Search Results for: housing market

Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million
Business Finance News

Bascom Group Wraps Up the Year, Acquiring a 320-Unit Multifamily Acquisition in Florida

Fintech News Desk
by Fintech News Desk0
The Bascom Group, LLC  has acquired a 320-unit apartment community within the Orlando MSA in Florida. The property, Enclave at Lake Ellenor, was acquired for $68,500,000 or $214,063 per unit through a partnership with East Hill Capital’s Duff Bedrosian and Leste Group, a Miami based investment manager. Enclave is the second property acquired by Bascom in partnership with East Hill......
Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million
Capital Markets News

Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million

Fintech News Desk
by Fintech News Desk0
The Bascom Group, LLC has acquired a 1984/1985 built, 200-unit multifamily property in Las Vegas, Nevada. Bascom acquired Sun Chase in an off-market transaction, purchasing the 200-unit garden style property for $40,500,000 or $202,500 per unit. Annie Rice and Jamie Kline with JLL Capital Markets sourced the loan from ACRE Credit.  Apartment Management Consultants will provide property......
Synovus Establishes $4 Million Charitable Giving Fund
Banking News

Synovus Establishes $4 Million Charitable Giving Fund

Fintech News Desk
by Fintech News Desk0
Synovus announced the establishment of the Here Matters Community Fund, a $4 million charitable giving fund through which Synovus will expand its investments in communities throughout the bank’s five-state Southeastern footprint. “We believe deeply in our purpose to help individuals and communities realize their full potential. Our new charitable giving......
Comerica Bank Invests an Additional $1 Million in Clearinghouse CDFI
Banking Investment Services News

Comerica Bank Invests an Additional $1 Million in Clearinghouse CDFI; Becomes Third Largest-Shareholder

Fintech News Desk
by Fintech News Desk0
Investments by Comerica Bank in Clearinghouse CDFI Total $2.1 Million Since 2019 Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced an additional $1 million equity investment from Comerica Bank, a financial services company headquartered in Dallas, Texas. Since 2019, Comerica has invested a total of $2.1 million in Clearinghouse CDFI,......
MODIFI Announces 145M USD to Power International SME Trade Among Supply Chain Turmoil
Banking News

MODIFI Announces 145M USD to Power International SME Trade Among Supply Chain Turmoil

Fintech News Desk
by Fintech News Desk0
Global fintech MODIFI announced 145M USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI’s digital platform. COVID-19 has negatively impacted SME exporters and importers, with the......
KKR Launches Self-Storage Investment Platform with Jonathan Perry
Investment Services News

KKR Launches Self-Storage Investment Platform with Jonathan Perry

Fintech News Desk
by Fintech News Desk0
KKR, a leading global investment firm,  announced the launch of a platform to invest in self-storage real estate across the United States. Industry veteran Jonathan Perry will serve as CEO of the platform, Alpha Storage Properties (ASP), and work closely with KKR’s real estate team to acquire and manage a......
Season Two Ventures Closes Twin B2B Investments in India: Backs Twixor, Vitraya
B2B Investment Services News

Season Two Ventures Closes Twin B2B Investments in India: Backs Twixor, Vitraya

Fintech News Desk
by Fintech News Desk0
Twixor raises $2.4M & Vitraya Technologies raises $2M in total respectively Season Two Ventures continues its India investment spree into AI and ML, the latest catches being customer experience automation platform, Twixor and InsureTech platform Vitraya Technologies. Season Two has committed to an investment of $1 Million in Twixor, and......
Dana Columbo Joins LeaseLock as Vice President of Enterprise Sales
Fintech InsurTech News

Dana Columbo Joins LeaseLock as Vice President of Enterprise Sales

Fintech News Desk
by Fintech News Desk0
Industry leader will accelerate growth in the Southeast region as the industry shifts away from deposits with the LeaseLock insurtech platform LeaseLock, the world’s leading insurtech platform  for real estate, announced that Dana Columbo has joined the company as Vice President of Enterprise Sales, Southeast. She will focus on the......
Lighthouse Expands Into Insurtech Space
Fintech InsurTech News

Lighthouse Expands Into Insurtech Space

Fintech News Desk
by Fintech News Desk0
The Burgeoning Tech Company Partners with Topa Insurance Company to Offer Security Deposit Insurance Lighthouse, the Los Angeles-based software for landlords and tenants, announced a new partnership with Topa Insurance Company to offer security deposit insurance. The partnership marks a significant step for Lighthouse into the insurtech space, making them a licensed......
Umpqua Bank 2022 Economic Outlook for Businesses Shows Growth Opportunities Ahead, But Adaptability Remains Critical for Success
Banking Fintech News

Umpqua Bank 2022 Economic Outlook for Businesses Shows Growth Opportunities Ahead, But Adaptability Remains Critical for Success

Fintech News Desk
by Fintech News Desk0
Report taps economists and bank leaders for insights to help small and middle market companies navigate disruptions, be ready for opportunities Umpqua Bank released its 2022 economic outlook report for small and middle market companies, “Headwinds & Opportunities: Economic Trends & Predictions for Businesses in 2022.” The bank tapped prominent......
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