The expanded platform addresses the most pressing challenges faced by debt brokers: time-consuming lender research, inefficient deal management, and fragmented data tracking. By centralizing these functions in a single, automated platform, Lev aims to significantly increase broker productivity and deal flow.

“Since our earliest days, we consistently heard from brokers about the hours lost to repetitive tasks and disjointed processes and a desire to leverage our platform for that purpose,” said Yaakov Zar, founder and CEO of Lev. “Our expanded platform is a direct response to these requests, providing brokers with the tools they need to focus on what truly matters—closing more deals and building stronger client relationships.”

Lev’s expanded platform offers a comprehensive suite of AI-powered tools that revolutionize how debt brokers operate. The platform dramatically reduces lender research time by providing the industry’s most comprehensive lender database of over 4,000 lending institutions, leveraging AI to help brokers understand every lender’s preferences, historical transactions, and current market activity. Automated deal management features, like AI-generated deal books and task automation, save hours of manual work. The platform centralizes all client and lender information, offering a unified view of deals and communications, and instantly surfaces the most relevant lenders for their specific deal. Real-time market intelligence tools help brokers structure deals more accurately and competitively for their clients.

This expansion represents a significant leap forward, empowering brokers with cutting-edge technology, setting a new standard for efficiency in commercial real estate financing, and enabling them to focus on high-impact activities that drive business growth. Lev’s platform combines powerful tools with bank-level security, allowing brokers to leverage insights while maintaining full control of their proprietary data and client relationships.

Stay Ahead of the Financial Curve with Our Latest Fintech News Updates!

The post Lev Expands Digital Platform to Support Debt Brokers in Commercial Real Estate Financing first appeared on FinTecBuzz.

The post Splitero launches Real Estate Brokerage first appeared on FinTecBuzz.

Lev, the digital commercial real estate (CRE) transaction platform, today announced $170 million in new funding. The company has closed a $70 million Series B round led by Parker89 and Cross River Digital Ventures with participation from NFX, Canaan, JLL Spark, Animo Ventures, Capital One Ventures, Citi Ventures and Citi SPRINT, StepStone Group and Blitzscaling Ventures. Additionally, Lev has secured $100 million in debt financing from Cross River‘s Strategic Direct Lending Group. The new round brings Lev’s total funding to over $200 million.

Lev is transforming the CRE industry’s notoriously manual lending process into a beautiful digital experience. Its technology provides loan seekers with instant access to customized financing, based on their precise needs, from leading financial institutions. To date, Lev is closing CRE loans up to three times faster than existing methods, which take upwards of 100 days.

“Commercial real estate is one of the largest industries on the planet, and has somehow completely resisted the fintech revolution that has taken over virtually every other industry in the past decade,” said Yaakov Zar, CEO and co-founder of Lev. “We’ve been blessed with the right team, building the right products in a gigantic industry, and that’s the driver behind our continued growth. We’re honored to have the world’s best investors, as well as leading fintech, real estate and banking institutions helping drive development and adoption of our industry-defining technologies.”

With its new funding, Lev will continue to enhance its product offerings, recruit top talent across all departments, and double down on research and development for its marketplace and end-to-end lending experiences.

“Having witnessed the increasing digitization of the residential mortgage process over the past few years, we believe that commercial lending will undergo a similar evolution,” said Nate Levin, Managing Director at Parker89. “Yaakov and the Lev team are leading this charge, and we couldn’t be more excited to partner with them as they continue to reinvent the process.”

Lev’s new funding comes in the midst of a rapid growth period. In 2021, the company closed nearly $1 billion in CRE mortgages, growing 10x year-over-year thanks to their reimagined approach to CRE financing. Lev’s growth in the last year has put it among the top 100 CRE loan originators in just its second year of existence.

“Yaakov and his team have introduced technology to disrupt the last bastion of traditional lending that is resisting the wave of innovation,” said Gilles Gade, Founder, President and CEO of Cross River. “We’ve worked closely with Lev since our initial investment and are confident they will continue to revolutionize the CREF value chain and the way borrowers and lenders interact.”

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post Lev Announces $170 Million in New Funding from Parker89 first appeared on FinTecBuzz.

Edward Fernandez

Edward Fernandez founded 1031 Crowdfunding in 2014 and has more than 20 years of experience in sales, real estate and investments. He has spent his career researching and compiling data to become an expert in the purchase and acquisition of real estate holdings. Leveraging his professional background and knowledge of sales, Fernandez has raised $675 million of equity from individual and institutional investors through private and public real estate offerings. Prior to founding 1031 Crowdfunding, he served as the senior vice president of Healthcare Real Estate Group.

