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M&T Bank Expands Commercial Real Estate Lending Capabilities

PRNewswire — Mon, 25 Jul 2022 16:30:01 +0000

M&T has launched its new Commercial Real Estate Innovation Office, an integrated team focused on building comprehensive solutions for commercial real estate (CRE) clients. The CRE Innovation Office aims to creatively connect financial products to clients’ needs, including various types of CRE lending, debt capital markets, and Agency & Insurance company placements.

The CRE Innovation Office, led by Brooke Cianfichi, will tackle the creation of new CRE solutions, including aiming to onboard strategic third-party capital for the benefit of clients. M&T hired three executives based in New York City to support this effort. Notably, M&T Realty Capital Corporation, a subsidiary of M&T, is authorized to originate loans under all three Agency programs: Fannie Mae, Freddie Mac, and HUD.

“M&T has deep experience in the commercial real estate space, and the Innovation Office marks our commitment to continued expansion in diversified commercial real estate solutions,” said Peter D’Arcy, Head of Commercial Banking, M&T Bank. “This is a substantial opportunity to build upon our already strong capabilities in this space and it further complements M&T’s trustworthy and forward-thinking approach to exceed client expectations.”

“Often when a client approaches a large financial organization, they can feel siloed into one group or another, with those groups not communicating efficiently,” said Cianfichi. “At M&T, we recognize the value of connecting the client to what they need in a coordinated way, as a trusted advisor providing a creative solution.”

Cianfichi, Executive Vice President, brings almost 20 years of banking, sales, real estate finance, and fundraising experience to the role, along with a future-forward, customer-centric view. As CRE Segment Lead covering strategy for M&T’s $48B CRE debt commitments and the creator of the CRE Innovation Office, she is responsible for overseeing the development of new capital solutions in commercial real estate for new and existing clients.

Three new hires with deep and varied commercial real estate backgrounds recently started in the CRE innovation office.

Lopa Kolluri, Senior Vice President, comes to M&T from HUD, where she served as the head of the Federal Housing Administration (FHA) overseeing $1.2 trillion in insured mortgages and leading 2,800 employees. With over 25 years of experience in affordable housing and community and economic development in the public and private sectors,

Kolluri will lead the CRE Innovation Office’s “Strategy + Build” approach as Business Strategy Senior Manager, drawing on her extensive knowledge and experience in executive-level management of housing finance policy, operations and transactions.

Laura Murphy, Senior Vice President, comes to M&T from TF Cornerstone, where she was responsible for all debt capital market activities across the company, including mortgage financing for development projects, acquisitions, and existing properties, as well as corporate facilities and lines of credit. As Senior Strategic Initiatives Manager, Murphy will focus on the execution of new solutions.

Ashley Mitchell, Vice President and Lead Commercial Segment Support Analyst, will focus on improving business efficiencies, building out revenue-generating initiatives and helping evolve the line of business for the future. Mitchell most recently played a key role in the CRE Strategy Team at People’s United Bank.

“In conclusion, we understand the client well because many of us were once the client,” said Cianfichi. “The clients’ needs guide our priorities today and into the future.”

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Milo Originates Record $10 Million in Crypto Mortgage Loans

PRNewswire — Wed, 20 Jul 2022 14:30:21 +0000

Milo, a financial technology company that is reimagining the way global and crypto consumers access financial solutions, today announced it has closed a record $10 million in crypto mortgages. This milestone achievement demonstrates the strength of Milo’s innovative 30-year crypto mortgage which was brought to market only this past April. The product, which represents the world’s first crypto mortgage offering, makes it easy for crypto investors to utilize their digital assets to purchase real estate in the United States.

“The success of our crypto mortgage over the past few months serves as a testament to our ability to pioneer and create a unique solution for the crypto community,” said Josip Rupena, founder and CEO of Milo. “We have incredible momentum and see a fundamental need to help individuals diversify their wealth to generate real world yield through real estate. In today’s volatile environment, our crypto mortgage is an excellent solution for clients who wish to continue to own crypto and invest in real estate, all while keeping the potential price appreciation of both.”

