Items Tagged with 'Real estate investor'

ARTICLES

  • Lenders: Goldman Sachs, Zillow entering fix-and-flip market is a good thing

    “A rising tide lifts all boats”
    Over the last few years, the market for financing fix-and-flip projects and single-family rentals has grown significantly. In just the last year or so, massive players like Goldman Sachs, Zillow, Redfin, and others have entered those markets. And one might think that current operators in the fix-and-flip market would view those big companies entering the market as a bad thing, but that’s not the truth.
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  • Crowdfunding lending platform Groundfloor turns to crowdfunding to raise money, for itself

    Aims to raise $7 million by inviting public to buy shares in company
    Groundfloor, a real estate lending platform that raises its loan funds via crowdfunding from the public, is turning to crowdfunding to raise money for something else – itself. But, the company is not going the Initial Public Offering route via the New York Stock Exchange or Nasdaq. Rather, Groundfloor is launching an online public offering, in which it’s seeking to raise more than $7 million from the public.
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  • CoreVest expands into wholesale lending for real estate investors

    Seeks brokers who serve investors
    CoreVest American Finance Lender, the lender formerly known as Colony American Finance, is expanding into wholesale lending for real estate investors. To lead the company’s expansion into wholesale lending, CoreVest hired Samuel Bjelac to serve as vice president of wholesale lending.
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  • Former attorney gets 3+ years in prison for defrauding real estate investors

    Bilked at least four investors out of $1 million total
    A former attorney from New York will spend more than three years in prison for defrauding real estate investors out of at least $1 million. According to the U.S. Attorney’s Office for the Southern District of New York, Brandon Lisi received a sentence of 38 months in prison for his role in a scheme to defraud at least four individual investors in real estate transactions of more than $1 million.
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  • Crowdfunding platform Groundfloor boosts lending capability by $100 million

    Deal with Direct Access Capital allows company to significantly grow lending base
    Groundfloor, a residential real estate crowdfunding platform, is set to grow its business thanks to a new agreement with Direct Access Capital, a specialty finance company focused on providing liquidity to non-bank lenders of short-term, residential-backed business loans. Through a whole loan purchase relationship with Direct Access Capital, Groundfloor plans to increase its loan origination volume and expand its product offerings over the next year to the tune of $100 million.
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  • Lima One Capital buys RealtyShares’ residential investor lending business

    RealtyShares to focus on growing multifamily, office, retail, and industrial business
    A few months ago, RealtyShares, which bills itself as the “leading online marketplace for real estate investing,” bought its biggest rival in commercial and multifamily real estate real estate lending, Acquire Real Estate. As it turns out, that acquisition provided a clue about RealtyShares’ future, because the company is selling its residential lending business and plans to focus entirely on commercial and multifamily lending instead.
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  • Why now is the perfect time to invest in real estate

    Housing is on an upswing
    If you're on the fence about getting into real estate investing, now may be the best time to take that first dive into the business. While the real estate market is constantly moving up and down, in recent years, it appears to be on an upswing. Here are three reasons to help you get off the fence and make a decision.
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  • NBA players schooled on real estate investing by former stars

    Warned to be cautious of "cutthroat" investors
    For most NBA players, their playing careers are over just as the rest of us are settling into our chosen professions. The difference between them and us (in addition to, you know, athletic ability) is that, in some cases, they’ll retire with a lot of money and a lot of time on their hands. So what will they do with their money and their time? For some former players, investing in real estate becomes their game of choice, but that game comes with a lot of risk.
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  • Here are 4 reasons to stay invested in US housing

    The stock market may be volatile, but housing isn’t
    While the stock market has been volatile the past few months, the housing market hasn’t. In a sponsored content piece in Quartz, PIMCO outlined four reasons why there are still plenty of opportunities left in housing.
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  • Real estate investor gets 7 years in $15M mortgage fraud scheme

    Complex conspiracy involved money laundering, straw buyers
    A real estate investor was sentenced to 84 months in prison for conspiring to defraud financial institutions and launder stolen funds as part of a $15 million mortgage fraud scam that used phony documents and straw buyers to make illegal profits on overbuilt condos.
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