Real Estate

April 5, 2017 @ 3:56 pm By Samantha Hurst  |  

Marketplace lender LendingHome announced on Wednesday its investor platform has successfully hit its $100 million invested milestone since its debut in January 2016. According to LendingHome, the investor platform gives accredited investors access to a marketplace with the same short-term, high-yield real estate assets that… Read More

April 4, 2017 @ 4:01 am By Erin Hobey  |  

CapitalRise, a UK property investment platform, has closed its latest fundraising deal in just under a week, raising £1.2m from everyday investors via the platform, including over £900k by close of business on the day of the public launch.  The majority of the investments were… Read More

April 3, 2017 @ 8:29 am By Samantha Hurst  |  

Nordic peer-to-peer lending platform for property loans, EstateGuru, announced on Monday it launched in the Lithuanian market and funded its first investment in the area last month. The online lender claimed that the launch makes it the only platform to facilitate property-backed businesses loans in… Read More

April 2, 2017 @ 12:26 pm By Jonathan Nieh  |  

Last Monday, Fintech company cloudvirga, developer of a cloud-based mortgage automation platform, announced it raised $15 Million is Series B funding. Cloudvirga’s trademarked intelligent Mortgage Platform (iMP) automates the entire mortgage workflow process between borrowers and lenders. Central to cloudvirga’s success is its ability to maintain strict… Read More

March 28, 2017 @ 4:48 pm By Samantha Hurst  |  

Real estate crowdfunding platform RealtyShares announced on Tuesday its network of accredited investors secured $3.5 million in equity capital for the $67.3 million acquisition and renovation of Avesta Biscayne in North Miami, Florida. The funding portal reported that this is the largest equity investment it has raised… Read More

March 28, 2017 @ 12:30 pm By Amy Wan  |  

So, you want to start a real estate crowdfunding (RECF) platform. This article is intended to serve as a basic guide to launching a real estate crowdfunding platform in the United States. Decide on what you want to do There are many different types of… Read More

March 28, 2017 @ 7:19 am By Samantha Hurst  |  

Peer-to-peer real estate lending marketplace, Relendex, announced on Tuesday it received full authorization from the from the Financial Conduct Authority (FCA). The online lender confirmed that this new milestone would allow it to launch its new Innovative Finance ISA giving retail investors unparalleled tax efficient lending… Read More

March 28, 2017 @ 5:35 am By Erin Hobey  |  

LendInvest, a leading UK online property finance lender, is launching the LendInvest Property Development Academy in four more key cities around the country following overwhelming demand for its London & Southeast courses. “There are no quick fixes to our national housing crisis, but by equipping… Read More

March 22, 2017 @ 3:44 pm By Samantha Hurst  |  

Real estate crowdfunding platform Small Change announced on Wednesday the launch of its first Los Angeles-based offering. According to the funding portal, the Rosewood project is located in the and walkable Larchmont neighborhood of the city. The project was launched by 4Corners Group.   Small Change describes Rosewood… Read More

March 20, 2017 @ 8:29 am By JD Alois  |  

LendInvest, an alternative property lender, has partnered with Merseyside Pension Fund to finance a loan secured against a development site in Canary Wharf. The £12 million deal was originated by LendInvest and syndicated with Merseyside Pension fund. The syndication was a first for the online… Read More

March 16, 2017 @ 1:58 pm By Samantha Hurst  |  

Commercial real estate marketplace lending platform Money360, announced on Thursday it has officially doubled its portfolio and surpassed the $200 million mark this month. The lender reported it took more than a year and a half for its platform to hit the $100 million and less… Read More

March 16, 2017 @ 9:54 am By Erin Hobey  |  

Honored for her “outstanding leadership, integrity, performance, and team-building support within RealtyMogul, as well as her contributions to the advancement of the industry”, RealtyMogul.com CEO Jilliene Helman was named Fintech Woman of the Year at the first annual LendIt Industry Awards. The awards, which showcased leaders… Read More

March 13, 2017 @ 2:15 pm By Samantha Hurst  |  

CapitalRise, a London-based property investment platform, announced on Monday it is launching an Innovative Finance ISA (IFISA) wrapper for residential property. According to the platform, the new IFISA allows savers to invest a minimum of £1,000 and up to £15,240 in the current tax year (rising to £20,000 in the… Read More

March 8, 2017 @ 8:29 am By JD Alois  |  

RealtyShares, a real estate crowdfunding platform, has published data on real estate projects located in the midwest that have been financed via their online marketplace. To date, developers, sponsors and borrowers in Ohio, Wisconsin, Michigan, Indiana and Illinois have raised $32.9 million from investors on… Read More

March 7, 2017 @ 2:33 pm By Samantha Hurst  |  

New York-based fintech startup StackSource launched its real estate loan marketplace product during the 2017 LendIt conference, as part of the PitchIt @ LendIt competition. The company revealed: “StackSource’s new marketplace product lets commercial real estate owners and developers easily connect with bank and non-bank lenders…. Read More

March 7, 2017 @ 11:41 am By Samantha Hurst  |  

Commerical real estate marketplace lending platform, Money360, announced on Monday it has provided a $3.25 million bridge loan to the owner of the Regency Business Center, a four-building office property in Jacksonville, Florida. According to Money360, the loan was secured by a first-lien deed of trust and… Read More

March 7, 2017 @ 6:46 am By Erin Hobey  |  

P2P lender RateSetter announced a partnership with national mortgage aggregator Connective which aims to give accredited brokers access to their personal loan products. “We believe natural synergies exist between Connective and RateSetter given both companies were founded as industry disruptors which challenge the status quo… Read More

March 6, 2017 @ 1:48 pm By Samantha Hurst  |  

Real estate crowdfunding platform, PeerStreet, announced on Monday it has integrated with Betterment, an independent online investment advisor through Quovo. The portal stated that customers of both it and Betterment may now view their PeerStreet positions within the context of their investment portfolio on the… Read More

March 6, 2017 @ 6:59 am By JD Alois  |  

Patch of Land Prepares to Add Lending Products for $6 trillion Single-Family Rental Market. Patch of Land, an online real estate marketplace lender and crowdfunding platform, has announced the hiring of Matthew Zall as Chief Investment Product Officer. The new executive was added to the… Read More

March 5, 2017 @ 10:45 am By JD Alois  |  

Money360 is experiencing rapid growth in the marketplace lending sector for real estate. Recently Money360 announced it had surpassed $200 million in commercial real estate loans after exceeding $100 million last August. Money360 expects to top $500 million in real estate financing by the end… Read More