Search Results for: rental property management

Bridge Investment Group and StepStone Real Estate Announce $75 Million Needs-Based Senior Housing Co-Investment Venture
Investment Services News

Bridge Investment Group and SRE Announce $75 Million Needs-Based Senior Housing Co-Investment Venture

Fintech News Desk
by Fintech News Desk0
Bridge Investment Group Holdings Inc. announced that it has launched a $75 million program to acquire, develop, and operate needs-based senior housing assets within the United States. As part of the venture, StepStone Real Estate (“SRE”) co-invested in an existing portfolio managed by Bridge and intends to help build the......
Self Financial Expands into Credit Reporting for Rent & Utilities with Acquisition of RentTrack
Fintech News

Self Financial Expands into Credit Reporting for Rent & Utilities with Acquisition of RentTrack

Fintech News Desk
by Fintech News Desk0
The company will operate the definitive credit building platform to better serve 100 million+ credit-challenged Americans Self Financial, a leading fintech company that makes building credit and savings more accessible, announced the acquisition of RentTrack, Inc., a pioneering credit reporting company that was the first to report rent payments to......
Lument Named A Top Three Optigo Small Balance Loan Lender By Freddie Mac
Lending News

Lument Named A Top Three Optigo Small Balance Loan Lender By Freddie Mac

Fintech News Desk
by Fintech News Desk0
Lument was recently named a 2021 Top Optigo lender by Freddie Mac for its Small Balance Loan (SBL) program. Lument’s SBL team placed third on Freddie Mac’s rankings for the year with 225 closed transactions totaling $605.3 million, covering 8,000 units in 34 different states. This is the first appearance for Lument’s......
Barings Announces $53.5M Financing For 3368 Washington
Finance News

Barings Announces $53.5M Financing For 3368 Washington

Fintech News Desk
by Fintech News Desk0
Biggest Affordable Housing Development in Boston for Individuals Moving Out of Homelessness Barings, one of the world’s leading investment managers, announced that it has provided $53.5M in loan commitments to finance the development of 3368 Washington, an affordable multifamily housing development in Boston, MA.  Upon completion, the nearly 1 acre development will cater......
Esusu Becomes One of the First Black-Owned Startups to Reach Unicorn Status
Finance Fintech News

Esusu Becomes One of the First Black-Owned Startups to Reach Unicorn Status

Fintech News Desk
by Fintech News Desk0
$130M Series B funding round, led by SoftBank Vision Fund 2, brings mission-driven fintech platform Esusu to a one-billion-dollar valuation Esusu, the leading financial technology company for rent reporting and data solutions for credit building, announced a new valuation of $1 billion after closing a $130 million round of funding.......
LeaseLock Hits $3 Billion In Leases Insured
InsurTech News

LeaseLock Hits $3 Billion In Leases Insured

Fintech News Desk
by Fintech News Desk0
Insurtech increases housing accessibility for renters by replacing deposits across portfolios -LeaseLock, the world’s leading insurtech provider for real estate, announced a milestone achievement of $3 billion in leases insured for residential apartment homes. The milestone comes after the company experienced 400% growth in homes on platform over 2021, signaling accelerated......
NextPlay Technologies Reports Fiscal Q3 2022 Record Revenue of $4.2 Million, up 59% Sequentially
Business Digital News

NextPlay Technologies Reports Fiscal Q3 2022 Record Revenue of $4.2 Million, up 59% Sequentially

Fintech News Desk
by Fintech News Desk0
NextPlay Technologies, Inc., a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, reported results for the third quarter of fiscal 2022 ended November 30, 2021. Fiscal Q3 Financial Highlights Achieved record quarterly revenue of $4.2 million, +59% from the previous quarter. This compares very favorably to $0 revenue......
Azibo Secures $19 Million Series A Led by SVB Capital
Fintech News

Azibo Secures $19 Million Series A Led by SVB Capital

Fintech News Desk
by Fintech News Desk0
RET Ventures, Liberty Mutual Strategic Ventures, Victory Park Capital, and Gaingels Join Existing Investors Canaan, Khosla Ventures, QED Investors, Camber Creek, Assurant Ventures, and Context Ventures Azibo, the free, one-stop-shop financial services platform for the rental property market, announced a $19M Series A round led by SVB Capital, with participation from......
Avanta Residential Reaches Financial Close For Homes at Painted Tree in McKinney, Texas
Fintech News

Avanta Residential Reaches Financial Close For Homes at Painted Tree in McKinney, Texas

Fintech News Desk
by Fintech News Desk0
Avanta Residential announced that the firm closed the construction financing for its Painted Tree build-for-rent project with J.P. Morgan.  This marks Avanta’s second project under the Avanta brand in Texas and J.P. Morgan’s first financing in the single-family Build-for-Rent sector. Latest Fintech Insights: Global Retirement Technology Provider Smart Enters Into Agreement to......
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......
1