Bluestone & Hockley Real Estate Services

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...

PropertyWire | January 28, 2020

Historic estate agency group Humberts has been purchased by a consortium of franchise owners after falling into administration in December 2019. The firm has been purchased by Humberts Group Limited from insolvency practice Begbies Traynor. A scattergun approach to growing the company was blamed for its troubles. Humberts franchised at least one office, opened a prime central London branch – at odds with its reputation as a rural agency – and launched a new homes division. Tim Stephe...

Real Estate Technology

prnewswire | February 02, 2021

Schottenstein Real Estate Group, one of the biggest land improvement organizations in the Midwest, declares the offer of three of their advancements adding up to $177 million. The Delaware County advancements included are Powell Grand Communities, situated on Sawmill Parkway and Seldom Seen Roads, and Northlake Summit situated at Route 36/37 and I-71, which were offered to Cortland. Furthermore, Central Gardens Grand situated in Palm Beach Gardens, FL was offered to L&L Investors. Overseeing...

FULECAP | June 17, 2020

Toronto-based company, FULECap, has recently made its debut into the Canadian real estate marketplace by innovating a virtually unlimited and rapidly-available Refundable Deposit Financing (RDF) for commercial real estate buyers. The RDF program provides commercial real estate buyers with short-term deposit capital during the Due Diligence (DD) period, typically the 30 to 90-day cycle before the deal is considered firm. Each deposit loan is held in the vendor’s lawyer’s trust account...