Real Estate

Real Estate Marketplace Pacaso Reports Over 21% Growth in Co-Ownership Across the US YoY

Pacaso, a technology-enabled real estate marketplace that helps people buy, co-own, and sell a vacation home, reports more than 21% growth in co-ownership across the U.S. year-over-year in its inaugural Co-Ownership Growth Report. The report identifies the top ten counties “with the most significant annual… Read More

UK’s Blend Network Introduces Bridging Product to Support Property Developers

UKs Blend Network, which was once described as a peer to peer (P2P) lending service provider but has now become a specialist development finance lender, recently introduced a bridge product intended to support property developers across the United Kingdom. The Blend Network team has explained… Read More

Real Estate Report: Buyers and Sellers Should Prepare for Competitive Property Market in 2024

Both buyers and sellers should prepare for a competitive real estate / property market season this spring. The latest real estate market report from Zillow (NASDAQ: Z and ZG) reportedly shows “that well-priced homes are being snapped up quickly, while those that linger on the… Read More

Better Launches Digital VA Loans to Enhance Homebuying Experience for US Veterans

Better Home & Finance Holding Company (NASDAQ: BETR), a digital homeownership company, launches Better Mortgage VA Loans, which is described as a fully digital VA loan program available to eligible US Veterans, service members, National Guard and Reserve members, and in some cases Veterans spouses… Read More

LendInvest to Offer First Time Home Buyers Fixed Rate, 90%LTV 2-Year Mortgates

Online lending platform LendInvest says it will now offer 90% LTV two-year fixed mortgages for first-time home buyers. LendInvest’s Residential Mortgages are said to have stretched LTIs up to 6.49x, to support homebuyers to borrow enough for their first home. Paula Mercer, Head of Sales… Read More

LendInvest Mortgages Moves BTL Business to Integrated Portal

LendInvest Mortgages, which claims to be the UK’s leading platform for mortgages, has launched a redesigned and updated Mortgages Portal now including LendInvest’s Buy-to-Let mortgages, providing brokers with a one-stop-shop for all LendInvest Mortgages products. Brokers can now access all Residential, Buy-to-Let, and Bridging products… Read More

Pacaso, the Real Estate Marketplace, Reports $1 Billion+ in Cumulative Revenue for 2023

Pacaso, the technology-enabled real estate marketplace that helps people buy, co-own, and sell a luxury second home, announced significant milestones for the year 2023 with cumulative revenue in the Pacaso real estate portfolio surpassing $1 billion. In 2023, Pacaso claims that it has “grown its… Read More

UK’s Blend Network, the Specialist Development Finance Lender, Acquires £50M+ Institutional Funding Line

Blend Network, the specialist development finance lender, has reportedly acquired a new £50 million+ institutional funding line in order to provide bridging to property developers in the United Kingdom. This latest form of support via newly committed capital to be deployed by the Blend Network… Read More

Cross River Bank Announces its Principal Finance Group Closed $825 Million of Capital Commitments in Past Year

Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced that its Principal Finance Group closed $825 million of capital commitments in 2023. The new investments, which “include senior secured credit facilities as well as programmatic asset purchase arrangements, provide specialty finance… Read More

UK’s LendInvest Mortgages Introduces Strategic Partners Program for 2024

LendInvest Mortgages, which claims to be one of the UK’s leading platforms for mortgages, has launched its Strategic Partners program for 2024, relationships that will be directly managed by Nigel Robbins, who was recently promoted to National Account Manager. In his new role, Nigel will… Read More

Estateguru Reports Steady Growth with Focus on Property backed Lending in Finland and the Baltics

Estateguru reports that with the continued support of clients has allowed them to weather the storm, and consolidate their status as a key player focused on property backed lending in Finland, and the Baltics. Estateguru‘s management notes in a blog post that the challenging macroeconomic… Read More

CrowdProperty Raises £3 Million: “Vote of Confidence” on Future of Property Crowdfunding Platform

Property investment platform CrowdProperty has received £ 3 million in funding from Canada-based Flow Capital Corp. The company said the capital infusion will enable it to accelerate its existing innovation and growth plans. CrowdProperty said it is planning some platform upgrades as well as increasing… Read More

Better Launches Insurance Service to Provide Seamless Online Experience for American Homeowners

Better Home & Finance Holding Company (NASDAQ:BETR), the  digital homeownership company and the first fintech lender to achieve $100B in funded loans,  announced the launch of Better Insurance, the white labeled solution that allows customers to purchase homeowners insurance through “a fully online experience.” Better… Read More

Real Estate Crowdfunding Platform EquityMultiple Aims to Raise Up to $3.5 Million on Wefunder

EquityMultiple, an established real estate crowdfunding platform, is looking to raise money on Wefunder. According to the filing with the SEC, EquityMultiple aims to raise up to $3.5 million. The company is selling a SAFE, which allows investors to purchase preferred shares at a future… Read More

Real Estate: Online Rental Marketplace Zillow Introduces Feature that Reports On-Time Payments to Credit Bureaus

Zillow (NASDAQ: Z and ZG) is introducing a new feature that allows renters who pay their rent on Zillow to have their on-time payments “reported to a major national credit bureau at no cost to them.” According to Zillow, this is reportedly a “first” for… Read More

Real Estate Investing: CapitalRise Tops £159 Million in Returns to Investors

CapitalRise, an online property investment platform, is reporting that it has returned over £159 million to investors since 2016. CapitalRise focuses on superprime property investments in the UK – typically central London. The £150 million hurdle was topped following a £9 million senior bridge loan… Read More

Bilt Rewards Gets $3.1 Billion Valuation in New Funding Round

Bilt Rewards has raised $200 million at a valuation of $3.1 billion in a new funding round, according to a statement by the company. FT Partners advised on the transaction. The funding round was led by General Catalyst, with the participation of new investor Eldridge,… Read More

Perenna Obtains UK Government Grant Funding to Support Decarbonization of Housing Stock

Perenna, which is building an innovative digital mortgage bank that will aim to enhance the UK mortgage market, recently revealed that it has received UK Government grant funding in order to “accelerate decarbonization of UK housing stock.” Perenna says that for decades, consumers in the… Read More

UK’s Assetz Capital Comments on the State of Housing Market and Government’s Potential Role

Andrew Charnley, MD, Assetz Capital, says that housing has been a popular topic of discussion, as both the Conservatives and Labour start to gear up for the next general election. Andrew Charnley from Assetz Capital notes that the UK faces many pressing social issues, but… Read More

Online Lender LendInvest to Offer New House Flip Bridge and Landlord Refurb Bridge Products

Online lender LendInvest Mortgages (AIM:LINV) says it will offer two new products: House Flip Bridge and Landlord Refurb Bridge. Both products aim to boost lending activity while providing borrowers the agility and speed they need to acquire and quickly flip homes. Both products are 85% LTV,… Read More

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