Real Estate

October 5, 2018 @ 12:00 pm By Eliot Bencuya  |  

A house in the suburbs, career tenure and pension with the same employer, and a portfolio of stocks and bonds for retirement. Every baby boomer’s vision of the American dream. Until it wasn’t. The nest eggs of today’s retirees have been rocked by a seemingly… Read More

October 4, 2018 @ 10:36 pm By Samantha Hurst  |  

Blockchain-based real estate marketplace QuantmRE announced on Thursday it has teamed up with global financial services technology Securrency to create the infrastructure to support its real estate trading platform and launch globally compliant stablecoin and cryptocurrency ecosystem EQRE. Founded in 2017, QuantmRE is seeking to become the… Read More

October 4, 2018 @ 3:00 pm By Samantha Hurst  |  

Peer to peer property lender CrowdProperty announced on  Thursday it has funded its 50th project. The latest milestone comes just a little over a month after CrowdProperty surpassed £20 million in funding for property projects. The 50th project raised £867,000 for a 24-bedroom House of Multiple Occupation… Read More

October 3, 2018 @ 8:56 am By Samantha Hurst  |  

On Tuesday, online lending platform SoFi announced it has formed a new partnership with home improvement platform Kukun to offer advanced new tools to help homeowners gain a greater understanding of how much their home improvement project could cost and how it can affect the resale value of… Read More

October 3, 2018 @ 8:01 am By JD Alois  |  

LendInvest, an online lending platform for property finance, has announced the addition of Chief Financial Officer, Angelie Panteli, to the board of directors. According to LendInvest, Panteli joined the company in January 2018 and is responsible for all financial aspects of the business including financial… Read More

September 27, 2018 @ 1:33 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed a complaint against real estate crowdfunding platform iFunding, along with co-founders William Skelley and Sohin Shaw. The complaint alleges that Skelley and Shaw pursued a “fraudulent scheme to misappropriate investor funds.” CI Senior Contributor and securities attorney… Read More

September 26, 2018 @ 6:00 am By Nick Bhargava  |  

In March of this year, the House of Representatives passed H.R. 4263, better known as the Regulation A+ Improvement Act. The bill passed with bipartisan support, being co-sponsored by two Democrats: Representatives Sinema and Gottheimer, alongside two Republicans: Representatives Stivers and Hollingsworth. Signing this bill… Read More

September 20, 2018 @ 10:58 am By JD Alois  |  

AlphaFlow, an online investment platform for real estate assets, has announced the hiring of two new Fintech executives and the opening of a New York City office. AlphaFlow connects institutional and accredited investors with high yield real estate bridge loans by partnering with local hard money… Read More

September 20, 2018 @ 9:00 am By Erin Hobey  |  

Groundfloor, a direct real estate investment platform, has reaped in an additional $4.2 million in its recent IPO. The total reportedly secured for the 2017-18 campaign to $6.2 million (1) from 2,304 investors and the company’s total fundraising to $13.8M. “The offering was very well-received… Read More

September 18, 2018 @ 11:34 am By JD Alois  |  

The UK Peer to Peer Finance Association (P2PFA), the self regulatory group for the peer to peer lending industry, has added a new member: CrowdProperty. The P2PFA represents the most prestigious online lenders in the UK as well as the majority of online lending volume…. Read More

September 17, 2018 @ 7:30 am By JD Alois  |  

LendInvest, a leading online property finance platform, has closed on a $39.5 million Series C funding round that is comprised of both debt and equity. The funding has been in process throughout the summer and is viewed as positioning the UK based company for an… Read More

September 10, 2018 @ 10:16 pm By JD Alois  |  

In early August, CI reported that Templum – a registered ATS targeting digital assets, was working with Aspen Digital to tokenize a security based off of common stock in the St. Regis Aspen Resort. Using the Reg D (506c) exemption, the tokenized security has been… Read More

September 10, 2018 @ 10:37 am By JD Alois  |  

Real estate investment platform PeerStreet has announced the addition of a new investment option: “Cash Offer Loans.” According to PeerStreet, these Cash Offer Loans are an investment option that allows investors access to a security with a shorter duration than current bridge loans. Investors may now… Read More

September 10, 2018 @ 8:46 am By Samantha Hurst  |  

Augmentum Fintech plc (LSE: AUGM) announced on Monday it invested £2.5 million in Unmortgage as part of the UK-based startup’s £10 million seed funding round. Founded in 2016, Unmortgage describes itself as a company that offers a completely new way for people to get on “the… Read More

September 9, 2018 @ 8:30 pm By JD Alois  |  

Real estate crowdfunding platform zinsbaustein.de has received additional backing from the Sontowski & Partner Group. Zinsbaustein founding group FinLeap has sold its stake in the firm and is now focusing on building the recently introduced “B2B2X Fintech” platform. Investor Marc Stilke will also expand his involvement… Read More

September 9, 2018 @ 5:34 pm By JD Alois  |  

Finitive, a Fintech that connects institutional investors with alternative lending investments, has closed a $50 million senior secured warehouse credit facility for Bungalow. Finitive called the transaction a “first of its kind in the co-living sector.” Bungalow is a real estate platform matching homes and… Read More

September 6, 2018 @ 3:00 pm By Samantha Hurst  |  

Finitive LLC, a fintech platform that provides institutional investors with direct access to alternative lending investments, announced on Thursday the closing of a $50 million senior secured warehouse credit facility for new residential real estate platform Bungalow. The fintech claimed that the transaction was the first… Read More

September 5, 2018 @ 3:03 pm By Samantha Hurst  |  

Peer to peer property lender CrowdProperty announced on Wednesday it not only funded the 47th project, it also surpassed £20 million in funding for the property projects on its platform. The online lender revealed has a 100% track record in repaying lenders’ capital and interest. Across 23 projects,… Read More

September 4, 2018 @ 8:36 am By JD Alois  |  

LendInvest, a leading online property finance platform, reports it has secured £150 million of “initial funding” in a new joint venture with Nomura, a global investment bank,  and Magnetar, an alternative investment manager. This new capital infusion now places LendInvest’s total capital for lending at… Read More

August 30, 2018 @ 7:25 am By JD Alois  |  

UK based property crowdfunding platform Property Partner is now offering a new investment vehicle. According to a note from the company, the “online property stock exchange” is adding high yield loans to its offerings. These development finance loans are expected to deliver a net return… Read More