Real Estate

March 3, 2020 @ 12:40 pm By JD Alois  |  

nu:move a “hybrid estate agent” has easily topped its £150,000 initial goal on Seedrs after receiving direct pre-registered investments of £500k. According to a social media post, nu:move hit the £150,000 goal seven days before a public launch. So what does nu:move do and where… Read More

March 3, 2020 @ 12:06 pm By JD Alois  |  

Security Tokens for Real Estate. Red Swan, a commercial real estate marketplace, has reportedly tokenized $2.2 billion USD in real estate through the security token platform Polymath, according to a company representative. The $2.2 billion is said to represent 16 different Class A commercial properties… Read More

March 3, 2020 @ 9:40 am By Samantha Hurst  |  

UK-based online mortgage broker, Trussle, announced on Tuesday it has appointed Ian Larkin as its new CEO. The appointment comes just two months after the sudden departure of Trussle’s founding CEO Ishaan Malhi.  According to Trussle, Larkin has held senior roles at Lloyds, Virgin Money, McKinsey… Read More

March 3, 2020 @ 8:45 am By JD Alois  |  

Online lender LendInvest is now offering a green friendly initiative where Bridge-to-Let borrowers are now eligible to benefit from a cashback when they improve the EPC rating (or Energy Efficiency Rating) of a property during the term of their loan. LendInvest states that borrowers may… Read More

March 2, 2020 @ 10:59 am By JD Alois  |  

Groundfloor, a real estate crowdfunding platform that leverages the Reg A+ exemption, has reported that during 2019 the investment platform topped $100 million in annual investment volume, as originations doubled, while registered users rose to over 75,000. Without providing exact numbers, Groundfloor said that GAAP… Read More

February 27, 2020 @ 2:10 pm By JD Alois  |  

Prodigy Network, once a high-flying real estate crowdfunding platform, is now struggling as it appears to be in dire need of cash. According to a report in the Deal, Prodigy Network has told investors it is in need of $40 million to keep a property… Read More

February 27, 2020 @ 11:27 am By Reece Mennie  |  

Recent analysis carried out by the National Housing Federation revealed an estimated 8.4 million people in England are living in unaffordable, insecure or unsuitable homes. The same data also shows that the housing crisis is affecting people from across all age groups and in every… Read More

February 26, 2020 @ 10:45 am By JD Alois  |  

The UK government has provided an update on its project to digitize home deeds. According to the government, the 7000th deed has been registered digitally in February. Many of the UK’s largest mortgage lenders are now using the service. HM Land Registry safeguards land and… Read More

February 24, 2020 @ 7:40 am By Samantha Hurst  |  

Brace, a U.S.-based digital mortgage-servicing platform, recently announced that it has raised an additional $10M in Series A funding led by Point72 Ventures. Founded in 2017, Brace states it provides technology solutions to “drive innovation” in the mortgage servicing industry. “Brace is developing a full… Read More

February 21, 2020 @ 11:51 am By JD Alois  |  

LendInvest, a property finance platform, has funded a £12 million loan for a development by a repeat LendInvest borrower. LendInvest reports that the loan was funded in under 8 weeks. The borrower first became a client of LendInvest in 2017 and has now completed a… Read More

February 20, 2020 @ 9:11 am By Samantha Hurst  |  

dv01, a platform that connects online lenders and investors with data management, announced on Thursday it has formed a new partnership with real estate brokerage HouseCanary. dv01 reported that through the partnership it will use the HouseCanary Home Price Index (HPI) to provide investors with… Read More

February 19, 2020 @ 5:29 pm By JD Alois  |  

CrowdStreet, a top real estate investment marketplace, has topped $1 billion in direct equity investment from individual (accredited) investors. The company provides access to real estate investments in commercial property. CrowdStreet CEO Tore C. Steen called crossing the one billion mark a significant milestone for… Read More

February 17, 2020 @ 9:29 am By Samantha Hurst  |  

PeerStreet, a leading platform for investing in real estate backed loans, announced on Monday it celebrated being named one of the top 25 fastest growing companies by Deloitte. The platform revealed the exciting news last fall the ranking is based on fiscal-year revenue growth over… Read More

February 9, 2020 @ 4:09 pm By Omar Faridi  |  

San Francisco-headquartered HouseCanary, a Fintech firm focused on providing a real estate analytics solution, has secured $65 million through a growth funding round led by Morpheus Ventures, Alpha Edison, and PSP Growth. Following HouseCanary’s latest investment round, the firm’s total funding (to date) stands at… Read More

February 4, 2020 @ 8:46 am By JD Alois  |  

Security Tokens and Real Estate. Recently the University of Oxford published a paper on digital assets and real estate. Entitled, “Tokenization: the Future of Real Estate Investment?“, the document believes there is potential in tokenizing the popular asset class but also sees certain challenges. For… Read More

February 4, 2020 @ 7:01 am By Omar Faridi  |  

UK-headquartered digital real estate investment platform BrickVest has reportedly been acquired by Patrizia, a Germany-based firm. Details regarding the terms of the deal and the amount paid for the purchase have not been shared publicly. Established in 2014, BrickVest allows customers to invest in pre-screened… Read More

February 3, 2020 @ 8:23 am By Omar Faridi  |  

UK-based OakNorth, a digital bank for small and medium-sized companies (SMEs) that offers business and property loans, has confirmed that OIMIO, a commercial real estate SME-focused lender, has established operations in the Netherlands. The lending firm will be launching a supplier’s credit analysis and monitoring… Read More

January 28, 2020 @ 1:16 pm By Samantha Hurst  |  

PeerStreet, a leading platform for investing in real estate backed loans, announced on Tuesday it has appointed Ellen Coleman as its new Chief Financial Officer. Coleman reportedly joined the PeerStreet team last year and was previously named  EVP of Finance. The platform noted that Coleman… Read More

January 28, 2020 @ 6:05 am By Therese Torris  |  

French Fintech Anaxago pioneered alternative finance by launching an equity crowdfunding platform in 2012. Profitable since year one, the company entered real estate investing in 2014. In 2018, it launched an asset management arm, Anaxago Capital. Not one to be standing still, the company’s co-founders, Joachim… Read More

January 25, 2020 @ 1:44 pm By JD Alois  |  

RealtyMogul, a real estate crowdfunding marketplace, has topped $500 million in property investments since platform launch, according to a release. RealtyMogul also states that it has returned over $136 million to investors since 2013. RealtyMogul notes that it raised its first $250 million in invested… Read More