Groundfloor is a real estate crowdfunding company that has historically focused on retail investors; yesterday the company announced a whole loan purchase agreement with Direct Access Capital (DAC); this is their first institutional partner; Groundfloor to date has facilitated $40 million on the platform and has raised $8.5 million in venture capital. Source
CreditEase CEO Ning Tang is looking to offer an investment alternative to real estate investors by launching a fund of funds focused on real estate projects; currently investors in China need to directly buy property and hope the assets appreciate in value; the fund of funds strategy that CreditEase is looking to employ will allow investors to have access to leading real estate funds managed by Blackstone and KKR. Source.
The housing market continues to be hot. There is huge demand for homes of all kinds as many people have...
Jilliene Helman is on a mission. She wants to make real estate investing simple and accessible to everyone. She wants...
CapitalRise has announced the launch of an innovative finance individual savings account (IFISA) offering its investors a tax free account for investing in the firm's real estate investments; investors can invest in the IFISA with a minimum of 1,000 British pounds ($1,223); the investment maximum for the current tax year is 15,240 British pounds ($18,632) and the maximum will increase to 20,000 British pounds ($24,451) in the following tax year; the platform offers a range of real estate loan property investments in the UK with tax-free returns of approximately 10% to 14% per year. Source
Lend Academy features two companies, Landed and Fundrise, who are taking a unique approach to building to new homes and providing down payment assistance. Source
Last year we featured GROUNDFLOOR who was the first p2p lending firm to leverage Regulation A+ in Title IV in...
UK property lender, LendInvest, has completed a £285 million securitization of prime “buy-to-let” mortgages; it received a AAA rating for...
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[Editor’s note: This is a guest post from Prime Meridian Capital Management. Prime Meridian Capital Management is a Bronze Sponsor at LendIt USA...
The mortgage industry has been through a lot this year. From a liquidity crunch to booming demand to record low...