News

Follow today’s top stories and exclusive headlines for U.S. private real estate lending and members of the American Association of Private Lenders.

Sharestates Launching New Marketplace in Arizona

By |2021-06-08T13:20:21-05:00February 14th, 2018|News, Technology|0 Comments

Marketplace lending continues to grow as Sharestates remains committed to accessibility in new markets across the United States Sharestates, an online real estate investment platform, announced their inception into the Arizona Banking Department roster of lenders as Sharestates Investments LLC, NMLS ID number 1538766. With this launch, Sharestates will be offering their loan products to [...]

By |2021-06-08T13:20:21-05:00February 14th, 2018|News, Technology|0 Comments

John Warren, founder of Lima One Capital, announced he is running for SC governor

By |2018-08-07T02:38:11-05:00February 12th, 2018|Advocacy, News|0 Comments

Describing himself as the best-qualified candidate to solve the state's problems, Greenville businessman John Warren announced February 12, 2018, that he is jumping into the Republican race for governor. Warren, a 38-year-old Marine veteran, is seeking elected office for the first time. “I am businessman, a conservative and a Marine," Warren said during an interview at [...]

By |2018-08-07T02:38:11-05:00February 12th, 2018|Advocacy, News|0 Comments

INCA Capital acquires Scottsdale Private Lending

By |2018-08-07T02:38:12-05:00February 7th, 2018|Market, News|0 Comments

One of Arizona’s largest private real estate financing firms, INCA Capital, LLC (INCA), has acquired Scottsdale Private Lending (SPL) and named Phil Sollomi as vice president. Sollomi will leverage 30 years of experience in commercial real estate financing to be largely responsible for loan origination and underwriting. In addition to having brokered deals together throughout [...]

By |2018-08-07T02:38:12-05:00February 7th, 2018|Market, News|0 Comments

Florida Attempting to Regulate Private Lending

By |2021-06-08T13:51:19-05:00February 2nd, 2018|Advocacy, News|1 Comment

What You Need to Know and What you can do In 2008, the United States Congress passed the Safe and Fair Enforcement for Mortgage Licensing Act (SAFE Act), which required all state regulators to regulate mortgage loan originators who originated consumer loans secured by 1-4 unit residential properties (“Dwelling”). The states were empowered to legislate [...]

By |2021-06-08T13:51:19-05:00February 2nd, 2018|Advocacy, News|1 Comment

AAPL EXCELLENCE AWARDS

By |2021-06-08T14:10:24-05:00January 31st, 2018|News|0 Comments

The American Association of Private Lenders (AAPL) announced the winners of the 2017 AAPL Excellence Awards at the organization’s 2017 annual conference on Nov. 14 at Caesars Palace in Las Vegas. AAPL's Awards Committee selected the following winners (from left to right): A.J. Poulin, Applied Business Software, Service Provider of the Year Bob Eakin, JCAP, [...]

By |2021-06-08T14:10:24-05:00January 31st, 2018|News|0 Comments

CoreVest Announces Inaugural Deal with Freddie Mac

By |2018-08-07T02:38:19-05:00December 7th, 2017|News|0 Comments

CoreVest, the leading lender to residential real estate investors, announced that it has recently been approved under a pilot program with the Federal Home Loan Mortgage Corporation ("Freddie Mac") to provide enhanced liquidity in the Single-Family Rental ("SFR") market.  The pilot is expected to expand financing options for investors in SFR rentals for workforce and [...]

By |2018-08-07T02:38:19-05:00December 7th, 2017|News|0 Comments

PeerStreet’s Brew Johnson Named 2017 HousingWire Vanguard Award Winner

By |2021-06-08T13:20:29-05:00December 5th, 2017|News, Technology|0 Comments

PeerStreet, a marketplace for investing in real estate backed loans, is honored to announce that its Co-Founder and CEO, Brew Johnson, has been named to HousingWire’s 2017 list of Vanguard Award winners. HousingWire’s 2017 Vanguard Award recognizes top leaders from all areas of the mortgage industry, including those in lending, real estate and investing. Brew [...]

By |2021-06-08T13:20:29-05:00December 5th, 2017|News, Technology|0 Comments

Sharestates Launches One Click Closing Option

By |2021-06-08T13:20:35-05:00December 4th, 2017|News, Technology|0 Comments

Sharestates, an online real estate investment marketplace, announced the launch of its new One Click Closing tool, a feature that will allow return borrowers to visit a page where they can upload all the details and documents required for a new loan, allowing for a seamless transfer of closing date information without further communications. The [...]

By |2021-06-08T13:20:35-05:00December 4th, 2017|News, Technology|0 Comments

The Impact of Severe Weather on Real Estate Prices

By |2018-08-07T02:38:21-05:00November 29th, 2017|Market, News, Strategy|0 Comments

National trends provide some answers, but every local market is different. By Mark Melikian Predicting real estate prices can be like predicting the weather. We can analyze all the major national trends, see where the cold and warm fronts are moving, and guess what the impacts will be for the local markets, but we can [...]

By |2018-08-07T02:38:21-05:00November 29th, 2017|Market, News, Strategy|0 Comments

To Bank, or Not to Bank?

By |2018-08-07T02:38:21-05:00November 29th, 2017|Market, News, Strategy|0 Comments

Construction, commercial and land financing in today’s climate By Jeff Levin Things have gotten noticeably chillier when it comes to bank loans for the construction, commercial real estate and land markets. Developers are suddenly getting the cold shoulder from previously helpful local banks. This change in attitude is a bit curious given strong GDP growth, [...]

By |2018-08-07T02:38:21-05:00November 29th, 2017|Market, News, Strategy|0 Comments

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