Tagged: real estate

December 20, 2016 @ 1:24 pm By JD Alois  |  

Online lender for short-term property finance LendInvest, will launch a new auction finance product to help brokers and borrowers prepare for the forthcoming 2017 auctions. The auction finance product is designed for borrowers that need their deals to be fast-tracked by their lender. Matthew Tooth,… Read More

December 15, 2016 @ 4:08 pm By Samantha Hurst  |  

RealtyShares announced on Thursday its community of investors raised $2.25 million to recapitalize and fund the renovation of Avesta Communities’ Bridgewater complex, a 344-unit apartment community located in Orlando, Fla. According to RealtyShares, Avesta Communities recently acquired the property below its appraised value and planned to perform… Read More

December 14, 2016 @ 9:07 am By JD Alois  |  

Patch of Land, a real estate crowdfunding platform, has filed a Form D (506c) with the SEC to raise $3.2 million in debt capital. According to the document, Patch of Land has already raised $1.5 million. A minimum investment threshold has been set at $250,000…. Read More

December 6, 2016 @ 8:03 am By Samantha Hurst  |  

On Monday, RealtyShares announced it completed the initial close of its diversified marketplace equity fund. According to the real estate crowdfunding platform, the fund is set to enable investors to access a diverse portfolio of real estate investments through a single contribution. RealtyShares revealed that… 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

December 5, 2016 @ 7:48 am By JD Alois  |  

LandlordInvest has received full Financial Conduct Authority (FCA) authorisation following a 24-month process. LandlordInvest is a peer to peer lending platform for buy-to-let and bridge loans. LandlordInvest stated it has also submitted an application to HMRC to become an ISA manager and intends on offering… Read More

December 2, 2016 @ 7:06 am By JD Alois  |  

RealtyMogul.com has lowered the minimum necessary to invest in their first REIT or MogulREIT I to $1,000. Previously, the minimum investment was $2,500. RealtyMogul.com CEO Jilliene Helman said their goal was to give more investors the opportunity to invest in unique real estate investments on… Read More

December 1, 2016 @ 4:09 pm By Samantha Hurst  |  

CapitalRise, a London-based property investment platform, is launching its third deal with the chance for everyday savers to invest in a development of five townhouses and four apartments in Knightsbridge worth £106 million. The website has reportedly raised £1million for each of its first two offerings on… Read More

December 1, 2016 @ 3:48 pm By Samantha Hurst  |  

RealtyShares announced on Thursday a total of  $5,144,000 has been raised through its real estate crowdfunding marketplace for the acquisition and development of four free-standing triple net (NNN) leased quick service restaurants in Nashville, Tennessee. According to RealtyShares, the tenants, which includes three Checkers and… Read More

November 29, 2016 @ 1:56 pm By JD Alois  |  

Fundrise has announced that is Income eREIT is “almost sold out” with less than 10% of the $50 million cap available for investors.  The debt based real estate crowdfunding vehicle has recently declared a dividend of 11.25% through December 2016. Fundrise’s eREIT approach has replaced… Read More

November 29, 2016 @ 11:20 am By JD Alois  |  

  Immovesting, a Paris-based real estate crowdfunding platform, has initiated pre-funding of deals to help support developers / sponsors listing projects on their platform. The “garantie de collecte” or collection guarantee program assures that funds are received on-time regardless of the funding status. This was… Read More

November 22, 2016 @ 1:22 pm By Samantha Hurst  |  

Mainstreet Student Living, U.S. registered broker-dealer focused on the health care sector and student housing opportunities, announced on Tuesday the launch of its CrowdStreet Regulation D offering. The company is seeking to raise $1.8 million for a new housing community located in Central, South Carolina…. Read More

November 17, 2016 @ 3:45 pm By Samantha Hurst  |  

Real estate crowdfunding platform, PeerStreet, announced on Thursday it raised $15 million during a Series A funding round, which was led by Silicon Valley venture capital firm, Andreessen Horowitz, with additional participation from The Kaiser Family Foundation, Rembrandt Venture Partners, and Montage Ventures.  The portal revealed… Read More

November 14, 2016 @ 10:17 pm By JD Alois  |  

LendingHome is a niche online lender that is focused on the mortgage market. In a relatively short period of time, LendingHome has gone from zero to well over $700 million in residential mortgages. The mortgage market is huge. FBR& Co. recently estimated that $1.9 trillion… Read More

November 11, 2016 @ 8:29 am By JD Alois  |  

LendInvest, a leading online mortgage lender in the UK, has announced the speaker line-up for the inaugural Property Development Academy course, scheduled for today and tomorrow (November 11th & 12th).  LendInvest announced this new initiative this past fall as a way to help small developers… Read More

November 10, 2016 @ 7:47 am By JD Alois  |  

Property Partner, a UK Real Estate Crowdfunding Platform, Updates on Results of Secondary Market for Property Shares Property Partner, a crowdfunding platform for UK real estate, has said that £10 million of shares in property have been exchanged on their unique secondary marketplace. Stating “bricks… Read More

November 7, 2016 @ 6:01 pm By Jessica Pham  |  

Katipult, cloud-based software infrastructure that allows firms to design, setup, and manage an Investment Crowdfunding, Peer 2 Peer Lending, or Investor Management platform has been recognized as Canada’s most innovative fintech company.  In a blog post Katipult explained their mission; “Private capital markets are plagued with… Read More

November 7, 2016 @ 10:44 am By Samantha Hurst  |  

On Monday, RealtyShares announced several developers have returned to its real estate crowdfunding platform for additional projects. The website confirmed that Chris Wooten of Own Home, LLC, which funded his second residential acquisition in Nashville, Tennessee, and raised $398,000 from investors on the RealtyShares platform in October. Wooten… Read More

November 4, 2016 @ 9:57 am By JD Alois  |  

Independent ratings agency 4thWay is out with an interesting report on the peer to peer property lending market in the UK.  This sector of alternative finance has been very popular due to the asset class and the solid returns. Even in light of Brexit turmoil,… Read More

November 3, 2016 @ 10:12 am By JD Alois  |  

AdaPia d”Errico, a long-time Patch of Land executive, has departed the real estate crowdfunding platform. In a note to stakeholders, Patch of Land CEO Paul Deitch stated; “It is with mixed emotions that we are announcing the departure of AdaPia d’Errico, Patch of Land’s Chief… Read More