Earlier this year, Milo became the first to offer a mortgage that bridges the world of digital assets with traditional finance by allowing investors to qualify with Bitcoin, Ethereum, and USDC. To purchase property, clients can pledge their crypto with regulated and insured custodians (Gemini and Coinbase) and finance up to 100% of their purchase with no down payment required. Those who qualify can take advantage of low interest rates and a 30-year crypto mortgage up to $5 million.

“Bridging the gap between traditional finance and crypto is one of the most important pieces of the puzzle to make cryptocurrency and blockchain more ubiquitous in our daily lives,” said Miami Mayor Francis Suarez. “With their mortgage product, Milo has already proven that the future of finance will serve to build wealth just like the financial tools of the past.”

Real estate is a critical component to build wealth over time and many crypto consumers have been denied the opportunity and have resorted to riskier ways of generating yield as a result.

“Given the current state of the market, we’re extremely proud that we have not had any margin calls or negative counterparty exposure, all while continuing to originate mortgages,” said Rupena. “As a licensed and regulated entity, we take our responsibility seriously to ensure our clients’ crypto is safe and returned when requested. Milo has added over 20 team members since launch and we look forward to releasing an exciting crypto refinance and non-rehypothecation option shortly.”

During this time, Milo has also provided thousands of borrowers with crypto mortgage pre-qualifications, designed to preemptively let borrowers know how much they can afford. The company’s other mortgage solution for U.S. and foreign nationals has already originated over $100 million in loans and has seen applicants from over 90 countries. Milo is a direct lender that is licensed, audited, insured and can stand behind its commitment to lend to its clients with certainty of closing.

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Spark Real Estate and Side Light up the San Diego Real Estate Scene with a Brilliant Partnership

PRNewswire — Wed, 01 Jul 2020 19:30:35 +0000

Spark Real Estate today announced its partnership with Side, the only real estate brokerage that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into boutique brands and businesses. The alliance will enhance the customer experience for Spark’s clients, thanks to Side’s advanced brokerage platform.

Spark Real Estate is led by top-producing agent David Haghighi, who has a decades-long reputation for getting fast results and steering his clients in the right direction. With a background in marketing and business law, as well as construction expertise, Haghighi believes that real estate is the best way to build wealth and establish a legacy. To date, he’s served more than 250 families in Carlsbad, San Marcos, Escondido, and San Diego.

Partnering with Side will ensure Spark Real Estate remains at the forefront of an evolving real estate market, while allowing its agents to continue delivering premium services to their clients. Spark Real Estate agents are fully supported by a one-of-a-kind premium brokerage platform, which provides transaction management, property marketing, lead generation, business growth opportunities, vendor management, and infrastructure solutions.

“The Spark team is comprised of energetic allies dedicated to helping clients make sound investments that deliver for generations to come,” Haghighi said. “Teaming up with Side to manage and optimize our back-end operations just made sense, because it allows us to use our time to remain laser-focused on servicing clients.”

Side is led by experienced industry professionals and world-class engineers who develop technology designed to improve agent productivity and enhance the client experience. Based on its belief that homeownership is a fundamental human right, Side is on a mission to improve the public good by providing top-performing real estate agents, teams and indie brokerages with the best system, support, service, experience, and results.

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Merlot Marketing named agency of record for regional real estate investment

PRNewswire — Mon, 29 Jun 2020 20:30:50 +0000

Merlot Marketing has been named agency of record for privately-held real estate investment firm GPR Ventures and will lead public relations efforts in support of the firm’s ventures and projects in the Greater Sacramento Region. Established in 2011 in the Silicon Valley, GPR Ventures has since expanded into Sacramento and provides commercial real estate opportunities for a select group of investors, including property acquisitions and capital improvement projects.Fintech News

To date, GPR Ventures’ portfolio includes 59 industrial and office buildings, totaling over 1.8 million square feet, and an additional 26 acres of land. Within the Sacramento Region, GPR Ventures owns and manages 20 properties in Natomas, Roseville, Rancho Cordova and other surrounding areas. In November 2019, GPR Ventures acquired a 26,500 square foot office building in the R Street corridor of downtown Sacramento and has begun complete interior and exterior renovations.

