Tagged: real estate

September 30, 2023 @ 3:55 pm By Omar Faridi  |  

The U.S. housing market has rebounded strongly in 2023 after a short-lived downturn late last year. The total value of the U.S. housing market has surged by more than $2.6 trillion over the past year, a new Zillow (NASDAQ: Z and ZG) analysis shows. The… Read More

September 28, 2023 @ 11:32 am By Omar Faridi  |  

The number of first-time buyers in Scotland reportedly “fell by 14% between January and August 2023, compared to the same period in 2022,” according to the latest Bank of Scotland First-Time Buyer Review. This fall is not as sharp as the picture “for the UK… Read More

September 27, 2023 @ 8:04 am By Omar Faridi  |  

August was a benchmark month for Estateguru, with a “record-breaking” €15.0M successfully repaid by borrowers. Estateguru also reports that it saw €10,0M in loans funded across all of their markets. August was a key month for Estateguru, with substantial repayments by platform borrowers. In addition… Read More

September 25, 2023 @ 11:57 pm By Omar Faridi  |  

KPMG has shared its economics report which finds house / property prices are expected “to rise gradually over next nine months and then surge in FY25.” In Australia, home / real estate prices will “rise nationally by 4.9% over the next 9 months and then… Read More

September 24, 2023 @ 3:04 pm By Omar Faridi  |  

Pacaso, the technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, released its 2023 marketplace resale report. Pacaso homes have historical resale gains “from the time of the ownership interest purchase to the time of reselling of more than 10%.”… Read More

September 23, 2023 @ 6:08 pm By Omar Faridi  |  

More than 4 out of 5 prospective home buyers consider climate risks as they shop, new Zillow (NASDAQ: Z and ZG) research shows. Most say their major concern “is flood risk, followed by wildfires, extreme temperatures, hurricanes and drought.” Zillow senior population scientist Manny Garcia… Read More

September 7, 2023 @ 10:16 pm By Omar Faridi  |  

The Fundrise Innovation Fund has invested $2 million into Jetty, a financial services platform for the rental real estate industry. Rental housing represents roughly 12% of US GDP, “making it the largest addressable market by several measures.” Yet, it has historically “been overlooked in spite… Read More

September 5, 2023 @ 1:41 am By Michael Wong  |  

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a sustainability-linked financing package of €150 million to support Lion’s Head Investments AD (LHI), a commercial property investment platform in Bulgaria and Romania. The investment will be used for the acquisition… Read More

September 3, 2023 @ 6:17 am By Omar Faridi  |  

Clear Capital, the national real estate valuation technology company, announced a partnership with LenderX, a real-estate valuations SaaS provider, “to deliver its lenders access to AURA, Clear Capital’s automated collateral underwriting solution.” LenderX is the first Clear Capital partner “to provide lenders with access to… Read More

August 25, 2023 @ 8:30 am By Omar Faridi  |  

TWINO reveals that it is pleased to share that their first real estate securities project is more than halfway funded. According to TWINO, this achievement underlines “the potential of short-term rental properties as a popular investment type.” For those who’ve already invested, they thank you… Read More

August 8, 2023 @ 8:44 am By Omar Faridi  |  

Zillow Group‘s  (NASDAQ: Z and ZG) new-construction listings will soon be automatically syndicated to Redfin, connecting home builders with motivated buyers on both platforms. The strategic partnership will aim to “expand the reach of home builder listings on Zillow and allow Redfin customers to explore… Read More

August 7, 2023 @ 9:16 am By Omar Faridi  |  

Investment platform Shojin has teamed up with LINUS as well as Reinvest24 in order to expand various real estate opportunities. Shojin, a UK-headquartered FCA-regulated investment platform, has announced its partnership with LINUS Digital Finance, a Berlin-based real estate investment platform, and Reinvest24, an Estonia-based real… Read More

August 7, 2023 @ 2:17 am By Omar Faridi  |  

Without offsetting topline growth or debt reduction, management will need to increase efficiency and reduce investment “to retain earnings power and, even then, may face lower valuation multiples,” the team at Pitchbook noted in a comprehensive market update. Hence, Pitchbook now expects further underperformance “from… Read More

August 5, 2023 @ 1:52 pm By Omar Faridi  |  

Fundrise notes that the belief that a very real and potentially significant downturn still lies ahead has necessarily “been the foundation for all their decisions across the portfolio over the past six months.” As Fundrise noted at the beginning of the year and again in… Read More

August 4, 2023 @ 11:25 am By Omar Faridi  |  

Bridgecoin Capital unveiled the launch of their new lending platform, which is the first of its kind to lend customers’ crypto into traditional real estate assets. This novel model, “designed by the partnership of real estate and crypto professionals, is the first tax efficient method… Read More

August 3, 2023 @ 10:29 am By Omar Faridi  |  

CrowdStreet, one of the most established real estate investment platforms in the US, has been hit with a damning article claiming the $63 million in customer cash has gone missing. The errant funds stem from an office project in Atlanta that was reported in 2022…. Read More

August 3, 2023 @ 7:45 am By Omar Faridi  |  

Stavvy, the Fintech company reshaping digital and remote collaboration for lending and real estate, announced its strategic acquisition of Brace, a servicing technology company addressing the long-standing inefficiencies and lack of transparency stemming from outdated technologies in mortgage servicing. Through this strategic acquisition, the collective… Read More

July 30, 2023 @ 8:59 pm By Omar Faridi  |  

Clear Capital, a national real estate valuation technology company, announced that it has entered into a strategic partnership with BeSmartee, a digital mortgage solution development company, in order “to offer a cost effective and efficient solution for mortgage and home equity origination property valuations.” Clear… Read More

July 29, 2023 @ 11:47 am By Omar Faridi  |  

Cross River Bank, a New Jersey State chartered FDIC-insured bank known for its diversified commercial real estate (CRE) lending program and deep market experience, announced the closing of the second quarter, “totaling over $66 million in loans year-to-date.” Additionally, the team reports that it “saw… Read More

July 25, 2023 @ 4:13 pm By Omar Faridi  |  

Juniper Square has announced an exclusive partnership with Pereview, the only Life of The Asset® software platform supporting both equity and debt for real estate investments. By connecting Pereview’s in-depth asset data to Juniper Square, their joint clients can seamlessly “share both asset-level and portfolio… Read More