Real Estate

December 21, 2020 @ 9:36 am By Samantha Hurst  |  

  UK banking group NatWest announced on Monday it has entered into an agreement with Metro Bank to acquire a £3 billion portfolio of prime UK mortgages. According to NatWest, the portfolio consists of owner-occupied residential mortgages with a weighted average current loan to value of… Read More

December 18, 2020 @ 12:00 pm By JD Alois  |  

Liberty Equity Management LLC has chosen Stonegate Global Fund Services in partnership with Securitize to provide tokenization services for the World’s First Net Lease Security Token FundTM. Michael Flight, CEO of Liberty Real Estate Fund, said they had vetted numerous fund administration and digitization service… Read More

December 17, 2020 @ 9:44 am By Samantha Hurst  |  

  HomeAdvisor, a digital home services marketplace operating business of ANGI Homeservices (NASDAQ: ANGI) announced on Thursday it has formed a partnership with Affirm, a flexible and transparent alternative to credit cards, to offer easy to understand flexible payment options for HomeAdvisor customers. HomeAdvisor is claimed to… Read More

December 15, 2020 @ 10:56 pm By Omar Faridi  |  

Fraxtor Private Limited, a company that operates an online real estate co-investment platform, has reportedly acquired over S$9 million (appr. $6.74 million) on its platform from its community of Accredited Investors (AIs), despite the challenges created by the COVID-19 pandemic. According to a release, the… Read More

December 15, 2020 @ 8:20 am By Omar Faridi  |  

The Security Token Group (STG), a team of professionals focused on re-inventing capital markets with blockchain-enabled security tokens, have published their very first Security Token Market Real Estate Report. The security token market, as tracked on stomarket.com, hosts live-trading data from 26 different security token… Read More

December 10, 2020 @ 11:10 pm By Samantha Hurst  |  

  Xspaced, a U.S.-fintech startup that specializes in rental payments, announced on Thursday the launch of its new feature, FlexRent. According to Xspaced, FlexRent allows tenants to split their rent payments into smaller payments over the month to align their monthly rent with their income… Read More

December 10, 2020 @ 9:03 pm By JD Alois  |  

Landbay, an online finance platform for buy to let mortgages, has recently launched another securities offering on Seedrs in a follow on round. Last year, Landbay raised £2.2 million from 214 investors at a valuation of £40 million. Currently, Landbay has raised £5.48 million backed… Read More

December 10, 2020 @ 10:14 am By Samantha Hurst  |  

Mortgage marketplace lender LendingHome announced on Thursday it has appointed Michel Bourque as its new CEO and has secured $75 million through its Series E investment round, which was led by Benefit Street Partners. According to LendingHome,  Bourque will assume day-to-day leadership of the company and… Read More

December 8, 2020 @ 7:02 pm By JD Alois  |  

PropTech Investment Corporation II (NASDAQ:PTICU) has completed an initial public offering (IPO) of 23,000,000 units at $10.00 per unit, including 3,000,000 units issued for an over-allotment option. The IPO booked gross proceeds of $230,000,000. Each unit consists of one share of the company’s Class A… Read More

December 7, 2020 @ 8:16 pm By JD Alois  |  

  Republic is quickly morphing into an investment crowdfunding platform for every type of vertical. Launched as an early-stage investment platform, Republic now operates verticals for gaming, digital assets, real estate, and more. Today, Republic Real Estate is listing its first Reg A+ offering in… Read More

December 6, 2020 @ 10:30 pm By Samantha Hurst  |  

  Just a little over a year after raising £690,453 through its previous Seedrs campaign, UK property crowdfunding platform Assetz Exchange has returned to the investment platform and has already surpassed its initial £250,000 funding target. As previously reported, Assetz Exchange describes itself to be… Read More

December 4, 2020 @ 7:29 am By Omar Faridi  |  

John Goodall, CEO at Landbay, a UK-based digital buy-to-let finance platform, has noted that the property market may have benefited from the stamp duty holiday. Goodall, an Imperial College London and Durham University graduate, says that he won’t be too surprised if the tax break… Read More

November 30, 2020 @ 9:31 pm By Omar Faridi  |  

Proptee, a new property investment platform, is planning to launch operations in the UK in January 2021. The platform will aim to connect potential investors with buy-to-let landlords. Proptee will let landlords list various properties on its platform. Investors will be able to acquire shares… Read More

November 30, 2020 @ 11:36 am By JD Alois  |  

Investment crowdfunding platform Engel & Völkers says that following its first project in Spain, the investment platform will expand its partnership with the logistics park in the Villaverde district of Madrid. In September, Engel & Völkers reports that in just 30 hours it raised €2… Read More

November 28, 2020 @ 1:54 pm By Omar Faridi  |  

OwnHome, the recent winner of Xccelerate2020, the startup competition that’s managed by the Commonwealth Bank of Australia’s Fintech incubation division X15ventures, has reportedly received $150,000 in capital after grabbing the number one spot in the contest. Over 80 different startups had applied to take part… Read More

November 27, 2020 @ 1:39 pm By JD Alois  |  

LendInvest, a property finance platform, has been recognized as the BTL [Buy to Let] Lender of the Year at the 2020 National Association of Commercial Finance Brokers (NACFB) awards for the second year in a row. The NACFB is the UK’s trade body for commercial… Read More

November 25, 2020 @ 7:19 am By Omar Faridi  |  

Mike Bristow, CEO at CrowdProperty, a property investment platform, says that there’s likely to be a significant increase in overall activity in the UK’s property market. Bristow believes that the surge in transactions should come toward the end of the stamp duty holiday. Bristow’s comments… Read More

November 23, 2020 @ 1:23 pm By JD Alois  |  

Proptech LendInvest has announced rate reductions for buy to let (BTL) loans and a new five year fixed product. LendInvest states that it has reduced rates across its two year fixed rate products. It’s 70% LTV two year fixed rate will now be available at… Read More

November 20, 2020 @ 3:24 pm By Samantha Hurst  |  

Wemlo, a U.S.-based fintech that’s focused on mortgage loan processing, announced on Friday the launch of its new AI technology called Athena. According to Wemlo, Athena is a virtual assistant AI developed to empower and improve loan processing by identifying discrepancies within a mortgage loan… Read More

November 20, 2020 @ 9:14 am By JD Alois  |  

Property finance platform LendInvest has distributed a note sharing that its marketplace funded the purchase of an HMO (house of multiple occupancy) property in four days for an experienced landlord in West London. The property was a tenanted ten-bedroom house in West London. LendInvest say… Read More