Search Results for: real estate portfolio

CIT Provides $51 Million for Acquisition of Arizona Apartment Complex
Finance News

CIT Provides $51 Million for Acquisition of Arizona Apartment Complex

Fintech News Desk
CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $51 million in financing for the acquisition of the Oceana Apartments in Avondale, Arizona. Oceana Apartments, which was acquired by 29th Street Capital, consists of 240 one-bedroom, two-bedroom and three-bedroom units. Based in Chicago, 29th Street Capital is a leading......
As Banks Pull Back, LendingOne Charges Forward for Landlords with Launch of New Rental Property Mortgage
Mortgage News

As Banks Pull Back, LendingOne Charges Forward for Landlords with Launch of New Rental Property Mortgage

Fintech News Desk
Investor Select fills the void for investment properties that banks are leaving behind by offering better flexibility and easier qualifications for landlords Banks have raised interest rates and are even more reluctant now than before to loan on investment properties. This hesitancy is making it even harder for the casual......
Great Southern Bank Opens New Commercial Loan Production Office in Phoenix, Arizona
Lending News

Great Southern Bank Opens New Commercial Loan Production Office in Phoenix, Arizona

Fintech News Desk
Phoenix Banking Veteran Justin Lutz Hired as Market Manager Great Southern Bank announced that it has opened a new loan production office (LPO) in Phoenix, Arizona, which represents the seventh LPO in the Company’s franchise. Justin Lutz, a Phoenix banking veteran, has been hired as market manager and is responsible......
BondBloxx Investment Management Launches First Product Suite of Fixed Income ETFs and Files
Fintech Funding Investment Services News

BondBloxx Investment Management Launches First Product Suite of Fixed Income ETFs and Files

Fintech News Desk
Seven funds will target industry sectors of the US high yield bond asset class including Energy; Industrials; Financial and REIT; Telecom, Media & Technology; Healthcare; Consumer Cyclicals; and Consumer Non-cyclicals BondBloxx Investment Management launched its first product suite of 7 exchange traded funds (ETFs). The fixed income funds, which begin......
Jetty Announces Equity Investment from Wilshire Lane Capital and Morgan Properties
Investment Services News

Jetty Announces Equity Investment from Wilshire Lane Capital and Morgan Properties

Fintech News Desk
Investment further strengthens Jetty’s partnership with leading property owner / manager Jetty, the financial services company on a mission to make renting a home more affordable and flexible, announced a multi-million dollar investment from Wilshire Lane Capital, a new PropTech-focused fund which is anchored by Morgan Properties, the second largest......
Clikalia Raises Euro 75 Million in Financing Round Co-led By Softbank Vision Fund 2 and Fifth Wall
Banking News

Clikalia Raises Euro 75 Million in Financing Round Co-led By Softbank Vision Fund 2 and Fifth Wall

Fintech News Desk
Series C-1 funding will accelerate Clikalia’s growth across Europe and Mexico Clikalia, one of Europe’s leading real estate platforms, announced the successful close of its Series C-1 funding round co-led by SoftBank Vision Fund 2 and Fifth Wall, with participation from existing investors Luxor Capital and Guillaume Pousaz. Proceeds from......
Majd Investment Acquires 25% of Al-Wefaq Rent A Car Company (Yelo)
Investment Services News

Majd Investment Acquires 25% of Al-Wefaq Rent A Car Company (Yelo)

Fintech News Desk
Majd Investment Company, the investment arm of Almajdouie Group, announced that it has successfully completed the acquisition of 25% of Al-Wefaq Company for Transportation Solutions (Yelo), which was established in 2000 and is one of the fastest growing brands today. This deal will contribute to raising the company’s competitiveness and......
Wilmington Trust Adds Wealth Management Professionals to Growing Los Angeles and Western Region Team
Fintech News

Wilmington Trust Adds Wealth Management Professionals to Growing Los Angeles and Western Region Team

Fintech News Desk
Wilmington Trust, a leader in wealth management and corporate and institutional services, said it has expanded its Los Angeles and Western region team. The firm hired: Thomas Mayer, senior wealth fiduciary advisor Vijay Chandran, senior private banker, managing director, Western Region John Bradarich, senior investment advisor Velios Kodomichalos, senior wealth advisor......
Revere CRE Closes $5 Million Funding Round Led By RET Ventures
Capital Markets News

Revere CRE Closes $5 Million Funding Round Led By RET Ventures

Fintech News Desk
(“Revere”), a capital markets network and deal marketplace for commercial real estate (“CRE”) brokers, developers, owners, lenders, and investors, announced the close of a $5 million funding round led by RET Ventures, with participation from other strategic investors including Related Companies, Holland Partner Group, The Feil Organization, Driftwood Capital, Davis......
Santa Cruz County Bank Hires Senior Vice President, Product and Digital Transformation Manager, Paul Happach
Banking Fintech News

Santa Cruz County Bank Hires Senior Vice President, Product and Digital Transformation Manager, Paul Happach

Fintech News Desk
Santa Cruz County Bank , with assets over $1.7 billion, is a top-rated community bank headquartered in Santa Cruz County. The Bank is pleased to announce that Paul Happach has joined as Senior Vice President and Product and Digital Transformation Manager. Mr. Happach maintains his office at the Bank’s 75 River Street Santa......
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