Tagged: real estate

July 26, 2022 @ 5:40 pm By Omar Faridi  |  

Nationwide has invested in a rent-to-own start-up “helping first-time buyers unable to access typical mortgages get a home by saving a slice of their rent to build the deposit.” The investment in Kettel Homes forms “part of Britain’s biggest building society’s efforts to help its… Read More

July 23, 2022 @ 9:57 am By Omar Faridi  |  

Security Token Market (STM) has announced that the global market “leader” in US real estate tokenization, RealT, has joined the STM data partnership network. RealT was “launched in 2019 and has built a vibrant and growing investor community of over 9,200 active investors from 135… Read More

July 21, 2022 @ 12:49 pm By Omar Faridi  |  

Residently has secured £4.5 million of funding to finally “bring renting into the modern age.” By digitizing the end-to-end customer experience in a $2 trillion market, Residently will “streamline operations for property owners and renters, reducing costs and delays throughout the full 360 rental experience.”… Read More

July 17, 2022 @ 11:15 pm By Omar Faridi  |  

New research from Bank of London and The Middle East (BLME) reveals pandemic restrictions had “little impact” on real estate investment from Gulf Corporation Council (GCC) countries into the UK. Based on in-depth interviews with experts from real estate services companies holding more than £60… Read More

July 4, 2022 @ 3:49 pm By Omar Faridi  |  

Brazil’s C6 Bank clients can now make 100% free Pix Saque and Pix Troco transactions across the country. The new functionality “allows operations like these to be carried out in commercial establishments and lottery houses, not just at ATMs, making life easier for users.” Maxnaun… Read More

July 2, 2022 @ 2:27 pm By Omar Faridi  |  

Proptech startup Properti has successfully closed a second seed financing round of 6 million Swiss francs. With the fresh capital, Properti is accelerating its growth in Switzerland and “further expanding its proprietary tech platform.” In addition to lead investor Serpentine Ventures, the startup also “convinced… Read More

June 30, 2022 @ 12:36 pm By Omar Faridi  |  

Clear Capital, a national real estate valuation tech firm, has announced the launch of two Application Programming Interfaces (APIs), Property Valuation API and Risk Assessment API. Each API connects directly into existing systems “through a single integration for lenders, investors, and system providers, making it… Read More

June 8, 2022 @ 11:06 pm By Omar Faridi  |  

Inflation is increasing in an unprecedented manner in many developed and developing economies, putting greater pressure on the major reserve banks to raise interest rates. In the United Kingdom, April inflation hit 9%, which is notably a 40-year high and the second highest inflation rate… Read More

June 6, 2022 @ 7:00 am By Omar Faridi  |  

Zump, a professionally designed social network for property (think LinkedIn/Instagram for Real Estate),  has raised 94% (£236,380) of its £250,000 target from 131 investors (at the time of writing) through its crowdfunding campaign via Crowdcube (with  15 days left in the sale). Zump reports a… Read More

May 10, 2022 @ 8:16 am By Omar Faridi  |  

Residently, which is focused on “building the brand” for the world’s $2 trillion long term home rental market, has acquired 161% (£2,015,460) of its £1,250,000 target from 481 investors through its crowdfunding campaign carried out via Seedrs (at the time of writing). Located in London,… Read More

May 10, 2022 @ 12:40 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer SIB Group – successfully “closed the residential building project ‘Talino’” in Vilnius, the capital of Lithuania. The real estate loan of €1 million, plus an interest rate of €74,490 (total amount of EUR 1 074 490) was reportedly… Read More

May 9, 2022 @ 6:43 pm By Omar Faridi  |  

Hilary Wiek, CFA, CAIA Lead Analyst, Fund Strategies & Sustainable Investing, notes that when Pitchbook last reported their benchmark returns, performance “was through June 2021.” The research report also mentioned that vaccines “were available, masks were coming off, and many office workers had resumed their… Read More

May 2, 2022 @ 2:38 pm By Omar Faridi  |  

Blend Network CEO Yann Murciano has discussed the challenges of building a property “power team.” Yann recently focused on the “all-important” challenge of simplifying and streamlining “overly time-consuming processes and operations.” When speaking with property developers, one of the “most common” complaints that Blend Network… Read More

April 28, 2022 @ 12:16 pm By Omar Faridi  |  

Propy, which claims to be the “premier” blockchain powered, real estate transaction and offer platform, and Abra, a digital asset wealth management platform, have announced a partnership that will “enable Propy customers to buy real estate by securing a loan using their digital assets as… Read More

April 13, 2022 @ 10:37 am By Omar Faridi  |  

Hogan Lovells has reportedly become the first law firm “to implement an ecosystem-scale document and contract automation technology which will drive efficiencies within commercial transactions for clients.” The blockchain or DLT-enabled technology platform, DriveChain, is “now available to firm clients across all sectors and industries.”… Read More

April 13, 2022 @ 1:33 am By Omar Faridi  |  

Splitero, the financial services firm that offers homeowners better options to access home equity, has announced that it has acquired $5.8 million in seed funding, “led by Gemini Ventures.” Additional investors reportedly include Permit Ventures, Fiat Ventures, and others.” As noted in an update shared… Read More

April 11, 2022 @ 7:23 pm By Omar Faridi  |  

Kiavi Funding, Inc., a provider of financing to real estate investors (REIs), announced it has closed a $271 million revolving securitization of “unrated residential transition loans.” This is the eighth broadly syndicated securitization transaction supported by Kiavi “since it began its sponsored revolver securitization program… Read More

April 11, 2022 @ 8:15 am By Omar Faridi  |  

LendInvest PLC (LSE: LINV) noted on Friday (April 8, 2022) that platform assets under management (AUM) surged 36% on-year in fiscal 2022, and funds under management increased 18%. The non-bank mortgage lender also revealed that for the year ended March 31, 2022, funds under management… Read More

April 4, 2022 @ 11:12 pm By Omar Faridi  |  

Jia Finance, an online residential mortgage platform for foreign investors, is scaling its offering in the U.S. for international buyers and announcing its $5 million seed round. The Fintech startup uses the latest data analysis tech as well as AI and identity verification to make… Read More

March 31, 2022 @ 8:41 am By Omar Faridi  |  

Deepki, which claims to be the only company in the world “offering a fully populated ESG data intelligence platform for the real estate sector,” has announced that it secured €150 million in a Series C round. As mentioned in the update shared with Crowdfund Insider,… Read More