Real Estate

April 16, 2023 @ 4:47 pm By Omar Faridi  |  

Built Technologies, which claims to be one of the fastest-growing construction and real estate software providers in the U.S., has announced a strategic investment from Citi through its SPRINT program. Citi SPRINT (Spread Products Investment Technologies), the strategic investing arm of Citi’s Global Spread Products… Read More

April 12, 2023 @ 8:08 am By Omar Faridi  |  

Built Technologies, which claims to be one of the fastest-growing construction and real estate fintech software providers in the U.S., announced the launch of a new business unit focused on commercial property developers. This expansion will “enable the development of new, purpose-built solutions designed to… Read More

April 10, 2023 @ 12:12 pm By JD Alois  |  

CI has once again reviewed the roster of FINRA-regulated funding portals to gauge the growth or decline of these platforms that provide online capital formation. Funding Portals were created under the JOBS Act of 2012 and typically list securities under Regulation Crowdfunding (Reg CF). This… Read More

April 7, 2023 @ 1:16 pm By Omar Faridi  |  

CrowdProperty, an online property lending platform, has raised 103% (£414,271) of its £400,009 target via Seedrs (at the time of writing) from 403 investors with 5 days left in the firm’s crowdfunding campaign. CrowdProperty has utilized the services of Seedrs multiple times in the past…. Read More

April 4, 2023 @ 8:08 am By Omar Faridi  |  

Acre, the “one-click” mortgage intermediaries platform, has announced it has secured £6.5 million investment to grow its tech platform and enhance the process of buying a home. The McPike Global Family Office (MGFO), “joins returning investors Aviva and Founders Factory, to provide new funds to… Read More

April 3, 2023 @ 1:33 am By Omar Faridi  |  

The Commonwealth of Massachusetts recently became the 43rd state to pass legislation authorizing remote online notarization (RON). Signed into law by Governor Maura Healey and effective on January 1, 2024, the legislation expands access “to online notarization — and the Notarize platform — to all… Read More

April 2, 2023 @ 7:17 pm By Omar Faridi  |  

Pacaso announced the launch of an opportunity for accredited U.S. investors to invest in a technology-enabled real estate marketplace “that helps people buy and co-own a luxury second home.” The new investment opportunity with Pacaso is “a two year, 10% annualized promissory note backed by… Read More

April 1, 2023 @ 3:17 am By Omar Faridi  |  

Rocket Companies, Inc. (NYSE: RKT), a Detroit-based fintech platform company consisting of tech-driven financial businesses – including Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money – unveiled the Rocket Visa Signature Card, the first credit card created “to make homebuying easier and more accessible… Read More

March 31, 2023 @ 10:25 am By JD Alois  |  

LendInvest has launched a new Mortgage Tech Meetup event series to discuss the future of mortgage technology.  The inaugural session will focus on key trends in Mortgage Technology in 2023 and the Future of Lending. The discussion is expected to be centered on the state… Read More

March 29, 2023 @ 2:00 am By JD Alois  |  

CrowdProperty, a real estate investment platform, reports that it has topped 3000 homes financed. According to the funding platform, it has provided financing for 3010 houses worth £680,000,000, originating over £375,000,000 of financing facilities and lending more than £299,000,000 to date. CrowdProperty is authorized and… Read More

March 28, 2023 @ 8:36 am By Omar Faridi  |  

Estateguru, the Pan-European property investment platform, and the Czech investment bank J&T Banka have made an agreement “to fund real estate-backed loans in the Baltics.” J&T Banka initially “invested €2.5M in Finnish and German loans as part of its continued commitment to funding Estateguru loan… Read More

March 27, 2023 @ 10:45 pm By Omar Faridi  |  

Ohmyhome Limited (Nasdaq: OMH), a data-driven property technology company based in Singapore, recently announced “the closing of its initial public offering of 3,775,000 ordinary shares at a price of $4.00 per share.” The offering “consisted of 2,800,000 ordinary shares issued and sold by Ohmyhome and… Read More

March 26, 2023 @ 8:45 pm By Omar Faridi  |  

Juniper Square, the provider of partnership enablement for the private funds industry, released a report tracking shifts in commercial real estate (CRE) investments “by property type over the past decade, as well as trends in transaction volumes, acquisitions, fundraising and more.” The 2022 CRE Market… Read More

March 24, 2023 @ 10:17 am By Omar Faridi  |  

High interest rates, persistent inflation, and the denominator effect hit private real estate hard in 2022. This, as private real estate funds “raised $128.6 billion across 267 vehicles, down 28.4% from the $179.6 billion raised by 549 funds in 2021,” according to an update by… Read More

March 22, 2023 @ 11:03 pm By JD Alois  |  

Roofstock says it has sold another tokenized home. The property is located in Georgia and leveraged RealT – a real estate tokenization service = to assist in the transaction. The settlement was via an NFT sold on OpenSea “enabled by”Roofstock onChain – part of Roofstock…. Read More

March 21, 2023 @ 8:50 am By Omar Faridi  |  

Bluestone Group, the European financial services business headquartered in the UK, announced that it has agreed terms for the sale of its UK mortgage lending and portfolio servicing operations, Bluestone Mortgages Limited (BML) to Shawbrook Group plc. Under the terms of the transaction, Bluestone’s holding… Read More

March 15, 2023 @ 12:53 pm By JD Alois  |  

CrowdProperty has returned to Seedrs to raise another funding round. CrowdProperty is a profitable Proptech that matches investors to borrowers. According to the offering page, CrowdProperty is seeking a minimum raise of £400,009 at a pre-money valuation of £41.9 million. This represents an equity interest… Read More

March 13, 2023 @ 11:37 pm By Omar Faridi  |  

As Chief Executive of property finance platform, CapitalRise, Uma Rajah says she’s  responsible for all aspects of the business: from creating their strategy, “to execution of that strategy, and all aspects of running the company – including recruitment.” Uma Rajah notes that she approaches all… Read More

March 12, 2023 @ 3:16 pm By Omar Faridi  |  

Pacaso, the real estate platform that helps people buy and co-own a luxury second home, shares a significant moment for co-ownership with the passage of Utah SB 271. The passage of the bill, sponsored by Sen. Michael McKell and Rep. Val Peterson, means the benefits… Read More

March 10, 2023 @ 9:32 am By JD Alois  |  

Roofstock, a successful real estate Fintech that enables the investment and management of properties, says it has topped $100 billion in assets tracked. At the same time, Roofstock revealed a new service dubbed “Stressa Pro,” a digital application providing tools for real estate investors. Roofstock… Read More