has been in operation since 2015, is equity crowdfunding on Dubai-based Eureeca. One of the first FCA approved property investment  platforms, Propnology is seeking £300,000 for a 14% equity stake in the firm…. Read More

February 24, 2018 @ 8:07 am By JD Alois  |  

The New York Federal Reserve has published a staff report pertaining to “The Role of Technology in Mortgage Lending”. Authored by Andreas Fuster, Matthew Plosser, Philipp Schnabl, and James Vickery, the research asserts that Fintech is improving the mortgage lending market by making it more efficient… Read More

February 23, 2018 @ 11:21 am By Samantha Hurst  |  

Specialist property peer-to-peer lender, CrowdProperty announced on Friday it is launching its Innovative Finance ISA (IFISA). According to CrowdProperty, the tax-free product will be open initially to existing registered lenders who will be able to take advantage of this year’s ISA allowance of up to £20,000… Read More

February 22, 2018 @ 9:12 pm By Samantha Hurst  |  

Commercial real estate crowdfunding platform ArborCrowd announced its latest offering for investors to own an equity interest in a multifamily property with tremendous upside potential. Tower on Ryan Park (the Property) is a 141-unit, high-rise property located in downtown Mobile, AL. According to ArborCrowd, the total capitalization of the… Read More

February 22, 2018 @ 2:00 pm By Samantha Hurst  |  

Real estate crowdfunding platform CrowdStreet announced on Thursday U.S. commercial real estate company KBS has launched a new $1 billion “no load” and no upfront commission growth and income properties fund on its marketplace. According to CrowdStreet, the KBS Growth & Investment Fund was launched in beta last… Read More

February 22, 2018 @ 11:41 am By JD Alois  |  

StraightUp, a new real estate crowdfunding platform that puts a new spin on property investing, has launched to provide investors “unbeatable opportunity” to invest in New York City property developments. Incubated by HAP Ventures – a New York real estate development company, StraightUp is described… Read More

February 21, 2018 @ 7:00 am By Erin Hobey  |  

Groundfloor, said to be the first issuer qualified by the U.S. Securities & Exchange Commission to offer real estate based payment dependent notes that are available to non-accredited investors, has raised a total of $4.3 million from 671 participating investors in a combination of two… Read More

February 20, 2018 @ 9:10 am By Samantha Hurst  |  

On Tuesday, LendInvest announced the launch of its new buy-to-let (BTL) online calculator for intermediaries. According to LendInvest, the calculator is considered the latest in a series of ongoing improvements to the lender’s online calculators, aimed at making the loan application process as easy and straightforward… Read More

February 16, 2018 @ 3:44 pm By JD Alois  |  

Fundrise, a leading online real estate investment platform, has just sent out an email sharing their 2017 aggregate performance. In brief, this is what Fundrise reported; “In 2017, Fundrise investments earned an 11.44%* total return on investment, including over $16 million in dividends paid out… Read More

February 16, 2018 @ 11:48 am By Samantha Hurst  |  

Better Mortgage, a digital mortgage company working to improve access to home financing through transparency, honest guidance, and zero loan officer commissions, announced on Friday it has funded more than $1 billion dollars in mortgage loans to date. The platform, which launched in January 2016, claims… Read More

February 15, 2018 @ 7:35 am By Samantha Hurst  |  

Peer to peer lending platform Lendy has released its audited accounts for 2016, showing profits before tax rising to £3.3 million compared to £53,000 in 2015. The company reports that since launch in 2012, Lendy has originated over £376 million in secured loans generating £36… Read More

February 13, 2018 @ 9:00 am By JD Alois  |  

Sharestates, an online real estate investment platform, has been added to the Arizona Banking Department roster of lenders. With this state level approval, Sharestates says it will now offer their loan products to the real estate speculation and development community in a new statewide effort…. Read More

February 12, 2018 @ 1:00 pm By Samantha Hurst  |  

On Monday, LendInvest announced the launch of its new process for development finance borrowers to transition seamlessly between products. According to the online lender, the Product Transition process allows existing borrowers to transfer easily between specialized loans that are tailored to support them at each stage in… Read More