The post How the JOBS Act of 2012 Revolutionized the Real Estate Crowdfunding Space first appeared on FinTecBuzz.

Commercial real estate finance expert Brian Kerns joins as Executive Managing Director. Brian will work with sponsors to invest joint venture equity on behalf of Midloch. Prior to joining Midloch, Brian was a Managing Director at CrowdStreet, one of the most successful online equity syndication marketplaces. At CrowdStreet, Brian led business development efforts in securing new sponsor relationships and sourcing deals for investors in its marketplace.

Prior to joining CrowdStreet, Brian spent nearly a decade with the CoStar Group in its Financial Services units in Chicago, New York, and London. He received an MBA from Loyola University Chicago and a joint degree in Political Science and International Relations from The American University in Washington, DC.

Brian’s role will draw from his expertise in working with local developers and operators while at CrowdStreet. Andy Sinclair, CEO, notes “Brian’s industry relationship with local developers and operators is remarkable. His relationships with these individuals will help Midloch continue to grow and bring deal access that drive strong long run returns to our investors”

The expansion of the team coincides with Midloch’s continuing growth. In March, Midloch publicly announced its second real estate fund, Midloch Value Fund II (“Fund II”), which is expected to raise $50 million. Midloch’s prior fund, Midloch Value Fund I, which launched in 2019, has closed to new investors and has acquired approximately $340 million of real estate. Fund II is bolstered by Midloch’s history of success and team growth.

Midloch focuses on the small to middle market joint venture equity investments between $1 million and $15 million, partnering with local developers. Midloch operates in the small-to-middle market space which is underserved by institutional investors but remains one of the most active investment profiles for local and regional developers.

In addition, Brooke Jackson joins the Midloch team as Director of Investor Relations. Brooke’s focus is on strengthening existing, and expanding prospective, investor relationships by managing investor communications and operations. Brooke is a board member of the Real Estate Finance Forum.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post Midloch Investment Partners Hires Two in Chicago first appeared on FinTecBuzz.

“Advocacy requires more than thought leadership,” said Ray Sturm, co-founder and CEO of AlphaFlow. “It demands action. AAPL and AlphaFlow are stepping up here to provide unprecedented access to institutional-quality data and deliver the industry’s top talent to share best practices and foster an active learning environment in private lending.”

Local private lenders have become the lifeblood of residential real estate investing. Real estate developers have increasingly turned to these lenders to fund their projects, and over the last decade, their role in the U.S. residential real estate industry has exploded. The fastest growing lenders have focused on expanding tomorrow’s market more than beating today’s competition.

“For more than a decade, AAPL has brought timely, actionable private lending news and education to our audience,” said Linda Hyde, managing director of AAPL. “We’ve found that collaboration earns the best ideas and growth potential for our membership and the industry, and look forward to reaching new and greater horizons through our partnership with AlphaFlow.”

Through this partnership, the two companies are launching a monthly seminar open to the public, to feature leading subject matter experts from across the industry. “We are at ground level in development and learning in the private lending space,” said Dana Georgiou, Senior Vice President of Lender Partnerships at AlphaFlow. “If we can empower lenders with information on how to grow their businesses to whatever their next level is, in what will feel like personal coaching sessions, then we have something to celebrate!”

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post AlphaFlow and the AAPL Announce Strategic Partnership first appeared on FinTecBuzz.

Pantheon, a global provider of diversified private markets investment solutions, ShopOne Centers REIT Inc. (“ShopOne”), a specialist investor, manager and operator of grocery-anchored shopping centers across the U.S., and a leading global institutional investor have announced a strategic partnership to invest in necessity-based and value-oriented grocery-anchored shopping centers in key growth markets across the U.S.

Specifically, the joint venture will target retail centers located in high-population metropolitan areas, as well as select college towns and established vacation destinations. It will initially recapitalize a portfolio of properties owned by ShopOne that are consistent with the target investment criteria, with the partners each investing additional capital that will give the venture the ability to deploy in excess of $1 billion.

The investment is in line with Pantheon’s real estate strategy, which was launched in July 2021 to provide flexible capital solutions to institutional-quality owner-operators seeking to recapitalize assets and fund ongoing growth across specialized sub-sectors.

“We are delighted with the strong momentum and deal flow our team has generated since launching Pantheon’s real estate strategy last year,” said Roman Braslavsky, Head of Real Estate. “Our joint venture with ShopOne showcases our strategy of accessing attractive real estate assets underpinned by strong fundamentals and identified value creation drivers, alongside specialized owner-operators.”