“Merlot Marketing has deep experience in elevating the presence and authority of their clients on a local and national level, and it has been great to leverage their creativity, knowledge and expertise to expand the GPR Ventures story within Sacramento,” said Phil Rolla, GPR Ventures co-founder and Managing Principal.

TWEET THIS: National #publicrelations firm @MerlotMarketing named agency of record for real estate investment firm #GPRVentures. Merlot will lead all PR efforts in support of the firm’s ventures and projects throughout #Sacramento. https://www.merlotmarketing.com/blog/

“GPR Ventures is contributing greatly to the growth and prosperity of Sacramento’s commercial real estate market, and they are innovative in their approach. We are excited to share their brand story both locally and nationally,” said Debi Hammond, founder and CEO of Merlot Marketing.

In close collaboration with GPR Ventures, Merlot Marketing will manage all facets of public relations as well as provide ongoing marketing consultation. The agency will publicize the company’s projects through Social Media News Releases (SMNR), wire distributions and trend articles targeted to key Sacramento trade and business media.

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Propertybase Launches Next Generation Real Estate Platform

PRNewswire — Fri, 05 Jun 2020 21:30:28 +0000

With the next generation release of the Propertybase GO real estate platform, brokerages and teams can now pivot their strategy to include simplified software aimed at further enabling agent action and productivity.

Aptly named to reflect its turnkey approach, Propertybase GO puts improved user experiences at the forefront comprising a dynamic dashboard, real estate CRM, website builder, listings management, email marketing, and more.

“We developed the Propertybase GO platform for nearly a year and feel it’s important to bring it to market now because better technology is needed,” stated Tim Fessenden, President of Propertybase. “We took the time to truly understand the challenges that face real estate and given the market conditions set out to deliver a platform that not only helps to increase productivity but creates a sense of community for a brokerage and its agents.”

Ideal for brokerages or teams, the latest Propertybase GO has a number of out-of-the-box offerings to drive long-term adoption:

An action-oriented homepage dashboard that visualizes key information across contact activity, listings, and also active transactions
Embedded brokerage announcements and social media feeds to foster engagement
Simplified navigation and mobile responsive for better user experience
Streamlined database management with lead scoring, quick actions such as SMS, email marketing, and more
Propertybase’s award-winning website builder with industry-best MLS and IDX integration
Integrated with Propertybase Back Office’s compliance-driven transaction management, vendor marketplace, and print marketing

Propertybase GO also features action plans, market trends, seller reports, listings boost capability, and third-party application integrations.

“It’s imperative that technology partners provide the utmost lifelong value. This certainly isn’t the time for stopgap solutions. Propertybase GO not only allows for quick user adoption and connectivity but will ultimately help agents better serve their clients now and in the future,” continued Fessenden.

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Lone Wolf launches Marketplace to every real estate agent in the U.S.

PRNewswire — Tue, 12 May 2020 18:34:37 +0000

Lone Wolf Technologies (“Lone Wolf”) is thrilled to announce the launch of Marketplace. Marketplace hosts a library of curated digital tools for real estate agents and brokerages to plug and play into their national transaction management member benefit, zipForm® Plus, or their local/state member benefit, TransactionDesk. The core purpose of Marketplace is to put the industry’s most innovative digital tools in the hands of real estate agents and brokerages at a time when they need them the most, and to provide the first end-to-end transaction experience of its kind.Fintech News

“COVID-19 has made a huge impact on every industry, and real estate is no exception. But people still need homes, and the essential work that agents and brokerages perform must continue,” said Jimmy Kelly, CEO of Lone Wolf. “That’s why we’re releasing Marketplace right now—so that the digital tools agents and brokerages need to help their clients buy and sell homes are available right from the transaction solutions they already have. By making these invaluable tools available to the entire country, we hope to create a digitally-enhanced experience not only for agents and brokerages, but also for buyers and sellers, and do our part to help the real estate industry go from ‘survive’ to ‘thrive’ in this new digital era.”

