Based on the notion that far too many U.S. homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling... Read more »
JLL Capital Markets arranged a joint venture equity partnership for Allesandro Apartments, a to-be-built, 43-unit multifamily project in the Echo Park neighborhood of Los Angeles. The firm represented sponsor A.J. Khair Construction, Inc. to arrange... Read more »
The Long Island-based bank was under more pressure after rating agencies Fitch and Moody’s downgraded its debt ratings on March 1. This followed the company’s disclosure of internal control deficiencies and a... Read more »
Arctaris Impact Investors, LLC, a Boston-based impact investment firm that supports revitalization projects in underserved communities, made a lead equity investment in Liv DTLA, a $67-million market-rate affordable housing development in the... Read more »
By and large, homeowners who are 60 and older love where they live and have a preference to age in place. They may also see the equity in their homes as a... Read more »
Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for... Read more »
Equity Residential, one of the biggest publicly traded real estate owners in the U.S. and L.A.’s largest landlord, sold Regency Palms, a 310-unit Huntington Beach multifamily property, after owning it for 28... Read more »
Kenya Burrell-VanWormer, chief growth officer at NEO, and Katherine Winston, founding member and head of marketing at Plunk, have teamed up to build a program that will provide professional mentorship for minority... Read more »
Recently, new technologies have reduced costs associated with purchasing a home and provided more opportunities for first-time homebuyers to enter the market. To continue fostering innovation across the industry and better serve... Read more »
Older Americans are forced to navigate a series of serious financial challenges compounded by their needs for both housing and later life care. While home equity can certainly be a beneficial tool... Read more »