Tag Archives: real estate

Introducing CoStar for Lenders, a revolutionary live integration of data, models and analytics for commercial real estate lending

WASHINGTON–(BUSINESS WIRE)–Today, CoStar Group, Inc. (NASDAQ: CSGP) announced the launch of CoStar for Lenders, a fully integrated platform that combines a user’s commercial real estate loan portfolio with the power of advanced properties of CoStar; market analyses; and the proprietary COMPASS credit default model, a premier tool for over 17 …

Read More »

China outlines plan to stabilize economy in crucial year for Xi

BEIJING — Plowing past global concerns over war engulfing Ukraine, China has set its economy on a path of steady expansion for 2022, prioritizing growth, job creation and economic development. increase in social welfare in a year when the national leader, Xi Jinping, is about to claim a new term …

Read More »

Home transactions fall 54% in January on loan restrictions

SEOUL, 28 Feb. (Yonhap) — Real estate transactions in South Korea fell more than 50 percent in January amid tight credit restrictions and rising interest rates, government data showed Monday. The number of homes changing hands nationwide stood at 41,709 units last month, down 54% from a year earlier, according …

Read More »

Rise in lending to the non-performing sector is responsible for the liquidity crunch

Despite central bank directives repeatedly to banks and financial institutions to increase the share of lending to the productive sector, banks have increased lending to the unproductive sector in recent years. A study by the Confederation of Banks and Financial Institutions of Nepal (CBFIN) found that lending to the nonperforming …

Read More »

Real Estate Stylist – Pedestrian Jobs

Maybe it’s the way the reflection on a coffee table lights up a room. The way a framed piece of art holds your gaze for a moment longer. Or, perhaps, why the color of a cushion appears on a sofa. Those times when a buyer falls in love with your …

Read More »

Companies are spending millions on virtual real estate in the Metaverse

While most of us still can’t afford to buy a home in the real world, investors are pouring millions of dollars into buying virtual land in fake land. CNBC reports that since Facebook became Meta, prices for digital plots have increased 500%. A company said it spent more than $2.5 …

Read More »

Wellcome Trust pledges to spend £ 16bn as Covid becomes rampant

The Wellcome Trust to increase research spending to £ 16bn over the next 10 years as UK’s largest charitable donor focuses on funding second and third generation vaccines as the world braces for Covid-19 to become endemic. Sir Jeremy Farrar, director of Wellcome and former member of Sage, said he …

Read More »

The 10 Best Reverse Mortgage Daily Stories of 2021

2021 has now passed, and with it another atypical year for the reverse mortgage industry, the United States, and the rest of the world. While 2020 was understandably dominated by the onset of the COVID-19 coronavirus pandemic and the company’s adjustment to it, there were also notable national events that …

Read More »

Give a hand; comfort food from Latin America in Montclair (Robin’s Nest)

Melissa DiMarco at work, helping to clear out a house for sale. (ROBIN WOODS) By ROBIN WOODSFor the Montclair local Have you ever met someone who you immediately pick up on, like you’ve known them for years? There was an instant connection between Melissa DiMarco and I when we first …

Read More »

January 6: How the House Select Committee Finally Exposed Trump’s Empire of Lies

But it is the greatest and most subversive victory of the ex-president that his empire of lies will surely survive new revelations that lay bare his own abuses of power and the mocking deception of the voters of his political enablers and media. While there has already been a steady …

Read More »

Infrrd Introduces Infrrd for Mortgages, Leveraging Its Proprietary and Patented Intelligent Document Processing Technology | Business

SAN JOSE, Calif .– (BUSINESS WIRE) – December 13, 2021– Infrrd, a leading provider of intelligent document processing (IDP) solutions, today announced the launch of its brand new solution, Infrrd for the mortgage. Infrrd for Mortgage automates the lending process for mortgage origination companies and mortgage management entities using Infrrd’s …

Read More »

Investor loans on a one-year winning streak

Real estate investors are trying to profit from the market, with new loan commitments reaching near record levels in October. Figures from the Australian Bureau of Statistics (ABS) show a 1.1% growth in new investor loan commitments to $ 9.7 billion. This is the 12th consecutive month of growth in …

Read More »

Liberty Union Mortgage Team Helps Homebuyers Bid Up

NORTH ARLINGTON, NJ, Nov. 20, 2021 (GLOBE NEWSWIRE) – The United States is temporarily emerging from the worst of the coronavirus pandemic, and the real estate market has not been this hot in decades. That’s why a mortgage lender urges buyers to act quickly and get offers accepted to beat …

Read More »

CIM Group Provides $ 150 Million Guaranteed Student Housing Loan in San Jose, Calif.