David Elliott, Managing Director in Pantheon’s real estate group, added: “We are excited to partner with ShopOne, leveraging the team’s depth of experience in this resilient sector to identify, invest in and improve well-located neighborhood centers that are integral to their surrounding communities.”

“We are very excited to form this partnership with two highly experienced institutional partners that possess deep relationships within the investment community,” said John Roche, Chief Executive Officer of ShopOne. “Like us, they are bullish on the near- and long-term fundamentals of grocery-anchored shopping centers and the attractive risk-adjusted returns these assets can generate. By combining forces, we have the capital and platform to strategically add scale in the markets we target and unlock value for the communities we serve.”

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post Pantheon Announces Strategic Real Estate Partnership first appeared on FinTecBuzz.

Dealpath—the industry’s most trusted, purpose-built real estate investment management platform, empowering hundreds of today’s leading institutions such as Blackstone, Nuveen, AEW, Oxford Properties, Principal Real Estate, and Bridge Investment Group to invest in the built world—today announced that Thomas Byrne has been appointed Executive Director and will join the company’s Board of Directors and Rob Cain has been appointed Senior Vice President of Product. This news comes on the heels of Dealpath’s most successful year to-date with growing demand and momentum for its solutions.

“As two of today’s most accomplished real estate tech executives with proven track records in executing strategies that foster products, businesses, and teams that continue to revolutionize the industry, Rob and Tom will play pivotal roles in steering us through our next major phase of growth,” said Mike Sroka, CEO and Co-Founder of Dealpath and recent winner of GlobeSt’s CRE Tech Influencers. “As our company continues to grow at over 100-percent clip with powerful network effects, I could not be more excited for them to join our team and cement our vision of becoming the destination for the built world to transact digitally.”

Byrne joins Dealpath following key leadership roles at VTS, where he had most recently served as General Manager of Marketplaces and VTS Market. In this position, he helped shape the launch of VTS Market platform and managed the suite of marketing solutions that were in part the result of VTS’ acquisition of Property Capsule, where Byrne was previously CEO. Prior to VTS and PropertyCapsule, Byrne served as President and Chief Operating Officer of LoopNet for 10 years, one of the fastest-growing and the most profitable companies on the Nasdaq, before its strategic acquisition by CoStar in 2012 for $900M. Byrne has also held board and advisory positions with other leading proptech companies such as Homesnap, Crowdstreet, Rentlytics, and DotLoop. Byrne holds an MBA from Harvard Business School and a BS from Georgia Tech.

“I’m extremely honored and excited to be joining Dealpath, and look forward to working together with its exceptional team,” stated Byrne. “Dealpath has empowered its clients to leverage and manage deal data and processes to their highest advantage. It should not be the case that in today’s world, billion dollar investment decisions are made based upon disparate, outdated information. Dealpath ensures that its clients leverage their intellectual knowledge and data to make more informed decisions. Additionally, Dealpath has a very clear vision of the future of deal management, and is actively making it a crucial reality.”

Cain also brings to Dealpath over two decades of experience at the forefront of building solutions for the global real estate industry including nearly 10 years with CoStar, one of today’s leading providers of commercial real estate information, marketing, and technology. Most recently serving as Vice President of Product Design, Cain led the team responsible for numerous commercial information products within CoStar. Prior to his recent role at CoStar, Cain was General Manager of REApplications, a CRE software company he co-founded in 1998, later acquired by LoopNet in 2008. Additionally, Cain is one of the Founding Partners of Realcomm, CRE’s largest tech conference. Cain holds a BA from the University of California, San Diego.

“As someone who has dedicated their entire career to building technology solutions for commercial real estate professionals, Dealpath has emerged as a clear leader that is driving transformative change within the industry,” said Cain, Senior Vice President of Product at Dealpath. “Their people, their product, and their vision are unmatched and I’m thrilled to be a part of their journey as they achieve many new milestones.”

Since its inception in early 2014, Dealpath’s core mission has been to serve as the commercial real estate industry’s deal management command center. Throughout the course of 2021, the technology company has made significant, notable strides towards cementing that vision & accelerating its overall growth.

