Real Estate

October 21, 2024 @ 3:17 pm By Omar Faridi  |  

Splitero, the financial technology company that provides homeowners better options to access their home equity, announced today that it has a $300 million investment from funds managed by Antarctica Capital. This announcement comes at a time of “record” home equity. U.S. homeowners collectively hold $11.5… Read More

October 21, 2024 @ 8:56 am By Omar Faridi  |  

HSBC UK announced it is making its UK mortgages accessible for international homebuyers by introducing tech that makes it easier for customers to leverage their credit history for their UK mortgage application. With newcomers to the UK and global customers facing various challenges and delays… Read More

October 20, 2024 @ 8:54 pm By Michael Wong  |  

Nada, a Fintech company offering debt-free access to home equity for homeowners, has announced securing a revolving credit facility of up to $25 million from Kawa Capital Management. Kawa, an alternative asset management firm with over $3 billion in assets under management, is renowned for… Read More

October 19, 2024 @ 5:32 pm By Omar Faridi  |  

PeerBerry’s business partner – real estate developer Lithome – recently revealed that it had repaid investors a EUR 435 000 loan (real estate project “Šilo 23”) and paid their investors EUR 41 648 in total interest payments. In other key updates shared recently in a… Read More

October 14, 2024 @ 8:00 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has reportedly provided a £2.25m loan to a new joint venture between Dukesmead Property Group, Kyte Property and returning customer, Grosvenor Hill. Established back in 2019, and led by a senior Management team, including Rodney Bishop, Dukesmead… Read More

October 9, 2024 @ 1:20 pm By JD Alois  |  

Real estate investment platform Groundfloor is now offering a “next evolution” in fractionalized real estate offerings. Groundfloor’s launch of its Flywheel Portfolio aims to support diversification into different real estate properties by enabling investors to invest in “hundreds” of loans – down to as little… Read More

October 6, 2024 @ 2:46 pm By Omar Faridi  |  

NatWest Group has announced a progress update on its ambition to provide £5 billion in new lending to the UK social housing sector, with the bank confirming £2.8 billion has been provided up to 31 August 2024. As explained in the update from UK’s NatWest… Read More

September 28, 2024 @ 11:09 am By Omar Faridi  |  

PeerBerry’s business partner, real estate developer SIB Group, repaid investors a EUR 1 million loan (real estate project “Krokuvos”) and paid our investors EUR 221 135 in interest. PeerBerry has acknowledged those “contributing to the development of projects developed by their partners.” If you are… Read More

September 27, 2024 @ 10:52 am By JD Alois  |  

FCA-regulated real estate investment platform Shojin and Anarock, a Dubai-based real estate brokerage firm, have announced a new partnership. According to a company statement, the two firms will open up real estate investment opportunities for each of their investor networks. Anarock’s clients from Dubai will gain access to… Read More

September 26, 2024 @ 11:42 am By JD Alois  |  

Prime property financing platform CapitalRise says that housing in the Home Counties, areas surrounding London, saw home prices increase by 37% more than homes in the rest of England. The Home Counties are deemed to be desirable areas outside of London. Specifically, house prices in… Read More

September 25, 2024 @ 7:18 am By Omar Faridi  |  

Newton Property Management has expanded its existing relationship with bank payment company GoCardless by adding Instant Bank Pay, its open banking-powered payment feature, to the Direct Debit functionality it uses already. Through GoCardless’ unique combination of Direct Debit and open banking payments, Newton can now… Read More

September 24, 2024 @ 8:09 am By Omar Faridi  |  

UK’s Assetz Capital has reportedly funded new addition to the Belfast skyline. According to the update from Assetz Capital, the Belfast skyline will soon see a new building feature. As mentioned in the announcement from Assetz Capital, the 84 unit serviced apartment development set over… Read More

September 23, 2024 @ 5:35 pm By Omar Faridi  |  

UK Finance is calling for further housing market reform. UK Finance recently releases its report ‘Homes We Need’ which proposes solutions to complement the government’s plans. UK Finance, which represents over 300 firms “including 120 mortgage lenders, is today releasing its report Homes We Need.”… Read More

September 23, 2024 @ 9:06 am By JD Alois  |  

CapitalRise is reporting that it has closed on an £8.22 million senior development loan in Wimbledon. The real estate investment platform says this most recent facility follows a robust summer that generated record activity on the property finance platform. As for the Wimbledon project, the financing… Read More

September 22, 2024 @ 7:37 pm By Omar Faridi  |  

NatWest reports that it has completed a multimillion-pound funding deal with North East’s believe housing. NatWest notes that the £90 million funding package will aim to “support long-term growth plans for social housing association.” As stated in the announcement, believe housing has obtained a £90… Read More

September 22, 2024 @ 7:23 pm By Omar Faridi  |  

The monthly cost of homeownership may be more attainable than people think, according to a new report from real estate firm Zillow (Nasdaq: Z and ZG). But, it depends on where they live, the report from real estate company Zillow has revealed. According to a… Read More

September 20, 2024 @ 10:47 am By JD Alois  |  

Groundfloor, a real estate investment platform, is partnering with Republic to raise growth capital. According to the offering page, Groundfloor is seeking up to $5 million using Reg CF. Investors will be purchasing Series B-3 preferred stock. A minimum of $100 is required with a… Read More

September 18, 2024 @ 7:43 am By Omar Faridi  |  

LendInvest Mortgages (AIM: LINV), the UK’s platform for mortgages, announces the launch of its new Expat Buy-to-Let mortgage products. This launch marks another significant step in LendInvest‘s mission to simplify mortgage processes for all types of customer, “offering tailored solutions to meet diverse needs.” The… Read More

September 16, 2024 @ 11:37 am By JD Alois  |  

Propy is a Proptech that aims to provide “self-driving transactions for agents, home buyers, and sellers.” Propy leverages blockchain technology and artificial intelligence (AI) to power its platform. Founded by CEO Natalia Karayaneva, the entrepreneur aims to put real estate assets on-chain. In a company statement,… Read More

September 14, 2024 @ 5:25 am By Tony Zerucha  |  

Polly, a provider of mortgage capital markets technology, this week announced $25 million in new growth equity capital. The raise was led by 8VC, with participation from existing investors including Menlo Ventures, Meritech, Khosla Ventures, and Fifth Wall. The funds are earmarked for research, development,… Read More