MARKET OUTLOOK, MORTGAGE AND LENDING
Affinius Capital | March 13, 2023
USAA Real Estate recently announced it has successfully consummated a decade-long partnership with Square Mile Capital after acquiring the balance of Square Mile Capital in 2021. The final integration of the investment management platforms would be under a new corporate brand, Affinius Capital®. The company will continue to offer strategic equity and debt capital, and it will continue to capitalize on the growing demand for structured credit, technology-driven real estate assets, and flexible deal structures while addressing the pressing need for rental housing solutions under the new corporate brand name Affinius Capital.
The same dedicated and diverse group of senior leaders will be operating Affinius Capital, using the disciplined approach as previously to invest and align interests that have made USAA Real Estate and Square Mile Capital successful. In addition, former Square Mile CEO Craig Solomon will now be the CIO and Vice Chairman of the new company.
Affinius Capital, with the original approach of the two integrated companies, will continue to put its clients and their interests first and ensure they align with its own goals. It will also continue to look for risk-adjusted returns that have a positive and measurable effect on society while keeping its multifaceted focus on creative and dynamic solutions that use technological advances in digital automation, predictive analytics, and artificial intelligence. The company's headquarters will remain in San Antonio and New York, and regional experts will continue to operate in Amsterdam, Atlanta, Dallas, Chicago, Phoenix, Los Angeles, San Francisco, Seoul, and Washington, D.C.
About Affinius Capital
San Antonio, Texas-based Affinius Capital and affiliate companies invest across the risk spectrum for a client base worldwide, managing more than $35 billion within a diversified portfolio across Europe and North America as net assets under management. It offers strategic equity and debt capital to capitalize on the escalating demand for technology-driven real estate assets to meet the critical demands for housing solutions and other capital and market structure opportunities exhibiting convincing risk-return characteristics.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
ICSC | February 15, 2023
On February 14, 2023, ICSC, the member organization for industry advancement, announced its participation in an industry-wide alliance, The Commercial Real Estate Diverse Supplier (CREDS) Consortium, to foster supplier diversity in the real estate industry. CREDS, comprised of seven real estate trade associations, aims to accommodate the rising demand from real estate firms for increased supply chain diversity and promotes the use of services provided by Minority and Women-owned Business Enterprises (MWBEs).
ICSC works with CREW Network, NAIOP, Nareit, the National Multifamily Housing Council, Mortgage Bankers Association, and the Real Estate Roundtable as a founding member of CREDS Consortium. In addition, the alliance has launched a pilot program of two years with the leading supplier management software platform SupplierGATEWAY to help their members with tracking, identifying, reporting, and engaging with MWBEs.
Members of ICSC can sign up for SupplierGATEWAY's software platform at a discounted price to search for, connect with, and even hire MWBE suppliers. Through the CREDS portal, they will also be able to post their purchase orders and have other opportunities to do business. During the pilot program, the Consortium wishes to learn more about trends in supplier diversity in the real estate industry.
Tom McGee, ICSC President & CEO, said, "ICSC is committed to advancing diversity, equity and inclusion in the Marketplaces Industry and giving our members ways to identify and source MWBEs is one way we can do this." He also said, "The CREDS Consortium helps meet the growing demand for diversity in service providers and offers our members direct access to the tools and resources they need to support their own DEI goals. We are proud to be a founding member of the Consortium and look forward to working closely with the partner organizations to further this important initiative."
(Source: Business Wire)
Founded in 1957, ICSC is a member organization that works to improve the industry. It promotes and raises the status of the places where people shop, eat, work, play, and gather as important parts of communities and economies. It creates experiences that bring people together and make deals happen. It also fights hard to change public policy, creates high-impact marketing and public relations that change people's minds, gives professionals a solid foundation for success, and makes forward-thinking content with actionable insights that further drive growth in the industry.
REAL ESTATE TECHNOLOGY, MORTGAGE AND LENDING
PRweb | March 17, 2023
BatchService, a leading real estate data and SaaS provider, has introduced the first list building tool that allows businesses to build custom property lists and enrich them with the most accurate contact information on the market–solving the problem of solution fragmentation. From real estate to marketing services, ListBuilder is designed to give businesses on-demand access to industry-leading property, owner and contact data.
“We’re excited to help businesses leverage property and owner data to improve targeting, increase marketing performance, and drive growth,” said BatchService CEO Jesse Burrell. “As a real estate investor, I remember having to jump between multiple platforms to get quality data. It led to a lot of wasted time and money. This solution eliminates that waste and improves deal potential tremendously. We believe it’s a game changer.”
Developed to meet the needs of businesses of all sizes and industries that use property data, ListBuilder is a self-service platform with transparent pricing, real-time results, and a host of custom list building capabilities.
In-depth data – With more than 180 property, owner, and financial filters, there are millions of combinations to help users build targeted lead lists
Quick lists - With 35 of the most popular search filters–including absentee owner, high equity, tired landlord, and more–users can create custom lists in minutes
Right-party contact data – Enrich property lists with the most accurate and complete property owner contact information on the market
Marketing flags – Supplement property lists with buyer and seller intent data, including mortgage information, demographics, life events, and more
On-demand access – With no monthly fees and instant results, customers only pay for the data they need when they need it
Founded in 2018, BatchService offers a suite of real estate software and data services to help businesses in and around real estate find targeted leads, market more effectively, connect with property owners, and close more deals. The company’s technology solutions are powered by industry-leading property and owner data that’s enriched by data science, proprietary algorithms, and a data verification loop.
BatchService is a real estate data and technology company. At BatchService, we provide visibility into real estate assets through real-time property intelligence, empowering real estate professionals to better identify opportunities and directly engage with property owners, investors, and agents. BatchService provides a suite of tools to manage client records, organize lists, comp properties, and surface investor insights. Our developer-friendly API endpoints fuel innovation for the proptech ecosystem.