Real Estate

Challenger OakNorth Bank Originates £531,000 Loan to Sincere Homes

OakNorth Bank, a challenger bank that focuses on entrepreneurs, has completed a £531,000 loan to Sincere Homes, the development arm of Midway Care Group. OakNorth focuses on supporting two main divisions. In the UK, the Fintech serves as a banking challenger that provides loans from… Read More

Assetz Capital Provides £2.3M Commercial Mortgage for Enlarged North Yorkshire Development

Assetz Capital has provided a £2.3 million commercial mortgage to Roseberry View Lodges. The capital infusion allows the luxury holiday site to refinance an existing development facility and fund five new lodges in North Yorkshire. In a statement, the company said the loan follows 18… Read More

Robocash Shares High-Yield Investment Strategies for UK Investors: Report

The Robo.cash team has published an update that covers (what they claim to be) high-yield investments in the United Kingdom. Robo.cash aims to introduce people to different “safe, high yield investments, what they offer and how to go about them.” As mentioned in the update,… Read More

Real Estate: EWO Place to Provide Platform for “Flexible” Living, Will Leverage Crypto Tokens to Streamline Service

EWO place, a “ReTech” company that provides a no-rent model based on its own properties worldwide, notes that consumers are feeling frustrated as they are being “priced out” of renting or not being able to afford a place to live. The housing crisis is increasingly… Read More

Real Estate Report: Typical UK House Prices have Surpassed £250K for First Time Ever

The Nationwide House Price Index for the UK reveals that the price of a typical home has exceeded £250,000 “for the first time.” As noted in a blog post by Blend Network, the annual house price growth “remained close to double digits for the sixth… Read More

nCINO Purchases SimpleNexus in Mortgage Financing

nCino  (NASDAQ: NCNO) has agreed to acquire SimpleNexus for cash and stock valued at $1.2 billion or $240 million in cash and approximately 13.2 million shares of nCino common shares. SimpleNexus is a digital consumer-facing platform that is said to touch 1 in every 7 mortgage… Read More

LendingHome Changes Name to Kiavi, Aims to Provide More Value to Real Estate Investors

Real estate lending platform LendingHome has rebranded as Kiavi as part of a larger strategic initiative, according to the company.  The new brand is said to reflect the company’s mission of helping “real estate investors realize the full potential of their real estate investment strategies…. Read More

Roxana Mohammadian-Molina from Blend Network Says Specialist Lenders Must Play Key Role in Deploying More Funding into Housing Market

The team at UK-based Blend Network has noted that we should focus on getting Britain moving again by improving lending services. UK Prime Minister Boris Johnson’s pledge (a commitment to “Get Britain moving again”) had been made following the end of the first lockdown in… Read More

Proplend Completes First Property VAT Loan

Peer-to-peer lender Proplend says it has completed its first ever investor funded commercial property VAT loan. Proplend is an online investment platform that allows individuals to participate in first charge security commercial property loans that earn on average 5-12% per year. Proplend reports that it… Read More

UK Fintech StepLadder Secures £686,050 from 62 Investors via Seedrs

London-based StepLadder, which claims to be a fast-growing Fintech focused on helping consumers buy their first home, reveals that it has secured 91% (or £686,050) of its £750,000 target with 26 days left in its crowdfunding campaign via Seedrs. Here are some key business highlights… Read More

Netherlands based ABN AMRO Is Co-founder of New Green Mortgage Initiative

ABN AMRO (AMS: ABN) confirmed that it’s the co-founder of the new Energy Efficient Mortgages NL Hub (EEM NL Hub). Charissa Cardon will reportedly represent the banking institution on the EEM NL Hub’s board. As mentioned in the announcement, the EEM NL Hub was “initiated… Read More

Alternative Investments Tech Platform, RealBlocks, Announces Completion of SOC 2 Type II Audit

RealBlocks, a white-label alternative investments tech platform that supports international distribution capabilities for asset managers, has announced its successful completion of the independent, “exception-free” SOC 2 Type II audit. RealBlocks has been designed to access sensitive investor data and this certification “confirms that RealBlocks’ internal… Read More

Fraxtor Celebrates $1.25M Pre-Series A Boost to Tokenized Real Estate Platform

Fraxtor, a Singapore-based real estate tokenization investment platform, has raised $1.25 million in a pre-Series A funding round, the company announced this week. The event saw participation from family offices such as Baksh Capital and Andes Fund Management. The funds raised will be utilized to… Read More

Mortgage Platform SimpleNexus Assists Lenders with Better Serving Spanish-speaking Borrowers with New Product

SimpleNexus, developer of the homeownership platform for loan officers, borrowers, real estate agents and settlement agents, has announced the launch of Nexus Bilingual, a feature that makes the loan process more accessible to homebuyers who want to communicate in Spanish by obtaining  loan information in… Read More

Now Real Estate Investment Platform Roofstock Offers Fractional Shares of Managed Rental Properties, Explores Tokenization

Roofstock, a real estate investment platform, has launched the ability for investors to participate in fractional shares of managed rental properties thus enabling a higher degree of diversification for property investors. Roofstock One is a turnkey vehicle where accredited investors can purchase shares in rental… Read More

Real Estate Investment Software Firm Agora Receives $9 Million in Seed Funding

  Agora, a real estate investment management platform, has raised a $9 million seed round to further develop its software and to expand its activity in the United States. Agora reports that the funding was led by Aleph, with participation from River Park Ventures and… Read More

Real Estate Report: UK’s Annual House Price Growth Stayed in Double Digits in Sept 2021

The Nationwide House Price Index (in the UK) reveals that the annual house price growth remained steady in double digits for the fifth straight month in September 2021. However, it eased back to 10.0% from 11.0% in August, the Blend Network team notes. The UK-based… Read More

Fundrise Reports “Remarkable” Results in Q3

Real estate investment platform Fundrise is reporting “a quarter of remarkable results.” Fundrise used to be a single property crowdfunding platform that has since morphed into a REIT investing site that leverages Reg A+ to offer unlisted securities in funds holding a portfolio of properties…. Read More

GenoCrowd Closes First Property Crowdfunding Offering for Building in Leipzig

GenoCrowd has successfully closed on its first securities offering to provide financing for a building in Leipzig, Germany. GenoCrowd is a partnership platform between Raiffeisenbank im Hochtaunus and CrowdDesk. The online investment platform announced its first securities offering for the property this past August. GenoCrowd… Read More

LendInvest Adds to Executive Bench Again with New Hires

LendInvest, a top digital financing platform for the UK market, has announced two senior hires to its Funds team. According to the Fintech,  Omega Poole is joining the firm as its new Head of Capital Raising and Robert Pritchard joining as its new Head of… Read More

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