REAL ESTATE TECHNOLOGY
Embrace Home Loans | December 03, 2021
Embrace Home Loans, a top-ranked national mortgage lender, has entered into an advertising agreement with Keller Williams Core in Long Island, New York, to help its real estate agents better attract and serve local homebuyers. The Core offices in Long Island include Garden City, Woodbury, Franklin Square and Ozone Park.
Through the agreement, Embrace will provide co-marketing strategies designed to educate Keller William Core's agents and help them promote their businesses to consumers. Embrace will also serve as the event sponsor of all the Keller Williams Core group's internal sales meetings, training events and webinars. Keller Williams Core will display Embrace's advertising materials in its offices, at open houses, through direct mail and email campaigns, and on its website and social media.
Keller Williams Core employs more than 1,000 real estate agents and serves homebuyers and home sellers in Long Island and Manhattan.
"We recognize today's consumers have an endless array of options when it comes to homebuying services, Our two companies have a very strong presence in the local Long Island market. By collaborating, we can more effectively serve homebuyers in what has become an extremely competitive marketplace."
- Frank Virga, branch manager with Embrace Home Loans in Hauppauge, New York, who developed the partnership.
"We are delighted to partner with Frank and the entire Embrace team, In today's housing market, giving our agents a competitive edge in communicating with new clients will help us to continue reaching new sales records."
- Richard Amato, operating principal for the local Keller Williams' offices.
Embrace originated $6.4 billion in mortgage loans in 2020, a company record and a 70 percent increase from 2019. The company is on track to double its retail production in 2021 and increase business in its consumer-direct and financial institutions group divisions, with a focus on purchase loans.
A Fannie Mae, Freddie Mac, FHA and VA lender, Embrace also originates non-conforming loans, including jumbo and other unconventional loans. The company processes, underwrites, funds and closes all loans in-house. Embrace has been recognized with multiple workplace awards in recent years and is known for fostering a supportive, family-like work culture and for encouraging its employees' charitable endeavors.
About Embrace Home Loans
Founded in 1983, Embrace Home Loans is a prominent mortgage lender that provides borrowers and financial institutions with an exceptional mortgage experience. Licensed in 50 states and the District of Columbia, Embrace has been recognized seven times as one of the Best Medium-sized Companies to Work for in America by Fortune and by Inc. The company has also been recognized twelve times as one of the Best Places to Work in Rhode Island, as the Most Community Involved Company in Rhode Island, and with the Leadership Excellence Award by Providence Business News. The company is based in Middletown, Rhode Island.
REAL ESTATE TECHNOLOGY
Kukun | July 14, 2021
Kukun, the leading company in property data and predictive analytics for home renovations, announced today that SoFi would integrate the new Kukun Digital Cost Estimator into the SoFi app through Relay, SoFi's financial management tool. This expansion builds on SoFi and Kukun's existing partnership, which began in 2018 when SoFi started offering Kukun and SoFi's Home Improvement Cost Calculator products to its clients. In addition, Kukun offers Relay users property data, photos, and property values using Automated Valuation Models (AVM) for individuals interested in learning more about specific home investments.
Relay will enable users to monitor the value of the owned real estate and handle different financial aspects related to the home by integrating Kukun's Property Tracking feature. Relay aspires to be the one-stop shop for SoFi members seeking a comprehensive understanding of their money. Real estate is often the most important financial investment, making it a crucial asset to monitor and manage.
Kukun's most recent Cost Estimator is now available on Relay, allowing consumers better manage their remodeling budgets for the greatest possible outcome, increasing the investment value of their homes.
Kukun will supply SoFi with Automated Valuation Models (AVM) and images and improve its existing digital estimator under the contract terms. The enhanced tool will include new rooms such as a home gym and an office and a real-time assessment of the return on investment (ROI) of any remodeling project.
Kukun is the leading provider of property data and predictive analytics, allowing homeowners to buy better, remodel smarter, and manage their homes more easily. Kukun's products assist customers, realtors, and real estate investors make smart financial decisions that create wealth. The company offers solutions that show which areas are likely to see the most price growth, profit from home improvements, estimate the cost of any renovation quickly and contain all of the information a house buyer or homeowner needs to optimize their home experience. Kukun's data and analytics solutions are also used by large companies in the investment, real estate, construction, and banking sectors. For example, Kukun is the only real estate renovation engine utilized on the websites of several of America's largest banks.
SoFi assists people in achieving financial independence so that they can pursue their objectives. Our products for borrowing, saving, spending, investing and protecting provide our more than one million members with quick access to tools to help them manage their money. In addition, SoFi membership includes the essentials for going ahead, such as career advisors and access to a thriving community of like-minded, ambitious individuals. SoFi Stadium, home of the Los Angeles Chargers and Rams, also has SoFi as a naming rights partner.
REAL ESTATE TECHNOLOGY
prnewswire | November 05, 2020
Hilco Redevelopment Partners (HRP), the real estate development unit of Hilco Global that remediates and redevelops complex and obsolete industrial properties, announced today it has hired George Needs to the position of Vice President – Mixed Use Development. Mr. Needs joins the growing HRP organization and will be a vital addition to the new urban mixed-use development team. Mr. Needs will join Melissa Schrock, who was recently brought on to lead the team, and together, they will be responsible for managing several exciting projects currently underway, including L Street Station in Boston, Massachusetts and Campus Bay in San Francisco, California, among other significant projects throughout the country. He will be based on Boston, MA.