Marketplace hosts a variety of digital tools, services, and solutions for the entire real estate transaction. Partners available today in Marketplace include:

Updater, for personalized moving concierge services
Earnnest, for safe and secure digital escrow deposits
RamQuest, for digital title insurance orders
EyeSpy360, for virtual tours
Real Estate Webmasters, for websites, lead gen, and CRM
eCommission, for fast and simple commission advances
PrestoIntelligence, for quick home inspection booking
Hurdlr, for automatic expense tracking
RentSpree, for reliable tenant screening

Marketplace is rapidly expanding, with new partners added each week. These partners represent a variety of technology categories such as websites/CRM, digital marketing, remote online notary closings, home insurance, mortgage and title, and more. All partners and solutions can be found at marketplace.lwolf.com or directly through zipForm® Plus and TransactionDesk. To access Marketplace in either solution, agents will require a login to their transaction member benefit provided by either their local, state, or national association.

“Marketplace is where real estate professionals can go to find everything they need for their real estate experience,” said Jason Cheverton, VP of Strategic Channels at Lone Wolf. “At Lone Wolf, we often compare Marketplace to Netflix. Netflix brought an entirely new way for people to access multiple forms of entertainment that were previously only available in separate locations. Like Netflix, Marketplace brings all of these various real estate tools together, whether they’re Lone Wolf solutions or not, and makes it possible for agents and brokerages to find and use them all in a single place—their transaction management solution. And the best part? Unlike Netflix, every agent in the country has a free login to Marketplace through their national transaction member benefit and can start using these tools in their transactions today.”

“We’re thrilled to partner with Lone Wolf and make our solution available in Marketplace,” said Andrew Nicholls, Founder and CEO of EyeSpy360. “Lone Wolf’s Marketplace comes at precisely the right time for the real estate industry. The digital tools that agents and brokerages are using today aren’t going to suddenly become irrelevant once ‘normal’ returns. This is the norm now. We’re honored to be one of the many companies in the technology community doing our part to help the real estate industry transition to a new digital experience.”

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PropertyManagement.com Names Best Property Management Companies

PRNewswire — Mon, 20 Apr 2020 17:30:26 +0000

PropertyManagement.com, a leading resource to help property owners identify reliable, trusted, and experienced property management services in the United States, has announced the 2020 Best Property Management Companies in Vancouver, WA. The guide recognizes 24 top property management firms based on costs, customer rating, reliability, and experience.

PropertyManagement.com used a selection process that evaluated each company across 30 different metrics. After careful assessment of 158 property management companies in the Vancouver, WA area, only 24 firms were selected for the final list. The research identified companies that scored the highest in outstanding customer reviews, credibility, high-level professionalism and more. Fintech News

“Our goal is to help property owners make the most of their investments,” says Joyce Collins, Recognition Manager. “A reputable property management company can help owners save time and money by advertising rentals, collecting rent, handling maintenance issues and responding to tenant complaints.”

In addition to top picks for property management companies, the website also offers tips on rental marketing, tenant screening, liabilities, and a worksheet to keep track of income and expenses. For a detailed listing of the Best Property Management companies in Vancouver, WA please visit: https://www.propertymanagement.com/companies-in-vancouver-wa/

2020 Best Property Management Companies in Vancouver, WA (in alphabetical order)

4 Elements Property Management LLC
877-404-4376
2000 East Laurel Place Vancouver, WA 98661

Blue Key Property Management Inc
360-524-4994
7017 NE Highway 99, Suite 216 Vancouver, WA 98665

Columbia Commercial LLC
360-735-8001
9120 NE Vancouver Mall Loop, #210 Vancouver, WA 98662

Dove Property Management
360-448-2851
15609 SE Mill Plain, #300 Vancouver, WA 98684

EKM Property Management
360-989-6306
Vancouver, WA 98662

G & G Property Management Inc
360-694-7750
3813 H Street Vancouver, WA 98663

Ginn Property Management
360-907-9712
11202 NE 20th Street Vancouver, WA 98684

GMLC Property Management
360-896-5013
3510 Kauffman Avenue, #E Vancouver, WA 98660

