Real Estate

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

August 29, 2018 @ 11:16 pm By JD Alois  |  

Yielders, a property investment platform based in the UK that is also the first FCA regulated Islamic Fintech, has closed on a pre-series A funding round. Exact terms of the deal were not revealed. The capital infusion comes at the same time that Yielders is… Read More

August 29, 2018 @ 8:57 am By Samantha Hurst  |  

Mortgage marketplace lender LendingHome announced on Tuesday it surpassed $3 million in loan originations. The milestone news comes just little over eight months after the online lender surpassed $2 billion in loan originations. Founded in 2013 and began lending in mid-2014, LendingHome states it has the online… Read More

August 28, 2018 @ 7:43 am By Erin Hobey  |  

UK Investment platform Downing Crowd has launched its second property development bond offer, as part of a 12-month programme to raise £50 million through a range of similar property bonds. This latest bond offer, DDF Property Bond Series Two, offers a choice of two fixed… Read More

August 23, 2018 @ 8:25 am By Samantha Hurst  |  

UK-based peer-to-peer lender Proplend recently announced the launch of its new Tranche A auto-lend facility, which allows Lenders that are participating on the property lending platform to now have an automated investing option that allocates their available cash to eligible loan parts. The facility also… Read More

August 23, 2018 @ 7:39 am By Erin Hobey  |  

Shojin Property Partners secured funding targets of a combined £1.63M for two of its latest crowdfunded projects in Southend-On-Sea and Hampshire, reportedly attracted 38 investors. Southend-On-Sea was an equity raise (variable profit share) while Hampshire was a debt raise with a fixed return. “Many investors… Read More

August 21, 2018 @ 8:59 am By Samantha Hurst  |  

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, announced on Tuesday it has added ShopOne as its newest commercial real estate client. ShopOne notably owns and manages shopping centers across the country. The company noted it has more than 50 retail… Read More

August 20, 2018 @ 5:04 pm By JD Alois  |  

Small Change, a Reg D and Reg CF real estate crowdfunding platform, reported some positive news today. In one of their earliest offerings, Small Change has experienced a good exit as investors in the “Buvinger Building,” that crowdfunded in 2016, have experienced a higher rate… Read More

August 15, 2018 @ 9:55 am By JD Alois  |  

Fundrise, an online real estate investment platform, has filed an updated Form 1-A with the Securities and Exchange Commission that provides insight into their ongoing share offering. Fundrise commenced a securities offering for “Rise Companies Corp.” back at the beginning of 2017. When first revealed,… Read More

August 15, 2018 @ 8:05 am By JD Alois  |  

The UK government has announced the names of three Fintechs that have won their “Rent Recognition Challenge.” The competition was simple: find a way to incorporate rent within credit scores to make it easier for renters to gain a mortgage. The three firms are: Bud:… Read More