Real Estate

February 27, 2018 @ 9:18 am By JD Alois  |  

Propnology, a property crowdfunding platform that is based in the UK and has been in operation since 2015, is equity crowdfunding on Dubai-based Eureeca. One of the first FCA approved property investment  platforms, Propnology is seeking £300,000 for a 14% equity stake in the firm…. Read More

February 24, 2018 @ 8:07 am By JD Alois  |  

The New York Federal Reserve has published a staff report pertaining to “The Role of Technology in Mortgage Lending”. Authored by Andreas Fuster, Matthew Plosser, Philipp Schnabl, and James Vickery, the research asserts that Fintech is improving the mortgage lending market by making it more efficient… Read More

February 23, 2018 @ 11:21 am By Samantha Hurst  |  

Specialist property peer-to-peer lender, CrowdProperty announced on Friday it is launching its Innovative Finance ISA (IFISA). According to CrowdProperty, the tax-free product will be open initially to existing registered lenders who will be able to take advantage of this year’s ISA allowance of up to £20,000… Read More

February 22, 2018 @ 9:12 pm By Samantha Hurst  |  

Commercial real estate crowdfunding platform ArborCrowd announced its latest offering for investors to own an equity interest in a multifamily property with tremendous upside potential. Tower on Ryan Park (the Property) is a 141-unit, high-rise property located in downtown Mobile, AL. According to ArborCrowd, the total capitalization of the… Read More

February 22, 2018 @ 2:00 pm By Samantha Hurst  |  

Real estate crowdfunding platform CrowdStreet announced on Thursday U.S. commercial real estate company KBS has launched a new $1 billion “no load” and no upfront commission growth and income properties fund on its marketplace. According to CrowdStreet, the KBS Growth & Investment Fund was launched in beta last… Read More

February 22, 2018 @ 11:41 am By JD Alois  |  

StraightUp, a new real estate crowdfunding platform that puts a new spin on property investing, has launched to provide investors “unbeatable opportunity” to invest in New York City property developments. Incubated by HAP Ventures – a New York real estate development company, StraightUp is described… Read More

February 21, 2018 @ 7:00 am By Erin Hobey  |  

Groundfloor, said to be the first issuer qualified by the U.S. Securities & Exchange Commission to offer real estate based payment dependent notes that are available to non-accredited investors, has raised a total of $4.3 million from 671 participating investors in a combination of two… Read More

February 20, 2018 @ 9:10 am By Samantha Hurst  |  

On Tuesday, LendInvest announced the launch of its new buy-to-let (BTL) online calculator for intermediaries. According to LendInvest, the calculator is considered the latest in a series of ongoing improvements to the lender’s online calculators, aimed at making the loan application process as easy and straightforward… Read More

February 16, 2018 @ 3:44 pm By JD Alois  |  

Fundrise, a leading online real estate investment platform, has just sent out an email sharing their 2017 aggregate performance. In brief, this is what Fundrise reported; “In 2017, Fundrise investments earned an 11.44%* total return on investment, including over $16 million in dividends paid out… Read More

February 16, 2018 @ 11:48 am By Samantha Hurst  |  

Better Mortgage, a digital mortgage company working to improve access to home financing through transparency, honest guidance, and zero loan officer commissions, announced on Friday it has funded more than $1 billion dollars in mortgage loans to date. The platform, which launched in January 2016, claims… Read More

February 15, 2018 @ 7:35 am By Samantha Hurst  |  

Peer to peer lending platform Lendy has released its audited accounts for 2016, showing profits before tax rising to £3.3 million compared to £53,000 in 2015. The company reports that since launch in 2012, Lendy has originated over £376 million in secured loans generating £36… Read More

February 13, 2018 @ 9:00 am By JD Alois  |  

Sharestates, an online real estate investment platform, has been added to the Arizona Banking Department roster of lenders. With this state level approval, Sharestates says it will now offer their loan products to the real estate speculation and development community in a new statewide effort…. Read More

February 12, 2018 @ 1:00 pm By Samantha Hurst  |  

On Monday, LendInvest announced the launch of its new process for development finance borrowers to transition seamlessly between products. According to the online lender, the Product Transition process allows existing borrowers to transfer easily between specialized loans that are tailored to support them at each stage in… Read More

February 9, 2018 @ 1:00 pm By Samantha Hurst  |  

On Thursday, mortgage giant Quicken Loans announced it has formed a partnership with Airbnb to provide new home financing options by enabling the property rental company’s hosts to use rental income on a primary residence to refinance their mortgages. Jay Farner, Quicken Loans CEO, stated;… Read More

February 7, 2018 @ 9:22 am By Samantha Hurst  |  

On Wednesday, LendInvest announced it has completed a £16 million financing deal with development finance borrower, Yogo Group. According to the marketplace lender, the deal was completed in three weeks from initial introduction to site purchase. LendInvest reported that the development finance loan will fund the… Read More

January 30, 2018 @ 3:02 pm By Samantha Hurst  |  

DiversyFund, a real estate crowdfunding marketplace, announced on Tuesday it secured $1 million during its Series A funding round. According to DiversyFund, the closing of funding round represents a significant milestone for its platform. It plans to use the additional capital to further develop online… Read More

January 25, 2018 @ 2:00 pm By Samantha Hurst  |  

Real estate marketplace lender Money360 announced on Thursday Todd Ruppert, former CEO and president of T. Rowe Price Global Investment Services, has joined its Board of Advisors. This news comes just after the online lender surpassed $500 million in commercial real estate loans closed since inception, which… Read More

January 25, 2018 @ 1:00 pm By Samantha Hurst  |  

Online lending platform LendInvest announced on Thursday it has completed a £12.5 million finance deal with repeat development finance borrower KMRE Group to build 111 new homes in Kirkstall, which is described as a popular residential district of Leeds, Yorkshire. The online lender revealed that the whole… Read More

January 25, 2018 @ 8:50 am By Samantha Hurst  |  

Roostify, a California-based provider of automated mortgage transaction technology, announced on Thursday it has integrated with real estate marketplace lending platform LendingTree (NASDAQ: TREE). According to Roostify, the new integration makes it easier for consumers to locate and apply with the right lender. Roostify also reported… Read More

January 24, 2018 @ 10:25 am By JD Alois  |  

RealtyMogul, a leading real estate crowdfunding platform offering Reg D (accredited) and Reg A+ (both accreds and non-accreds) investment opportunities in commercial and residential property, has hired a new President to help lead the firm. Aaron Halfacre, a 20 year real estate executive, has joined… Read More