SAN JOSE, Calif .– (COMMERCIAL THREAD) – CIM Group, a community-driven owner, operator, lender and developer of infrastructure and real estate, today announced that a fund managed by CIM has closed a $ 150 million loan to AMCAL Equities and Star America to refinance The Grad, a student housing development …

Read More »

Rise in Mortgage Loans Caused by Stamp Duty Deadline

Mortgages reached £ 9.5bn in September, more than double their August level, as buyers rushed to complete their home purchases before the expiration of a duty holiday. stamp in England and Northern Ireland. There were few signs that the end of the tax break had been followed by a serious …

Read More »

Banks see strict lending for commercial real estate

Banks see strict credit rules for commercial real estate loans in the fourth quarter of the year, but easing for individual borrowers, according to the Bangko Sentral ng Pilipinas (BSP). The central bank said responses from lenders in its survey of top bank loan officers (SLOS) in the third quarter …

Read More »

Demand for bank loans is not strong except for home loans

The country’s major banks reported profits this week, and overall their profits have risen – a lot. This is in part because they are setting aside less money to cover bad debts than they were earlier in the pandemic. That doesn’t necessarily mean they’re loaning out more money, however. There …

Read More »

Effi joins forces with the SME loan comparator

The mortgage brokerage platform has partnered with a business loan comparison site to allow professional clients of the site looking for housing to connect with a broker. Effi (short for efficiency) announced a partnership with business loan comparison site ebroker.com.au, which would allow ebroker to match its website visitors with …

Read More »

Where to invest $ 1,000 right now

There is more than one way to be successful in investing, but one of the best proven strategies is a simple buy and hold strategy. Being patient, even in the face of massive sales in the market, wins more often than it loses, as stocks tend to rise over the …

Read More »

Banks tighten lending to real estate businesses

The banking sector sharply reduced outstanding loans to real estate activities in the first half of 2021 and will maintain these limits in the second half. Many banks reduced outstanding loans for real estate activities in the first 6 months. (Photo cafef.vn) According to the audited semi-annual financial statements, many …

Read More »

Rocket Mortgage enters the solar industry

Rocket companies, parent of Rocket mortgage, has its eyes on the solar energy industry, announcing this week that it will enter the green energy game by 2022. According to the Detroit-based company, it will leverage the same technology, data and customer experience used in mortgage, real estate and personal lending …

Read More »

Some alternative loans in the Philippines

IT is said that if we can avoid having debt, we should avoid having debt. However, when the economy is bad and available resources are limited, borrowing takes place to make ends meet. In the Philippines, if the banks are unable to provide loans, citizens can still borrow. Different alternatives …

Read More »

RAKBank sees UAE’s business loan demand accelerate

RAKBank sees clear signs of improving business confidence in the UAE with a gradual recovery in credit demand supported by strong economic fundamentals. Image Credit: Atiq-ur-Rehman / Gulf News / archive Dubai: The National Bank of Ras Al Khaimah (RAKBank) has been at the forefront of extending financing to small …

Read More »

AFC Gamma, Inc. announces launch of common share offering

WEST PALM BEACH, Fla., June 21, 2021 (GLOBE NEWSWIRE) – AFC Gamma, Inc. (“AFC Gamma”) (Nasdaq: AFCG), a commercial real estate finance company that provides loans to operators in the cannabis industry , announced today that it has launched a subscribed public offering (the “Offer”) of 2,750,000 shares of its …

Read More »

Mortgage rally – redesigned and highest products …

Roma Finance believes that the increase in inquiries and business demonstrates the growing need for specialist finance and the appetite of property owners and investors to pursue their own growth aspirations. The lender says it is focused on providing an “extraordinary experience” for its broker partners and clients, with unlimited …

Read More »

Lots of growth, not enough workers or supplies for the U.S. economy

Last month, employers added 559,000 jobs on top of the 278,000 in April. These would normally be considered fairly healthy numbers. Yet, against the backdrop of record job openings and spending consumers, forecasters expected many more hires. Some economists had envisioned the recovery from the pandemic recession resulting in monthly …

Read More »

Mortgage credit explodes | Esperance Express

New home loans rose 3.7% in April to a new record high of $ 31 billion. The value of new investor housing loans rose 2.1% to $ 8.1 billion in April, the highest level since mid-2017, the Australian Bureau of Statistics reported on Friday. The value of new home owner …

Read More »

WeWork imploded in 2019. The pandemic brought it back to life.

