Real Estate

April 2, 2024 @ 3:53 pm By Omar Faridi  |  

Clear Capital, the national real estate valuation technology company, today announced an expanded partnership with Cherre, the real estate data management platform. Through Cherre’s API, customers now have “access to ClearAVM, Clear Capital’s automated valuation model (AVM), where they can map and set rules to… Read More

April 2, 2024 @ 10:19 am By Omar Faridi  |  

Built, a software platform designed to connect and simplify doing business in real estate, announced the appointment of technology industry veteran Pat Poels as Senior Vice President of Engineering, effective immediately. Poels joins the executive team and is responsible “for setting engineering priorities, driving innovation,… Read More

April 2, 2024 @ 7:35 am By JD Alois  |  

Three big banks – Lloyds Banking Group, Nationwide, and Natwest, along with Rightmove, have invested in the Proptech firm Coadjute. Lloyds Banking Group led the funding round, investing £3 million of the £10 million total raise. This round brings the company’s total raised to £23… Read More

April 2, 2024 @ 7:21 am By JD Alois  |  

CapitalRise, an online investment platform for prime real estate, has added to its lending and origination teams with the addition of Business Development Director Imogen Willams and the promotion of Ed Groves to Associate. CapitalRise, which recently benefited from institutional funding commitments, said the new hire… Read More

April 1, 2024 @ 6:45 pm By JD Alois  |  

  Arrived, an online investment platform enabling access to rental and vacation homes, is raising money on Wefunder. According to the offering page, Arrived raised over $37 million in a side-by-side offering. Smaller investors may participate in a Reg CF offering, and Accredited Investors may… Read More

March 31, 2024 @ 11:15 am By Omar Faridi  |  

Adena Hefets, the co-founder & CEO of Divvy Homes, a Proptech company on a mission to make homeownership accessible to everyone, notes that the firm is introducing DivvyUp, which will help clients prepare for homeownership with confidence. Since Divvy’s founding in 2017, they’ve been committed… Read More

March 27, 2024 @ 4:31 pm By Omar Faridi  |  

Pacaso, the tech-enabled co-ownership marketplace for buying, owning, and selling luxury vacation homes, opens up thousands of new listings nationwide resulting in “a 200-fold increase in homes, with co-ownership opportunities now starting as low as $200,000.” Simultaneously, the company introduces its first suite of a… Read More

March 27, 2024 @ 1:12 pm By Omar Faridi  |  

Alto, a platform that enables individuals to invest in alternative assets, has listed a new alternative offering in real estate with Big Plan Holdings, a Nashville-based diversified family wealth office. Alto Securities has listed “the Edgehill 405 Broadway Alto Capital SPV on Alto Marketplace.” This… Read More

March 27, 2024 @ 9:24 am By JD Alois  |  

CapitalRise, a marketplace that enables smaller investors to participate in prime UK property developments, is reporting a £4.9 million loan for a Chelsea property. The financing closed in just four weeks. The funding follows the announcement that CapitalRise has received the backing of an unnamed… Read More

March 24, 2024 @ 5:46 pm By Omar Faridi  |  

Built, a software platform designed to connect and simplify doing business in real estate, is launching an expansion of its platform to meet the specific needs of real estate owners and developers to improve the movement of money and decision making. Built’s new product for… Read More

March 21, 2024 @ 8:55 am By JD Alois  |  

EstateGuru, an online investment platform providing debt capital, has issued a comment on the “Project of the Year 2023.” The marketplace shares that 430 issuers raised money on the platform from projects in Estonia, Finland, Latvia, and Lithuania. Almost €100 million was funded in 2023… Read More

March 20, 2024 @ 10:51 am By JD Alois  |  

CapitalRise, an online investment platform focusing on Prime property in the UK, has boosted its funding ability by 50%, according to a statement issued by the firm. While not providing hard numbers, the institutional funding is from an unnamed UK investment manager and is an… Read More

March 18, 2024 @ 10:45 pm By Omar Faridi  |  

Metro Bank has enhanced its maximum loan sizes for residential properties. Metro Bank noted in a blog post that the changes mean that loans up to 90% LTV will have “a maximum loan amount of £1.25m, and loans up to 85% LTV will have a… Read More

March 18, 2024 @ 8:00 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – repaid investors a €600 000 loan (real estate project “Marijampolės 5”) and paid their investors €57 405 in interest. Today, Gofingo Group repaid PeerBerry investors €200 000 in war-affected loans. These repayments are being “processed on… Read More

March 13, 2024 @ 6:12 pm By Omar Faridi  |  

Spring home sellers looking to maximize their sale price may want to wait it out and list their home for sale in the first half of June, according to an update from real estate firm Zillow (Nasdaq: Z and ZG). A new Zillow analysis of… Read More

March 13, 2024 @ 3:41 pm By JD Alois  |  

Italy Crowd, a real estate investment platform, has decided to withdraw its application with CONSAB, the securities regulator in Italy, to issue securities under the new EU securities crowdfunding rules. At the same time, Italy Crowd has formed a partnership with Bridge Asset – another… Read More

March 12, 2024 @ 11:59 pm By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace that helps people buy, co-own, and sell a vacation home, unveils ‘Rosemary Shores’, signifying the company’s expansion into the vibrant seaside community of Rosemary Beach, Florida. The home also marks Pacaso‘s collaboration home “with a design partner, luxury interiors… Read More

March 12, 2024 @ 3:02 pm By JD Alois  |  

Fundrise, an online investment platform that specializes in real estate assets, has received a $770 million credit facility from JP Morgan. The financing was revealed earlier this month and is expected to be used for “35 purpose-built rental communities” or 4000 build-for-rent (BFR) units. These… Read More

March 12, 2024 @ 12:11 pm By Omar Faridi  |  

M&G Investments announces the first close of its latest vintage of Real Estate Debt Funds, which includes £350 million of capital from four clients. The capital will be deployed into real estate loans “across Europe originated by M&G’s market leading Real Estate Finance team.” The… Read More

March 11, 2024 @ 7:28 pm By JD Alois  |  

SmallChange, a FINRA-regulated funding portal, is reporting that it has added five partners to the platform as it aims to expand its offerings. SmallChange is a real estate crowdfunding platform that provides access to capital under Reg CF. The company says that the new partners… Read More