Real Estate

October 25, 2017 @ 3:02 pm By Samantha Hurst  |  

Real estate crowdfunding platform Groundfloor recently announced the launch of its new monthly interest payment investments. The funding portal revealed starting its next loan release users may invest in both deferred and monthly payment loans to further diversify and add monthly income yield to their portfolios. Groundfloor… Read More

October 24, 2017 @ 10:27 am By Samantha Hurst  |  

First RealFund (FRF), a commercial real estate crowdfunding platform headquartered in New York City, announced its public launch on Tuesday. The online platform reported it will provide qualified, accredited investors with opportunities to co-invest with FRF in professionally vetted offerings backed by leading real estate… Read More

October 24, 2017 @ 8:44 am By Samantha Hurst  |  

Real estate crowdfunding platform Groundfloor announced on Tuesday the launch of its new Loan Origination Network for mortgage brokers and third-party originators who are interested in tapping additional real estate loan opportunities. The funding portal revealed that it has opened its real estate financing platform… Read More

October 23, 2017 @ 9:25 pm By Samantha Hurst  |  

Online lender Fannie Mae announced on Monday the launch of its new single source validation, new API platform, and servicing marketplace for servicing transfers. The solutions on build on the company’s Day1Centainty and were created the website’s mortgage process. While sharing details about the new solutions, Timothy… Read More

October 18, 2017 @ 11:36 am By JD Alois  |  

The Fundrise Equity REIT, or Growth eREIT, has filed with the SEC to raise up to $45,730,440 under Reg A+.  The amount includes $11.8 million from a previous offering circular. The Growth eREIT focuses on acquiring commercial real estate assets with the expectation they will appreciate over… Read More

October 17, 2017 @ 3:48 pm By Samantha Hurst  |  

Less than a week after announcing its new office in Pittsburgh, real estate marketplace lending platform LendingHome announced it has surpassed $100 million in monthly loan volume and secured $57 million during its Series C-2 funding round, which included participation from Sberbank and Noah Holdings Limited. … Read More

October 17, 2017 @ 10:01 am By Samantha Hurst  |  

Fintech firm eOriginal announced on Tuesday it has formed a partnership with mortgage giant Quicken Loans to complete the final steps of its new online mortgage process to create an electronic note, and securely store as an authoritative copy with delivery to both custodians and… Read More

October 16, 2017 @ 11:36 am By JD Alois  |  

PeerStreet, an online marketplace for real estate backed loans, has appointed Louis Nees as Head of Capital Markets. Nees is a Wall Street veteran with over 30 years of experience in the financial services industry. Nees previously served as  SVP of Global Capital Markets for… Read More

October 12, 2017 @ 7:19 pm By JD Alois  |  

Fundrise, the online marketplace for investing in real estate, shared today that total quarterly dividends topped $3.9 million – the largest to date. More importantly, Fundrise compared their “Supplemental Income portfolio” annualized rate of return to other benchmarks and it looks pretty good. Fundrise is… Read More

October 12, 2017 @ 1:56 pm By Erin Hobey  |  

Private investors may now participate in a new equity crowdfunding real estate round for a mortgage of residential buildings in Darmstadt / Frankfurt area of Germany.  “Wohnen Im Village 11” on zinsbaustein.de features ten semi-detached houses and one detached house.  Private investors can participate in the… Read More

October 11, 2017 @ 3:29 pm By Samantha Hurst  |  

Marketplace lending platform LendingHome announced on Wednesday it has expanded operations by opening its new office in Pittsburgh. The online lender revealed it plans to bring a total of 50 well-paying financial technology jobs to Pittsburgh over the next year.  Co-Founder and CEO Matt Humphrey, who is Pittsburgh native… Read More

October 10, 2017 @ 10:10 am By Samantha Hurst  |  

Real estate marketplace lender Money360 announced on Monday it completed more than $100 million in loans during the third quarter of 2017. The platform revealed that the amount brings its total loan closings to over $450 million, with a target of $600 million in transactions… Read More

October 9, 2017 @ 2:31 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced last week it has financed several commercial properties in Texas. The funding portal revealed that a total of $10.1 million was raised for Sheraton DFW Airport Hotel and Texarkana Multifamily Portfolio. RealtyShares reported that it secured $2.4 million equity investment… Read More

October 5, 2017 @ 3:01 pm By Samantha Hurst  |  

Following the launch of CMG Financial’s crowdfunding platform HomeFundMe, CEO of the mortgage-banking firm, Christopher George sat down with CNBC to share more details about the new funding portal. As previously reported, HomeFundMe helps potential homeowners increase the amount of their down payment – resulting in more buying… Read More

October 4, 2017 @ 7:15 pm By JD Alois  |  

PeerStreet is getting bigger. The marketplace lender for real estate backed loans, has now topped $500 million in loans and the company is well on its way to $1 billion in online lending. Even more importantly, PeerStreet says that no money has ever been lost… Read More

October 4, 2017 @ 7:30 am By JD Alois  |  

Roofstock has just closed a substantial funding round led by Canvas Ventures. The online investment marketplace for single-family rental homes, has raised $35 million in Series C financing. The new funding included “substantial participation” from existing investors Lightspeed Venture Partners, Bain Capital Ventures, Khosla Ventures,… Read More

October 3, 2017 @ 11:50 am By Erin Hobey  |  

Lendy, the UK P2P property platform, has increased its pretax profits by 164% over the last year, rising from £1.04m to £2.74m, while turnover increased 104% over the same period, going from £13.5m to £27.5m. Lendy is now one of Europe’s leading P2P secured property platforms,… Read More

October 3, 2017 @ 11:02 am By Erin Hobey  |  

CrowdStreet, a commercial real estate investment platform for investor acquisition and relationship management, now offers several new “enhancements” to its flagship Sponsor Direct white-label software platform which was designed to address the needs of modern investment firms. With these new features, Sponsor Direct’s software combines… Read More

October 3, 2017 @ 8:42 am By JD Alois  |  

Shojin Property Partners is the newest entrant into the property crowdfunding space. The London based, FCA regulated crowdfunding platform was officially opened on 27th September. Shojin seeks to will investors looking to invest in property with property developers looking for funding.  Interestingly, Shojin said that… Read More

October 2, 2017 @ 12:38 pm By Samantha Hurst  |  

On Monday, privately held mortgage-banking firm CMG Financial announced the launch of its new crowdfunding platform mortgage payments, HomeFundMe. The company claims HomeFundMe is the first industry approved crowdfunding service providing homebuyers the support, education, and platform they need to crowdfund a mortgage down payment. CMG Financial… Read More