Kiavi has packaged up more than $5.1 billion in “residential transition loans” for sale to investors. The latest deal — the first to be evaluated by a credit rating agency — was oversubscribed and bumped up to $400 million. Continue reading
Kiavi upsizes its 16th securitization to $350 million and says largest deal since November 2021 brings total issuance since 2019 to $4 billion. Continue reading
Backflip is an outstanding example of just how well technology can flatten the long-manual, vexing real estate practice of finding and eventually flipping, single family properties. Continue reading
The fix-and-flip housing market continues to shrink as real estate investors struggle to find deals. High interest rates are to blame, according to a new John Burns Real Estate Consulting survey. Continue reading
After unloading $218 million in unrated residential transaction loans in June, CEO Michael Bourque said markets for such deals “are certainly tough right now.” Continue reading
Slowdown in bidding wars is “having a predictable impact on profit margins for investors,” said Rick Sharga, executive vice president of market intelligence from Attom, in the latest report. Continue reading
Investors flipped more homes in 2021, balancing a welcome fast-moving market with an unwanted decline in gross profits. Continue reading
GroundFloor invests in debt products that fund a number of types of real estate projects, including residential single-family homes, multi-family homes of up to four units, townhomes, condominiums, planned unit developments and new construction. Continue reading
In essence a fix-and-flip iBuyer, Sundae spends an average of $65K on each home it buys to ready it for the market. Now, its homes will sell through its sister brokerage, Sundae Homes. Continue reading
Chris Haddon sits down with D.C. agent and investor Cher Castillo, who shares why jumping into real estate — both investing and working with clients — has ultimately created her success and what she’s learned along the way. Continue reading