BBVA USA launches milestone green commercial real estate loan throughout its footprint

prnewswire | September 17, 2020

BBVA USA has launched a sustainability-focused commercial real estate loan for clients across its footprint, marking a milestone in the bank's new 5-year strategic plan implemented in January 2020.  The loan is designed to help small business owners with closing costs related to the purchase of commercial real estate, provided the property meets certain environmental sustainability standards. The loan is another step the bank is taking in support of the second pillar of its strategic plan - focusing on aligning business efforts with economic, social and environmental sustainability.

Spotlight

Marvin Banks, a corporate advisor for Cortland Partners, discusses his longtime relationship with Axiometrics and how Axio’s metrics has helped his companies’ return on investment.

Spotlight

Marvin Banks, a corporate advisor for Cortland Partners, discusses his longtime relationship with Axiometrics and how Axio’s metrics has helped his companies’ return on investment.

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MARKET OUTLOOK

Jetty Announces Partnership with AMLI Residential

Jetty | August 27, 2021

Jetty, the financial services company on a mission to make renting a home more affordable and flexible, today announced a new partnership with AMLI Residential, one of the preeminent multifamily companies in the nation. Jetty Deposit, the deposit replacement that swaps traditional cash deposits for a low monthly or one-and-done payment, is now available across more than 22,000 luxury apartments within AMLI's portfolio. "Jetty Deposit has enabled us to ensure compliance with deposit replacement legislation, while at the same time increasing the levels of protection we have across our apartments," said Kenda Hartmann at AMLI. "Residents love the option of reducing their move-in costs, which helps us attract more prospects and convert them into leases." Jetty works with top property managers across the country to increase lease conversion rates, reduce bad debt, and streamline operations—thereby increasing net operating income. In addition to AMLI Residential, partners include Greystar, LivCor, Related, MG Properties, Cortland, Gables Residential, and many more, representing more than two million units nationwide. ABOUT JETTY Jetty is on a mission to make renting a home more affordable and flexible for everyone. As a fintech company, Jetty's solutions help property managers increase lease conversion, reduce bad debt, and streamline operations. For renters, Jetty lowers the barrier to entry by saving thousands of dollars on move-in costs. ABOUT AMLI AMLI Residential focuses on the development, construction and management of environmentally responsible, luxury apartment communities throughout the country. Founded in 1980, AMLI is owned by PRIME Property Fund, a core commingled institutional fund. AMLI currently owns and manages 72 apartment communities including 23,000 apartment homes and has approximately 5,000 additional apartment homes under development and/or in lease-up at 12 locations. AMLI is a leader in multifamily sustainability. Forty-seven AMLI communities are LEED®-certified, and forty-four communities are ENERGY STAR®-certified.

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REAL ESTATE TECHNOLOGY

Black Knight Announces Strategic Alliance With Percy to Provide an Advanced Client Engagement Solution

Black Knight | June 01, 2022

Black Knight, Inc., an award-winning software, data and analytics company that drives innovation across the real estate and mortgage continuum, announced a strategic alliance with Nashville-based Percy – formerly known as Buyside – a data analytics and marketing company that collects and analyzes real estate consumer behavior using machine learning and artificial intelligence. The alliance will allow Black Knight to offer clients a new, advanced consumer engagement solution fueled by billions of behavioral datapoints that helps real estate professionals and lenders cultivate deeper customer relationships. Using proprietary machine learning to monitor homeowner behavior "signals" through custom landing pages with engaging content (e.g., property valuations, local buyer demand and market activity, monthly email reports, listing activity on client websites, etc.), Percy helps identify the precise timing that a homeowner is likely to transact. Percy's predecessor was launched to help brokerages match buyers to listings, but in the time since, it's evolved into an ecosystem that spans mortgages as well as real estate, across both the buy and sell sides of the real estate equation. Today, Percy analyzes billions of pre-buying as well as pre-selling signals in real estate consumers' behavior to empower loan officers, real estate agents and brokers with actionable intelligence." Charles Williams, Percy founder and chief executive officer The application creates an engaging experience for home buyers and potential sellers through a personalized digest of insights related to their homes. Providing multiple valuation estimates to increase accuracy, timely and current home equity statements, refinance opportunities and more helps build trust and cultivate deeper, richer customer relationships. "Today's housing market is categorized by record-low inventory and record-high home prices, which – together with sharply rising rates – continue to put downward pressure on purchase lending," said Black Knight Data & Analytics President Ben Graboske. "As everyone in our industry is aware, generating inventory is key to lessening affordability pressures as well as keeping lender and real estate agent pipelines full. This strategic alliance with Percy will allow our clients across real estate and mortgage to use an AI-powered, big-data-fueled approach to intelligently engage with those customers, to build business while also generating inventory." About Black Knight Black Knight, Inc. is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively. Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serve their customers. About Percy Percy.ai is a data analytics and marketing company delivering more revenue opportunities to real estate brokers and mortgage companies by collecting and analyzing real estate consumer behavior. We use proprietary machine learning and Artificial Intelligence to better understand consumer intent and help companies target the right person at the right time.

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Fathom Holdings Completes Acquisition of Epic Realty Acquisition

Fathom Holdings, Inc. | July 02, 2021

Fathom Holdings Inc., is a national, technology-driven, end-to-end real estate services platform integrating residential brokerage, mortgage, title, insurance, and SaaS offerings for brokerages and agents. Fathom announced today that it had completed the acquisition of Epic Realty through its wholly-owned subsidiary, Fathom Realty Holdings, LLC. The transaction's terms were not revealed. Epic is a fast-growing regional agency based in Meridian, Idaho, near Boise, that offers full-service residential real estate services to buyers and sellers. Fathom is replacing Epic as the company's name. McCloud and Hodson will oversee Fathom's brokerage activities in Idaho on a daily basis. Fathom Holdings, Inc. Fathom Holdings Inc. is a national, technology-driven real estate services platform that connects residential brokerage, mortgage, title, insurance, and SaaS products to brokerages and agents via the use of its cloud-based software, intelliAgent. Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, Real Results, and Verus Title are among the company's brands.

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