Tagged: real estate

March 24, 2023 @ 10:17 am By Omar Faridi  |  

High interest rates, persistent inflation, and the denominator effect hit private real estate hard in 2022. This, as private real estate funds “raised $128.6 billion across 267 vehicles, down 28.4% from the $179.6 billion raised by 549 funds in 2021,” according to an update by… Read More

March 13, 2023 @ 11:37 pm By Omar Faridi  |  

As Chief Executive of property finance platform, CapitalRise, Uma Rajah says she’s  responsible for all aspects of the business: from creating their strategy, “to execution of that strategy, and all aspects of running the company – including recruitment.” Uma Rajah notes that she approaches all… Read More

March 12, 2023 @ 3:16 pm By Omar Faridi  |  

Pacaso, the real estate platform that helps people buy and co-own a luxury second home, shares a significant moment for co-ownership with the passage of Utah SB 271. The passage of the bill, sponsored by Sen. Michael McKell and Rep. Val Peterson, means the benefits… Read More

March 6, 2023 @ 10:09 am By Omar Faridi  |  

Clear Capital, a national real estate valuation technology company, announced the launch of Universal Data Collection (UDC), the latest in the company’s suite of products designed “to support appraisal modernization.” UDC supports Fannie Mae’s newly announced Value Acceptance + Property Data program, as well as… Read More

February 28, 2023 @ 8:06 am By Omar Faridi  |  

Circles.house has secured 137% (€206,810) of its €150,000 fundraising target from 291 investors via Crowdcube at the time of writing. This convertible offer from Spain ends today (February 28, 2023). As explained in the update, rather than investing and immediately receiving shares, in this round… Read More

January 27, 2023 @ 12:07 pm By Omar Faridi  |  

Better, which claims to be the first fintech lender to achieve $100 bln in funded loans,  unveiled the launch of One Day Mortgage(™), which is described as “a breakthrough innovation in the real estate industry.” For the “first” time ever, Better customers will be able… Read More

January 26, 2023 @ 11:32 pm By Omar Faridi  |  

Neighborhood Ventures, which claims to one of the country’s largest real estate crowdfunding companies, announced the launch of NV REIT, its first nationwide offering which provides “a unique real estate investment opportunity to accredited and non-accredited, individual investors of all income levels.” Previously, participation in… Read More

January 12, 2023 @ 3:33 pm By Omar Faridi  |  

Kiavi, a provider of financing to real estate investors (REIs), announced it closed an approximately $158 million, 12-month-term revolving securitization of unrated residential transition loans (RTL). This is the eleventh broadly syndicated securitization transaction by Kiavi “under its LHOME shelf since it began its securitization… Read More

January 10, 2023 @ 4:58 pm By Omar Faridi  |  

Built Technologies, the “fastest growing” construction and real estate fintech provider in the U.S., announced the addition of two industry veterans as company advisors, Bora Chung and Matt Marenghi. Their expertise will help Built “drive innovation and value for its customers as the company scales… Read More

January 10, 2023 @ 3:16 pm By Omar Faridi  |  

Fractal Homes, a UK-based start-up offering fractional home ownership across Europe’s capital cities, has launched a second home co-ownership model “aimed at streamlining purchasing, maintenance, and upkeep of select properties for GCC residents.” To coincide with this announcement, Fractal Homes has “launched a new website… Read More

January 9, 2023 @ 2:32 pm By Omar Faridi  |  

CubiCasa, a global-reaching real estate software company, announced that Georgia MLS has joined the company’s recently launched MLS Partnership Program. Through the program, participating MLSs can “unlock unique benefits to strengthen the free floor plans produced by the CubiCasa app and deliver more value to… Read More

January 6, 2023 @ 3:48 pm By Omar Faridi  |  

Pathway Homes, a real estate platform with a mission to create more homeowners, announced its partnership with Credit Saint, a credit restoration company. As part of this partnership, Pathway will be “providing its customers with a waived first work fee for Credit Saint’s services, as… Read More

January 1, 2023 @ 6:00 pm By Omar Faridi  |  

Pacaso, the real estate platform that helps people buy and co-own a luxury second home, released a report “identifying the top ten luxury second home markets across the U.S. in 2022.” To determine the top U.S. markets, Pacaso reportedly “analyzed second home mortgage rate lock… Read More

December 26, 2022 @ 6:17 pm By Omar Faridi  |  

Keren Einhorn, Fund Manager at LendInvest (LSE: LINV), notes that as we started the year it felt like we were “putting the lockdowns and major impacts of the Covid pandemic behind us, and that 2022 could be the first straightforward year in a while.” Keren Einhorn… Read More

December 26, 2022 @ 5:02 pm By Omar Faridi  |  

Flyhomes, creator of the world’s “best” home buying and selling experience, has announced the appointment of Andrea Collins as Chief Marketing Officer and Dan Richards as Executive Vice President of Mortgage. Collins and Richards “bring experience working at premier technology companies, including Microsoft, Hippo, SoFi… Read More

December 26, 2022 @ 11:47 am By Omar Faridi  |  

The team at Landbay notes that 2022 started with rising inflation and the Bank of England base rate “followed suit with interest rate increases.” That scenario has “continued throughout the year with steeper rises than many had predicted.” Inflation is “at a 40-year high of… Read More

December 14, 2022 @ 10:22 am By Omar Faridi  |  

CubiCasa, a global-reaching real estate software company, announced the launch of its partnership program for Multiple Listing Services (MLS). The company is also announcing a contract with PrimeMLS, the first MLS “to benefit from CubiCasa’s new MLS program, with more to be announced soon.” In… Read More

December 10, 2022 @ 4:13 pm By Omar Faridi  |  

Bond, the embedded finance platform, announced that residential real estate business Flow has selected Bond as the embedded finance platform partner “to power Flow’s planned digital wallet, which will offer differentiated financial products.” Bond’s platform “enables Flow to provide its community members with a unique… Read More

November 14, 2022 @ 11:17 am By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, announced partnerships with Alto, an elevated on-demand rideshare company, and Surf Air, a regional air travel company working to accelerate the adoption of green aviation, “to offer families effortless… Read More

November 13, 2022 @ 10:48 pm By Omar Faridi  |  

Wayhome has raised 102% (£3,087,566) of its £3,000,001 target from 448 investors via its crowdfunding campaign, carried out via Seedrs. There are now (at the time of writing) 20 days left in this sale. According to the Wayhome team, they aim to offer “a new… Read More