Real Estate

May 12, 2021 @ 8:16 am By JD Alois  |  

  LendInvest, a property finance Fintech, is working with Homes England to finance and build 500 apartments in Ashford, Kent. Kings Crescent Homes is the build and the project is expected to cost £90 million. Construction is expected to start immediately to bring into use… Read More

May 11, 2021 @ 11:07 pm By Omar Faridi  |  

Alternative Investment Exchange (AIX), the platform that aims to  make it easier to purchase, own, and sell alternative investments, has revealed that Inland Real Estate Investment Corporation chose the AIX platform as one of its electronic platform providers in order to onboard new funds and… Read More

May 9, 2021 @ 4:45 pm By JD Alois  |  

AlphaFlow, a real estate lending platform providing access to marketplace property loans, is seeking up to $3.93 million on Republic. According to the offering page, AlphaFlow investors may participate in a “Crowd SAFE” offering at a valuation cap of $55 million.  This means that if… Read More

May 5, 2021 @ 1:00 pm By Omar Faridi  |  

We recently connected with Kyle Sonlin, CEO at Security Token Market (STM), which is focused on supporting the nascent blockchain-based security tokens space. Sonlin explained how the global financial system is evolving rapidly and how security tokens can help streamline many traditional business processes. Sonlin… Read More

April 30, 2021 @ 3:45 pm By Omar Faridi  |  

Fundrise, a real estate investment platform using Reg A+ to provide access to “eREITs and eFunds,” notes that their annual letter to investors (released in January 2021) had revealed that they rang in 2021 with an updated version of their proprietary fund infrastructure, “enabling the… Read More

April 30, 2021 @ 11:07 am By Omar Faridi  |  

Proptech platform LendInvest notes that its founders began operations in response to a UK mortgage market that’s “fundamentally broken.” The LendInvest team points out that for many years, it’s been a market mostly dominated by banking institutions, and acquiring a mortgage can be one of… Read More

April 28, 2021 @ 8:01 am By Omar Faridi  |  

The Helvetia Venture Fund is reportedly making an investment in Germany’s Baufi24, a property finance firm, by acquiring its shares as part of a Series A round. btov, a VC company, has also taken part in the investment round along with Helvetia Venture Fund. The… Read More

April 27, 2021 @ 6:59 am By Omar Faridi  |  

UK-based Blend Network, an online P2P lender, reveals that the average UK house prices “grew by 5.7% year-on-year in March.” Blend Network added in its latest property market report that activity has slowed down from December 2020’s 6-year high growth of 7.3% year-on-year. But price… Read More

April 26, 2021 @ 4:02 pm By Samantha Hurst  |  

  Howsy, a UK-based rental marketplace platform, has successfully secured its initial £800,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round launched just a little over six months after Howsy’s raised £2,346,770 through its previous Seedrs campaign and has so far attracted… Read More

April 25, 2021 @ 9:45 pm By Samantha Hurst  |  

Janover Inc., a U.S.-based fintech that specializes in access to commercial real estate and small business financing, is now seeking funds through its RegCF campaign on StartEngine. The latest funding round comes less than a year after Janover raised $714,052 through its Republic campaign. Founded… Read More

April 23, 2021 @ 4:59 pm By Omar Faridi  |  

  The Security Token Group (STG), which focuses on the fast-evolving blockchain-based security tokens space, has released their March 2021 edition of the Security Token Market Real Estate report. As previously reported, Security Token Market (stomarket.com) hosts live-trading data from 33 different security tokens across… Read More

April 20, 2021 @ 11:00 am By JD Alois  |  

Modiv, formerly operating as Rich Uncles, is seeking to open up real estate investing for smaller investors with unlisted REITS. Recently, the company announced the filing of a registration statement for Modiv Acquisition Corp. or “MAC SPAC” – looking to gain entry into the hot… Read More

April 20, 2021 @ 10:27 am By Samantha Hurst  |  

U.S.-based fintech FirstClose announced on Tuesday it has acquired HomeScout, a real estate technology provider. According to FirstClose, HomeScout will bring together various services to the mortgage and title industries, including purchase and portfolio business solutions, lead generation, lead qualification, agent match, monitoring, and a… Read More

April 15, 2021 @ 11:56 pm By Omar Faridi  |  

UK’s prime property finance platform CapitalRise has advanced a £2.5 million loan to fund a new development based in southwest London, according to a recent blog post by CapitalRise. The company – which has revealed that it had lent over £100 million to luxury property… Read More

April 13, 2021 @ 1:40 pm By Samantha Hurst  |  

  U.S.-based money experience company MX announced on Tuesday it has partnered with digital asset verification platform FormFree to speed up loan approval processing and close more than one million loans. According to MX, FormFree improves lenders’ ability to make more informed decisions about borrowers… Read More

April 13, 2021 @ 9:51 am By JD Alois  |  

Marketplace lending platform Assetz Capital is looking to boost loan originations in 2021 with a new bridge loan product. According to the Fintech, the lending product will have a 0.65% interest rate for bridge loans from £150,000 to £5 million with LTVs to 75% and terms… Read More

April 13, 2021 @ 8:48 am By Samantha Hurst  |  

LenderClose, a U.S.-based proprietary, real estate and home equity-focused lending platform, announced on Tuesday it has appointed Stefanie Rupert to its Board of Directors. LenderClose reported that Rupert will serve on LenderClose’s board of directors alongside Jordan and Samantha Paxson, Chief Experience Officer at CO-OP Financial Services; Nick… Read More

April 8, 2021 @ 6:48 am By JD Alois  |  

Proptech platform LendInvest has announced the promotion of Jan Gallagher from Business Development Manager to Key Account Manager for LendInvest. According to LendInvest, Gallagher joined LendInvest as a Business Development Manager in 2019 with over 30 year’s experience to source deals across the North West… Read More

April 7, 2021 @ 5:04 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has obtained final judgment concluding the fraud case against real estate crowdfunding platform iFunding and defendant William C. Skelley. iFunding was an early entrant in the real estate crowdfunding market that issued securities under Reg D 506c, a new… Read More

April 7, 2021 @ 11:06 am By Samantha Hurst  |  

Obligo, a U.S.-based fintech startup that’s focused on the real estate market, announced on Wednesday has launched a lease renewal incentive program, which is designed for residential landlords to increase retention rates, minimize the cost of concessions and provide renters with immediate cash they can… Read More