Tagged: money360

December 3, 2018 @ 2:43 pm By Samantha Hurst  |  

Real estate marketplace lender Money360 announced on Monday it has surpassed $1 billion in loans originated and closed since inception. The announcement comes just 11 months after the lending platform revealed it had hit $500 million. Launched in 2014, Money360 is described as a vertically-integrated, nationwide… 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 3, 2018 @ 11:12 am By Samantha Hurst  |  

Real estate marketplace lender Money360 announced on Wednesday it has surpassed $500 million in commercial real estate loans closed since inception, which includes $357 million in loans closed for 2017. According to Money360, the milestone comes on the heels of other recent successes, including the initiation of… Read More

October 10, 2017 @ 10:10 am By Samantha Hurst  |  

Real estate marketplace lender Money360 announced on Monday it completed more than $100 million in loans during the third quarter of 2017. The platform revealed that the amount brings its total loan closings to over $450 million, with a target of $600 million in transactions… Read More

September 1, 2017 @ 10:54 am By Samantha Hurst  |  

Earlier this week, online real estate transaction marketplace Ten-X Commercial announced it has formed a partnership with real estate crowdfunding platform Money360. The company revealed this new partnership will expand the investor pool for commercial properties listed on its platform by giving prospective buyers assurance they will… Read More

August 1, 2017 @ 2:06 pm By Samantha Hurst  |  

Marketplace lender Money360 announced on Monday it  closed $143 million in loans in the second quarter, marking the lender’s best quarter to date. The online lender reported it has now closed more than $350 million in total loans, is on pace to close more than… Read More

June 19, 2017 @ 1:53 pm By Samantha Hurst  |  

Commercial real estate marketplace lending platform, Money360, announced on Monday it has added eight new hires to support its rapid expansion. According to the online lender, the hires included five seasoned commercial real estate executives and three industry specialists. Speaking about the hires, Money360 founder… Read More

April 19, 2017 @ 10:37 am By Samantha Hurst  |  

On Tuesday, Pi Capital announced it was named financial advisor and placement agent to Money360 for its $250 million South Korean financing vehicle, which designed to allow the online lender to employ funding as it provides commercial real estate loans to its U.S. client base. Steve Carlson,… 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 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 1, 2017 @ 8:45 am By JD Alois  |  

Ron Suber, Prosper Marketplace President and prominent Fintech investor, has taken a stake in Money360 – a fast growing real estate investment marketplace.  Suber will also play an active role as a Strategic Advisor to Money360 to help boost platform growth. Money360 has grown exponentially…. Read More

February 13, 2017 @ 2:46 pm By Samantha Hurst  |  

Money360 announced on Monday its commercial real estate fund affiliate, M360 Advisors, successfully registered with the South Korea Financial Supervisory Service (FSS). According to the marketplace lending platform, the FSS registration allows South Korean hedge funds, corporations, pension funds, insurance companies, and other institutional investors to participate… Read More

February 1, 2017 @ 1:32 pm By Samantha Hurst  |  

Commerical real estate marketplace lending platform, Money360, announced on Wednesday it has provided a bridge loan to the owner of a retail center in Jacksonville, Illinois. According to Money360, the $8.3 million loan is allowing the borrower to pay off a maturing loan on the Lincoln… Read More

January 24, 2017 @ 3:53 pm By Samantha Hurst  |  

On Tuesday, commercial real estate marketplace lending platform, Money260, announced it hired two new directors, David Christensen and Kenneth Wood, to support the increasing demand in the northeast and northwest regions of the U.S.  According to Money360, Christensen has more than 30 years of industry experience in… Read More

January 16, 2017 @ 2:50 pm By Samantha Hurst  |  

Commercial real estate marketplace lending platform, Money360, announced on Monday it provided financing to a commercial property owner to purchase a fully leased retail center in Mobile, Alabama. According to Money360, the $3,865,000 five-year loan is secured by the 1.61-acre, 16,710-square-foot Airport Boulevard Shops shopping center,… Read More

January 9, 2017 @ 3:21 pm By Samantha Hurst  |  

Commercial real estate marketplace lending platform, Money360, announced on Monday it closed a record $35.6 million in commercial real estate loans in December 2016. The marketplace lender revealed that December’s transactions reflect short-term bridge loans for a mix of property types, including retail, office and… Read More

December 12, 2016 @ 12:44 pm By Samantha Hurst  |  

Real estate marketplace lending platform, Money360, announced on Monday it provided  $1.848 million in financing to a commercial property owner for the value-add renovation of a full-service boutique hotel to enable the hotel’s affiliation with the flagged hospitality brand, Ascend Collection Hotels. According to the lender, the $1.848… Read More

December 5, 2016 @ 1:01 pm By Samantha Hurst  |  

On Monday, commercial real estate marketplace lending platform Money360 announced it has provided financing of $1.9 million for a single-tenant retail building in Dayton, Ohio. The building, which is currently 100 percent leased to Panera Bread, is reportedly located next to the Dayton Mall. Money360 reported… Read More

October 26, 2016 @ 9:18 am By Samantha Hurst  |  

Commercial real estate marketplace lending platform Money360 announced on Tuesday it has provided a $2,450,000 bridge for a 120-unit low-rise multifamily property in Kansas City, Missouri. This new loan was provided to a commercial property owner to pay off a maturing first mortgage with detailed… Read More

October 17, 2016 @ 2:24 pm By Samantha Hurst  |  

Real estate marketplace lending platform Money360 announced on Monday it has provided an $800,000 bridge for the acquisition of a newly-constructed, single-tenant retail building, located in Raymond, Illinois. According to Money360, the borrower has secured a loan through its platform and was able to close before its 1031-exchange… Read More