Citigroup is close to signing a new deal which would move its European headquarters to a new locale in Dublin, after its old waterfront office address was put on the market in March. The bank’s €100 million ($99.1 million) deal to buy a new office...
Bank of America has launched what it calls an affordable loan solution geared towards Black and Latino first-time homebuyers. According to a Tuesday (Aug. 30) news release, the zero down payment, zero closing cost program will be available in “designated markets, including certain Black/African American...
Corporate disbursements FinTech Onbe is working with financial services firm Equity Trust Company on a project the companies say will modernize the way investors pay real estate expenses within their self-directed individual retirement accounts (IRAs). “Expense Pass, managed by Onbe on behalf of Equity Trust,...
In the tightest housing market in memory, it’s hard to wrap one’s mind around the fact that thousands of very desirable second homes sit empty most of the year. That inventory isn’t rented or listed, which seems a pity considering how nice — and empty —...
Stoa, the Arizona company that debuted the FlipOS by Stoa platform for single-family home investors, has gotten another $100 million securitization toward helping to close the housing gap, a press release said last week (Aug. 11). The round was underwritten by Cantor Fitzgerald, a leading...
PropTech startup Knock is introducing two new perks that enable homeowners to use the equity gains in their current property to make it more affordable to purchase another house. Knock Home Swap offers “competitively-priced mortgages” and extends 100% of the financing necessary to enable people...
With a generally healthy FinTech ecosystem, Italy is especially prominent in the areas of digital lending and PropTech. Where the two converge, a thriving community of startups has emerged in the country, developing crowdfunding platforms for real estate financing. In this article, PYMNTS looks at...
A convergence of economic factors is creating the toughest market for renters — both residential and small business — in at least 20 years, and while there are no quick fixes to the shortage or prices, some payments tech firms are removing pain points and...
As the country celebrates July 4 and enjoys the traditional summer vacation season, some of us will continue to work while on vacation. Conversely, others work from resort-like locations year round. Both sorts of remote work are enabled by today’s connectivity and are catered to...