Real Estate

March 7, 2022 @ 11:46 am By JD Alois  |  

Digital security marketplace tZERO ATS has started trading Myra Park, a property development in Dallas, Texas. Myra Park is being developed by MarketSpace Capital and is said to be the first security to commence trading on tZERO ATS following the launch of its self-clearing operations…. Read More

March 7, 2022 @ 8:25 am By Omar Faridi  |  

PeerBerry business partner – real estate developer SIB Group – has “successfully closed the real estate project “Bukčiai” in Vilnius, the capital of Lithuania.” The real estate loan of €2 million plus interest rate €199,746 (total amount €2,199,746) was “repaid to PeerBerry investors on March… Read More

March 6, 2022 @ 6:00 pm By Omar Faridi  |  

The Dubai International Financial Centre (DIFC), a global financial center situated in the MENA and South Asia region, has issued a consultation paper “proposing to amend the Real Property Law, DIFC Law No. 10 of 2018.” The Proposed amendments will aim to “facilitate the administration… Read More

March 3, 2022 @ 9:39 am By JD Alois  |  

NYCE has returned to Wefunder for its 3rd Reg CF securities offering. As was previously reported, NYCE – a firm that wants to create a Robinhood for real estate, pursued two securities offerings on both Wefunder and Republic in late 2020. Once again, NYCE is… Read More

March 1, 2022 @ 9:04 am By JD Alois  |  

Findingaplace, a UK Proptech startup, has closed its funding round on Seedrs raising £311,000 in equity capital at a pre-money valuation of £1.5 million. The target of the securities offering was £250,000 and easily topped as 352 individual investors backed the firm. Findingaplace is a… Read More

February 27, 2022 @ 7:20 pm By Omar Faridi  |  

Stephen Moss, Founder and MD at Sourced Capital, notes that it has been a while since they last discussed their business operations, the journey and what they have been working on “in the background.” Moss wrote in a blog post that in 2018, they became… Read More

February 24, 2022 @ 2:58 pm By Tony Zerucha  |  

Proptech startup Piñata, a rewards and credit building membership program for renters, announced today it has raised $13 million in Series A funding led by real estate- and proptech-focused venture firm Wilshire Lane Capital. “We’re thrilled to be partnering with Wilshire Lane Capital. This is a heavy-hitting team… Read More

February 21, 2022 @ 10:56 am By JD Alois  |  

Groundfloor, a real estate investment marketplace catering to both non-accredited and accredited investors, has announced $118 million in new capital. The cash is divided up between $100 million in debt capital provided by Medipower, $5.8 million in equity from Medipower, along with $7.2 million in… Read More

February 21, 2022 @ 10:33 am By Omar Faridi  |  

The team at UK’s LendInvest, a leading property finance platform, notes that January was a busy month for their bridging department. LendInvest, which recently topped £2 billion in AUM, also mentioned that their free valuation offer “drove enquiry and application growth as developers and investors… Read More

February 19, 2022 @ 2:03 pm By Omar Faridi  |  

Nous, which claims to be a pioneering service to help households “face the cost of living crisis,” has acquired $9 million via a seed funding round. Nous (to rhyme with ‘house’). a London-based Fintech, will use the proceeds to build out its service that helps… Read More

February 17, 2022 @ 8:46 am By Omar Faridi  |  

The year has kicked off on a strong note in the United Kingdom’s housing market and the price of an average home continued to reach all-time highs, according to an update published by Blend Network, a specialist development finance lender. The Nationwide House Price Index… Read More

February 16, 2022 @ 12:00 pm By JD Alois  |  

Web3 lending platform Bacon Protocol says that it will launch a governance token, $BACON to grant its community of homeowners and liquidity providers rights to participate in the future of mortgage lending on the blockchain. According to a company release, the Bacon Protocol introduces a… Read More

February 15, 2022 @ 3:15 pm By Tony Zerucha  |  

Assetz Capital plans to lend £1 billion to homebuilders in 2022 before ramping it up 50 per cent in 2023 to £1.5 billion, the company said this week. The announcement was made by parent company Assetz. The move is designed to stimulate demand amongst SME… Read More

February 14, 2022 @ 2:16 am By Omar Faridi  |  

Global Wealth Group, which aims to make global property investing available to anyone, anywhere, from any amount, safer & simple, has raised 101% (£759,030) of its £750,000 target at the time of writing from 229 investors with 24 days left in the firm’s crowdfunding campaign carried… Read More

February 14, 2022 @ 1:48 am By Omar Faridi  |  

PeerBerry business partner – real estate developer SIB Group – has successfully finalized the apartment building project “Skvero namai” in the center of Vilnius, the capital of Lithuania. The real estate loan of €1 million (the total amount with interest rate €1,068 803) was repaid… Read More

February 14, 2022 @ 12:14 am By Omar Faridi  |  

Peer-to-peer lending provides investors and borrowers various advantages over more traditional forms of finance. However, there’s a potential downside as well. EstateGuru has taken a detailed look at the pros and cons of this form of funding, and the ways in which their platform aims… Read More

February 13, 2022 @ 3:02 pm By Omar Faridi  |  

At specialist development finance lender, Blend Network, the team prides itself on being by their client’s side, assisting them with borrowing funds for their initiatives. Even at the heights of the COVID-19 crisis, the team reports that they continued lending and deploying capital into projects… Read More

February 13, 2022 @ 2:26 pm By Omar Faridi  |  

Dignity Gold, LLC, the US-based digital security that is taking an innovative approach to using verified gold reserves to back its security token, has appointed Marina De Alba to its Advisory Board. Dignity Gold, a blockchain development firm using security tokens and a regulation-focused approach… Read More

February 12, 2022 @ 9:54 am By Omar Faridi  |  

Northspyre, a financial tracking and project delivery automation platform for real estate developers, has reportedly acquired $25 million via a Series B round to further grow its business and expand its solution “to improve the development process within the multi-trillion dollar commercial real estate industry.”… Read More

February 10, 2022 @ 3:01 pm By Omar Faridi  |  

  Berenberg has introduced its first private debt real estate fund in collaboration with Universal Investment Luxembourg. Universal-Investment-Luxembourg S.A. is a wholly-owned subsidiary of Universal-Investment-Gesellschaft mbH, Frankfurt am Main. The firm explains that they are independent – because the parent company’s shareholder Montgu Private Equity… Read More