From pipeline through portfolio management, Dealpath is the single source of truth that provides vetted, real-time deal information, together with associated files and tasks, fueling data-driven analysis and decision to achieve optimal, risk-adjusted returns. To date, Dealpath has supported more than $10 trillion in transactions globally with hundreds of enterprise clients. Safeguarded, with institutional-level security, in compliance with SOC2 Type 2 certification, it enables investment firms to operate at scale with speed and precision through easy access to data and effective internal and external collaboration across teams, partners, and vendors. With off-the-shelf efficiency and ease-of-use that enables cross-functional teams to engage seamlessly with centralized data that updates in real-time from anywhere, it’s flexible in its configurability to meet workflows and specific team preferences. Designed from the ground-up as an open platform, Dealpath easily interacts and integrates with digital tools and systems in the modern real estate tech stack. Dealpath is built by CRE experts and is backed by leaders such as Blackstone, JLL, Nasdaq and 8VC.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post Proptech Industry Leaders Join Dealpath first appeared on FinTecBuzz.

Toorak’s securitizations received investor demand despite a volatile and oversupplied market. To date, the company has issued $2.7+ billion in securitizations across nine deals, including six revolving transactions backed by bridge loans and three rated transactions backed by long-term investor loans on rental properties.

“We are focused and proud of the social impact Toorak has had,” said Toorak CEO John Beacham. “In addition to aiding in the delivery and availability of units to the market, many of which are affordable, Toorak’s funding brings jobs and opportunities to areas that are often neglected by large investors. Our bridge loan borrowers are entrepreneurs who invest the funds we provide to hire and employ local workers, many with untraditional backgrounds and in low-income neighborhoods.”

The initial collateral underlying the TRK 2022-1 securitization consisted of 583 residential bridge loans that financed approximately 1,300 housing units, 78% of which are expected to be affordable upon rehabilitation and/or stabilization in their respective zip codes, where the median household income was close to $55,900.

The TRK 2022-INV1 securitization consisted of 1,254 rental mortgages that financed around 2,300 units, with an average underwritten rent of approximately $1,600 per unit, compared to a median household income of $55,700 in their respective zip codes.

With capital commitments from entities managed by KKR, a leading global investment firm, Toorak has revolutionized the way business purpose residential real estate lenders access capital. The firm was the first to link small-balance commercial and residential originators with institutional capital and has perfected this approach in the single-family residential bridge and 30-year single family rental lending space.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post Toorak Capital Partners closes TRK 2022-1 & TRK 2022-INV1 first appeared on FinTecBuzz.

Inveniam Capital Partners, Inc. announced today that it has acquired Factom, an Austin-based blockchain innovations company. Financial terms of the deal were not disclosed.

With the acquisition, Inveniam acquires nearly 40 fundamental blockchain patents and with its existing patent portfolio, Inveniam becomes the 8th largest US-based blockchain patent holder, ranking just behind Intel and ahead of Microsoft, Fidelity Investments, Capital One, and Bank of America.

As part of the transaction, Factom founder and renowned blockchain pioneer Paul Snow has joined Inveniam as Chief Blockchain Scientist. Factom COO Jay Smith has also joined the company as Distinguished Engineer.

“This a significant addition to Inveniam,” says Patrick O’Meara, Chairman and CEO of Inveniam Capital Partners. “Paul, Jay, and Factom Inc’s innovation and expertise will enhance the capabilities of our Inveniam IO platform and allow us to expand our blockchain, meta-chain and chain interoperability offerings. Their pioneering work around preservation of data and data integrity is a natural fit with Inveniam as we build the means for digital private market price discovery, valuation, and accounting treatment all within a distributed data economy. This truly is foundational for decentralized finance, or DeFi, and the private markets.”

“We’re addressing real world problems with market-driven solutions that create measurable value for our clients,” says Inveniam President Kerry Rudy. “The addition of Factom is a key part of that effort.  We are helping them commercialize their thought leadership and innovation.”

“Data provenance, observability, and commutation of trust in private market asset performance and valuation will deliver public market performance in private markets,” says Todd Stevens, Global Head of Capital Markets for Inveniam.  “We will see Derivatives, Indices, ETFs, and the move for more private market assets in not only Defined Benefit plans, but also Defined Contributions.  With 3^rd party marks on assets, fiduciaries will be able to meet their obligations while growing their exposure to Commercial Real Estate and Private Equity.”

The acquisition will provide the foundation for Inveniam Labs, an Austin-based innovation center for blockchain and distributed application technologies. Jeff Guillot, Inveniam.io’s Chief Product Officer and Texas native adds, “Austin provides a great community of innovators, and we are excited to continue to build our presence and participation here.”

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

The post Inveniam Capital Partners Acquires Factom first appeared on FinTecBuzz.