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Real Estate Investment, Mortgage and Lending
PRnewswire | May 23, 2023
Rocket Mortgage, the nation's largest retail home lender and part of Rocket Companies (NYSE: RKT), today introduced ONE+, a new 1% down home loan program that will dramatically increase access to homeownership for millions of low-to-moderate-income earning Americans. With ONE+, a homebuyer is only required to make a down payment of 1% of the purchase price and Rocket Mortgage will cover the remaining 2% needed to reach the required threshold for conventional loans. In additi...
Market Outlook, Real Estate Investment
Enlighted | October 27, 2022
Enlighted, a leading proptech company, announced the opening of its new office in Kitchener, Ontario. The new office will be a hub for technical product development teams and further the company’s global scope as it continues to develop cutting-edge IoT and sustainability solutions at the intersection of people, space and work. “After two and a half years of the pandemic, in-office collaboration is a more critical part of hybrid working than ever before, ...
Real Estate Investment
Groundfloor | April 21, 2022
On April 20th, wealthtech platform Groundfloor announced its expansion to California while unveiling new individual loan limits. Real estate investors in the state will now be able to finance acquisitions, renovations, and the construction of new as well as accessory dwelling units (ADUs) with the help of Groundfloor’s competitive loans. The firm has also increased individual loan limits to $1.5 million. Following the announcement, Groundfloor’s award-winning lending products are now...
Kimco Realty | November 14, 2022
Kimco Realty® (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers, and a growing portfolio of mixed-use assets, today announced it acquired a private, multi-generationally-owned portfolio of eight Long Island, NY shopping centers for $375.8 million. The acquisition was funded by the issuance of a combination of cash and redeemable units and the assumption of $88.8 million of 4.1% mortgage debt with a remaining term of a...
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