Invest West Management
360-254-5700
12503 SE Mill Plain Boulevard, Suite 260 Vancouver, WA 98684

Key Property Services, Inc.
360-695-1538.
7710 NE Greenwood Drive, Suite 150 Vancouver, WA 98660

Northwest Management Exclusive Inc.
360-892-8798
11715 NE Crestwood Drive Vancouver, WA 98684

Personal Property Management & Consulting LLC
360-574-3201
301 E. McLoughlin Boulevard Vancouver, WA 98663

Premier Property Management Inc
360-546-1554
1401 SE 163rd Avenue Vancouver, WA 98683

Proactive Property Management
800-571-8062
4200 SE Columbia Way, Suite F Vancouver, WA 98661

Quantum Residential
360-696-9000
601 E 16th Street Vancouver, WA 98661

Real Property Management Services
360-693-6260
5620 NE Gher Road, Suite H Vancouver WA 98662

Real Property Management Vancouver
360-883-4881
15640 NE 4th Plain Road, Suite 112 Vancouver, Washington 98682

RealVest Corporation
360-694-6000
205 E 11th Street, Suite 200 Vancouver, WA 98660

Sunworld Group
360-574-0210
9901 NE 7th Avenue, Suite C119 Vancouver, WA 98685

The Phillips Group Inc.
360-694-1031
310 West 11th Street Vancouver, WA 98660

Utmost Property Management
360-614-3016
1905 SE 192nd Avenue, Suite 203-B Camas, WA 98607

Wise Move Property Management
360-771-1517
310 NE 5th Avenue Camas, WA 98607

YQC Properties LLC
360-972-7972
211 E 11th Street Vancouver, WA 98660

Zenith Properties NW LLC
360-696-3111
1498 SE Tech Center Place, #170 Vancouver, WA 98683

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biproxi Acquires Commercial Real Estate Listing Site OfficeSpace.com

FTB News Desk — Mon, 24 Feb 2020 20:30:21 +0000

biproxi, the leading end-to-end commercial real estate platform trusted by the world’s largest commercial brokerages, today announced that it has acquired OfficeSpace.com. The acquisition will allow biproxi to consolidate all of its commercial real estate (CRE) data and listings on the OfficeSpace.com website, which is already the second-largest CRE listing site in the U.S. with over 550,000 listings, and is visited by over 350,000 buyers and tenants every month. In addition, OfficeSpace.com has historical data on over 1.7 million listings reaching back over 15 years.

“We’re excited to add OfficeSpace.com to the suite of products and services available from biproxi and to expand their offerings more broadly to the commercial real estate community,” said biproxi CEO Gordon Smith. “This acquisition will allow us to aggressively build on the success that OfficeSpace.com has seen as a listing site, while also continuing to develop a robust set of solutions for brokers under the biproxi brand.”

With the OfficeSpace.com acquisition, the company will no longer list properties on its biproxi.com website. That site will now focus exclusively on providing modern, unique and effective tools and services to help brokers save time and money while moving their listings. biproxi.com features The Shop which consolidates vendors across a wide range of services, including property photography, photo editing, drone services, and data reports into a single e-commerce platform, allowing brokers to order multiple products and services from one site on one invoice, with an easy to use broker dashboard. fintech news

Also available on the site is biproxi’s Marketing Concierge – a full-service marketing program for listings that runs advanced digital and social media campaigns which drive unique leads directly to the listing broker.

“OfficeSpace.com customers can rest assured that biproxi will maintain the current user experience on the site,” Smith noted. “But we also plan to add a broker dashboard and a listing management tool, along with tenant/buyer search capabilities for investment sales and off-market properties to work in concert with the other solutions that the company offers today. We’re bringing the best of both worlds together into one robust offering buyers and brokers alike will love.”

Susie Algard, Founder and former CEO of OfficeSpace.com says, “We are excited that biproxi will continue building on OfficeSpace.com’s success. We looked at several alternatives, and based on the stellar track record of biproxi’s management team and the complementary fit of our business models, it is difficult to imagine a better strategic outcome.” As part of the transaction, Algard will also be joining biproxi’s Advisory Board.

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