Real Estate

July 2, 2024 @ 7:06 pm By Andrew Corn  |  

The ecosystem for capital-raising for commercial real estate is slowly embracing something new: the ability to raise significant capital directly from retail investors and blending it with capital from family offices, and other smaller institutions. We’re in a new age of capital raising for the… Read More

July 2, 2024 @ 1:42 pm By JD Alois  |  

Digital lender Assetz Capital has shared information on two transactions. Assetz Capital is an online lender supporting the property development sector. According to the company, one transaction included a £5 million commercial mortgage to refinance an ibis Styles hotel at Waterloo Street in Glasgow, owned… Read More

July 1, 2024 @ 4:23 pm By Omar Faridi  |  

To comfortably afford a typical U.S. home, a home buyer making the median income needs to put down nearly $127,750, or 35.4%, a Zillow (Nasdaq: Z and ZG) analysis of the real estate market shows. Five years ago, when mortgage rates were “hovering just above… Read More

June 30, 2024 @ 11:22 am By Omar Faridi  |  

Bank of Ireland, the Ireland Strategic Investment Fund (ISIF), and Pearl Property Managers Limited (Pearl) have launched a new fund with an initial value of €55 million that will grow in the future, and support the delivery of more than 2,500 new homes over the… Read More

June 23, 2024 @ 11:57 pm By Omar Faridi  |  

Estateguru, which is currently facing significant operational challenges, has shared their latest loan portfolio overview for May 2024. In May, although Estateguru says it experienced “a temporary dip in repayments, recoveries, and funded amounts, there were several positive developments.” Estateguru reveals that they “secured a… Read More

June 18, 2024 @ 11:38 am By JD Alois  |  

Prime property investment platform CrowdProperty has hired a new Head of Business Development for London & the South East. The established online investment platform has operated for ten years in the UK market. CrowdProperty states that Simon Michael joined the company in early June as part… Read More

June 17, 2024 @ 8:27 pm By Omar Faridi  |  

The Saudi Central Bank SAMA released the Annual Performance Report of the Saudi Finance and Real Estate Refinance Companies Sector for the year 2023. The report highlighted the sector’s developments and financials “during 2023, where the paid-up share capital for finance companies sector increased by… Read More

June 17, 2024 @ 10:41 am By JD Alois  |  

Fundrise has received a $125 million loan from Franklin BSP Realty Trust (NYSE: FBRT), according to an email distributed by the platform. FBRT originates and manages a diversified portfolio of commercial real estate debt investments through a REIT structure. FBRT states that it has committed… Read More

June 12, 2024 @ 9:52 pm By Omar Faridi  |  

Stake, the digital platform for real estate investment, announced that they have raised $14 million in a Series A round reportedly led by MEVP (Middle East Venture Partners), along with Aramco’s Wa’ed Ventures, which is said to be one of Saudi Arabia’s largest VC’s, Mubadala… Read More

June 11, 2024 @ 4:30 pm By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace for co-ownership, released its inaugural Pacaso YIMBY Report. This comprehensive research report ranks the metropolitan areas and ZIP codes nationwide “that are embracing the ‘Yes, In My Backyard’ (YIMBY) movement, which aims to address the housing crisis by creating… Read More

June 11, 2024 @ 2:51 pm By Omar Faridi  |  

Built, a software platform designed to connect and simplify doing business in real estate, has announced new advanced capabilities for its Construction Loan Administration product and the launch of a new Asset & Portfolio Management product that empowers Lenders to thrive in the $20 trillion… Read More

June 10, 2024 @ 8:30 am By Omar Faridi  |  

UK’s prime property finance firm CapitalRise has reportedly appointed Stuart Peel to its board of directors. Peel, who has been with CapitalRise since July of 2020, will also retain his present role as finance director of the firm. Before joining CapitalRise, Peel had spent several… Read More

June 8, 2024 @ 9:35 pm By Omar Faridi  |  

Mihkel Stamm, CEO of Estateguru, says that the firm will reach profitability by the end of the year. Estateguru, a real estate-backed crowdfunding platform, announced several decisions this week that should “enable the company, which has struggled with losses in recent years, to end this… Read More

June 8, 2024 @ 9:55 am By Omar Faridi  |  

For a long time, the German property industry experienced a boom, but with increasing regulation and rising cost and efficiency pressure, “the pressure on companies to innovate is increasing,” according to report from KPMG. The majority of companies have recognized the need “for more innovation,… Read More

June 6, 2024 @ 4:08 pm By JD Alois  |  

Quarter, a platform that fractionalizes homes and provides a mortgage alternative, has listed the Quarter Launch Fund on tZERO, a broker-dealer that provides online capital formation. According to a note from tZERo, the Quarter Launch Fund aims to raise up to $147.25 million in a… Read More

June 5, 2024 @ 8:40 am By Omar Faridi  |  

TWINO Properties’ financial statement for 2023 has been released and they’re sharing key insights behind the Rentals product that was launched in August last year. Here’s a summary of key metrics for 2023, shared by TWINO: Total funding raised: € 655,444 Properties acquired: 3 apartments… Read More

June 4, 2024 @ 9:45 pm By JD Alois  |  

Open-ended real estate mutual funds in Germany have experiend net outflows of funds for the ninth time in a row in April, according to Barkow Consulting. The outflow amounted to €481 million, the highest figure in over six years (August 2017). Total outflows now amount… Read More

June 2, 2024 @ 5:51 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre of the UAE’s capital, has released a Consultation Paper in order to seek views on its proposals on the comprehensive revamp of its real property regulatory framework. This regulatory revamp addresses market needs and “ensures we… Read More

May 31, 2024 @ 9:23 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, and real estate funding specialist, ASK Partners have provided a £19.5m co-loan to independent hotel management business, Capilon Hotels Group. Capilon specializes in property investment, development and management of various sectors and asset classes, with “a particular… Read More

May 26, 2024 @ 4:16 pm By Omar Faridi  |  

Zillow (NASDAQ: Z and ZG) is releasing its open-source Fair Housing Classifier, which establishes guardrails to promote responsible and unbiased behavior in real estate conversations powered by large language model (LLM) technology. The Fair Housing Classifier acts as “a protective measure, to encourage more equitable… Read More