As U.S. companies strive to get workers back to their cubicles through meditation classes and elevator apps, the pandemic may have opened up a new opportunity for besieged flexible rental company WeWork to do so. turnaround and prosper, according to real estate analysts. “The headwinds that WeWork and other flexible …

Read More »

Microsoft reveals changes to enable hybrid work

Satya Nadella, CEO of Microsoft Corp., speaks at a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland on Tuesday, January 21, 2020. Simon Dawson | Bloomberg | Getty Images After sending its employees home last year to reduce the spread of the coronavirus, …

Read More »

This week: New home sales, Gap wins, consumer spending

A look at some of the key business events and economic indicators coming up this week: BELLWETHER HOUSING MARKET The Commerce Department released its April tally of new US home sales on Tuesday. Economists expect the pace of sales to slow last month to a seasonally adjusted annual rate of …

Read More »

MAKE OR MARK MONEY CHOICES

Real estate, even with the current lull, can still deliver good returns on investment. Realtors said the return on investment could be as high as 35% or more, which isn’t bad. Homes have held their value for years and are viewed as a lasting asset in which investment can transcend …

Read More »

Save lakhs on the mortgage! Here is what you need to do

Not only have real estate developers seen an increase in home sales due to lower interest rates last year, they’ve also found buyers looking for larger homes. Banking entities from all walks of life have steadily reduced mortgage interest rates since the last quarter of 2020, passing the pricing benefits …

Read More »

ABC eats Westpac business lunch

It now appears to be taking action to combat this decline. Westpac boss Peter King has admitted the Sydney-based bank has been too strict in its business lending standards. “We have probably been a little cautious on our credit metrics over the past 12 months and have reversed that trend,” …

Read More »

China’s recovery remains unbalanced as retail spending slows

(Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. China’s recovery remained unbalanced in April, with industrial production and investment supported by strong exports and a hot real estate market, while retail sales missed expectations. Industrial production rose 9.8% in April …

Read More »

Nido shows mortgage lending a less risky option for investors

Monday, May 17, 2021, 2:57 p.m.Press release: Alpha First Mortgage Investments One of New Zealand’s leading non-bank mortgage lenders said the recent collapse and mortgage sale of Auckland’s large home goods store Nido exemplifies the caution with which commercial real estate investors must show evidence when investing their money in …

Read More »

Lauren Eaton, LendInvest’s Head of Lending Operations, Reveals What New, 100% Online Short-Term Loan Brokerage Portal Will Offer

LendInvest, a real estate finance fintech, notes that integrating technology throughout its lending process has been “essential for your transactions to be completed faster and more efficiently.” Over the past few months, LendInvest has been working to offer its clients a brokerage portal that will see the application process “go …

Read More »

JG Summit to increase capital spending by 28% this year

JG Summit Holdings Inc., the holding company of the Gokongwei group, said it is increasing its capital spending (capex) this year to 47.8 billion pesos, the bulk of which will be spent on its petrochemical business, promoting real estate and low cost airline Cebu Pacific losses. This year’s capex is …

Read More »

Comprehensive Report on IT Spending in Cold Chain Logistics Market 2021 | Trends, growth demand, opportunities and forecast till 2027

Get a sample report Buy the full report IT spending in the cold chain logistics market Research is an intelligence report with meticulous efforts undertaken to study accurate and valuable information. The data that was examined takes into account both existing top players and future competitors. The business strategies of …

Read More »

JV secures $ 105 million in funding for logistics center project

CHERRY VALLEY, CA – Shopoff Realty Investments has secured a $ 105 million construction loan for a logistics hub project in Cherry Valley, California. Shopoff Realty Investments is developing the project in partnership with Artemis Real Estate Partners. The company has obtained financing from OZK Bank. Located on 155 acres …

Read More »

CFPB offers plan to avoid foreclosure surges

the Consumer Financial Protection Bureau (CFPB) has proposed changes intended to help prevent impending foreclosure measures as emergency federal foreclosure protections are about to expire. There are currently nearly 2.5 million homeowners in forbearance plans according to the Mortgage Bankers Association (MBA), and in order to avoid a windfall of …

Read More »