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Cambridge Wilkinson to launch $100M private lending platform

Housing Wire

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 307
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Home equity agreement firm Unlock completes $30M Series B round

Housing Wire

Home equity fintech Unlock Technologies has landed a Series B funding round that includes a $30 million investment by D2 Asset Management. Unlock, a provider of home equity agreement (HEA) contracts, claims it has experienced 98% year-over-year growth in the number of homeowners who chose its product.

Equity 433
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MAXEX lands equity investment, partnership to expand liquidity

Housing Wire

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. Terms of the transaction were not disclosed.

Equity 370
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With lower costs and other value, rural areas are enticing for older homebuyers

Housing Wire

People come from Florida , Texas, Georgia or from Illinois in an effort to avoid the traffic and the high taxes and some people are buying a farm and hope they will have a piece of land for their kids, he said. This is Mayberry. We dont have the traffic and we dont have the crime and we dont have (high) cost of living, either.

Equity 413
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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years.

Equity 468
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Stavvy lands $40 million Series A for aggressive growth

Housing Wire

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. The lead investor in the Series A round, Morningside Technology Ventures, is a private equity and venture capital investment firm based in Cambridge and Hong Kong.

Land 448
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As boomers retire with record housing wealth, finding accessible housing is a challenge

Housing Wire

” One of the reasons that boomers may be having these challenges could come down to restrictive land-use policies, according to the article. . “There’s a lot of people in the middle, homeowners included, who are stuck.”

As-is 418