Sierra Nevada Properties

Real Estate Technology, Mortgage and Lending

Lower and Opendoor | January 19, 2023

The financial services company Lower recently announced the launch of its brand new mortgage-as-a-service (MaaS) platform, which makes it simple for consumer brands to provide mortgage solutions to clients. After conducting a successful test of the service, Opendoor, the industry-leading e-commerce platform for residential real estate transactions, has decided to outsource all its mortgage fulfillment to Lower. Setting up an in-house mortgage lending operation has bee...

essensys plc | June 19, 2020

essensys, the leading global provider of mission critical software-as-a-service ("SaaS") platforms and on-demand cloud services to the flexible workspace industry, announces the launch of STEP, its Software and Technology Enabled Property solution, designed to equip landlords and property owners with the technology needed to address the growing demand for flexibility. Occupiers' demand for flexible real-estate products is accelerating. Landlords are under increasing pressure to man...

Real Estate Investment

Blackstone Real Estate Income Trust | June 24, 2022

Blackstone and Preferred Apartments Communities, Inc. announced that Blackstone Real Estate Income Trust, Inc. has completed its previously announced acquisition of PAC for $25.00 per share of common stock, without interest, in an all-cash transaction valued at approximately $5.8 billion. The holders of each series of PAC’s preferred stock will receive the $1,000 per share liquidation preference for each share of preferred stock plus accrued but unpaid dividends thereon, without interest. ...

prnewswire | August 27, 2020

Red Oak Capital Group ("Red Oak"), an investment manager and provider of debt capital solutions for commercial real estate projects, today announced that Red Oak Capital Fund V, LLC ("the Fund") has been fully qualified by the SEC and is now open to investor subscriptions. The Fund is a Regulation A+ Tier II bond offering designed to provide investors with a vehicle to access the commercial real estate space. The bonds are securitized by senior secured commercial mortgage not...