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Blokable Closes $23 Million in Series A Financing to Lower the Cost of Developing, Building, and Owning Multi-Family Housing in West Coast Communities

Blokable Closes $23 Million in Series A Financing to Lower the Cost of Developing, Building, and Owning Multi-Family Housing in West Coast Communities

SEATTLE (STL.News) – Blokable, the vertically integrated developer that builds high-quality, low-cost, and connected housing, today announced the completion of its Series A financing of $23 million. Vulcan Capital leads the round and the firm’s YB Choi has joined Blokable’s board of directors. Additional Series A investors include Building Ventures, Jason Calacanis’ LAUNCH, Kapor Capital, […]

Starwood Property Trust Announces Closing of $1.1 Billion Commercial Real Estate CLO

Starwood Property Trust Announces Closing of $1.1 Billion Commercial Real Estate CLO

GREENWICH (STL.News) – Starwood Property Trust (NYSE: STWD) today announced that on August 15, 2019 the Company closed STWD 2019-FL1, a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation ( the “CRE CLO”) which is the largest CRE CLO issued post crisis. The CRE CLO accretively finances interests in 21 loans with an 85.125% […]

RE/MAX National Housing Report for July 2019

RE/MAX National Housing Report for July 2019

DENVER (STL.News) – July home sales bounced back after a sluggish June by increasing 2.4% year over year, according to the RE/MAX National Housing Report. This was enough to end nine months of year-over-year inventory growth as the number of homes for sale declined 1.4%. A drop in home sales from June to July is […]

House Poor, No More

House Poor, No More

SANTA CLARA (STL.News) – “How much can I afford?” is one of the largest decisions that faces every home buyer, no matter his or her budget or where he or she wants to live. Realtor.com®, the Home of Home Search℠, today announced an industry-first monthly payment filter that helps buyers stick to their budget by […]

VersaPay To Co-Present With Clients at InFocus 2019

VersaPay To Co-Present With Clients at InFocus 2019

DENVER and TORONTO (STL.News) – VersaPay Corporation (TSXV: VPY) (“VersaPay”), a leading provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, is pleased to announce that it will be co-presenting with two of its clients at InFocus 2019. The event is Oracle JDE’s annual users’ […]

The Unprecedented Global Reach And Operating Presence Of Century 21 Real Estate LLC Surpasses 10,000-Office Milestone

The Unprecedented Global Reach And Operating Presence Of Century 21 Real Estate LLC Surpasses 10,000-Office Milestone

MADISON (STL.News) – With real estate more ‘Glocal’ than ever, the news announced today by Century 21 Real Estate that its system is now operating in 10,000 offices worldwide provides a competitive advantage for home buyers and sellers, and for securing long-term growth and market share for the C21® Network’s affiliated brokers. The unprecedented global […]

Venture X Honored as One of South Florida’s Fastest-Growing Private Companies

Venture X Honored as One of South Florida’s Fastest-Growing Private Companies

MIAMI (STL.News) – Venture X — a global, shared workspace franchise based in West Palm Beach, Fla.— was officially ranked as one of South Florida’s 2019 fastest-growing private companies at the South Florida Business Journal Fast 50 awards presentation last Thursday. President Jason Anderson and several members of the team attended Thursday’s event to accept […]

Guaranteed Rate Breaks Company Records with Remarkable July Production Volume

Guaranteed Rate Breaks Company Records with Remarkable July Production Volume

CHICAGO (STL.News) – Guaranteed Rate Companies, one of the largest retail mortgage lenders in the nation, announces a new company record of $3.94 billion in total funded volume across more than 11,644 units in July. “I am ecstatic with our record-breaking July. We have spent years building the best platform in the country for consumers […]

New Investments Provide Needed Affordable Housing Options In Downtown Phoenix

New Investments Provide Needed Affordable Housing Options In Downtown Phoenix

PHOENIX (STL.News) – The growing need for affordable housing near Downtown Phoenix is being addressed by three apartment projects that combine affordability with amenities. Pacific Oak Capital Advisors, a national leader in institutional quality alternative investments, and Defer Gain, a leading Arizona-based real estate development company specializing in Opportunity Zone investments, have announced the signing […]

ZSuite Technologies Announces Spin-Out from Leader Bank, Completion of $6 Million Fundraising, Addition of FinTech Veterans

ZSuite Technologies Announces Spin-Out from Leader Bank, Completion of $6 Million Fundraising, Addition of FinTech Veterans

BURLINGTON, MASS. (STL.News) – ZSuite Technologies announced that it has successfully spun-out of Leader Bank, N.A. and simultaneously raised approximately $6 million of outside funding in order to begin selling its products to banks and credit unions nationwide. ZSuite Technologies’ mission is to provide financial institutions with innovative technology that solves real problems for specific […]