Month: June 2019

Foreign Investment in U.S. Residential Real Estate Drops

Foreign Investment in U.S. Residential Real Estate Drops

Foreign buyers purchased fewer U.S. existing homes from April 2018 through March 2019. That’s according to a report the National Association of Realtors (NAR) released July 17. The report, “Profile of International Transactions in U.S. Residential Real Estate 2019,” is an annual survey of...

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Offerpad Adds Director, Plans Product Expansion

Offerpad Adds Director, Plans Product Expansion

Bryan LaFranchi has joined iBuyer Offerpad as its national director of Homebuilder Alliances. He was previously with Zillow Group for nine years. Offerpad’s Homebuilder Alliance program allows homeowners to coordinate the sale of their existing home to coincide with the purchase of a new...

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Capital Markets Veteran Joins PeerStreet

Capital Markets Veteran Joins PeerStreet

PeerStreet has appointed Deepa Salastekar as the vice president of institutional sales. PeerStreet is a marketplace for investing in real estate backed loans. Salastekar will lead the expansion of the company’s relationship base of institutional partners across all PeerStreet’s investment types....

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Sagent Lending Technologies Adds Executive

Sagent Lending Technologies Adds Executive

Stephanie Durflinger is the new executive vice president and chief product officer of Sagent Lending Technologies. She will lead product management and customer support for mortgage and consumer servicing solutions. Durflinger brings more than 20 years of mortgage technology expertise to the new...

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Single-Family Build-To-Rent Investment Platform Launches

Single-Family Build-To-Rent Investment Platform Launches

Lafayette Real Estate has teamed up with Guardian Residential to create an investment platform that focuses solely on the acquisition and development of newly constructed homes for the purpose of long-term rentals. The new firm will be known as Lafayette Communities. It will be led by Thibault...

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World’s First Closing Automation Platform for Lenders Launches

Notarize, the first company to enable an entirely online real estate closing process, introduced the world’s first closing automation platform on June 5. With the introduction of this platform, Notarize is pioneering the ability for anyone to buy, sell or finance their home entirely online. The...

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Filling a Void in the Marketplace

Filling a Void in the Marketplace

The NPLA serves as a full-time advocate for private lenders. Private lenders play a vital role in the health and growth of our national housing market and the broader economy. By making B2B (business-to-business) loans to real estate investors on deals that do not fit the standards of...

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Making Magic: The Sam Kaddah Story

Making Magic: The Sam Kaddah Story

I grew up in Damascus loving soccer. My position was goalie. In and of itself, that was a challenge! In Damascus, unlike in the U.S., the fields I played on were dirt and concrete. I loved swimming too. And, of all things, volleyball was a favorite (we won’t mention my height handicap). So, let’s...

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6 Keys to Determine the Rent for Your Investment Property

6 Keys to Determine the Rent for Your Investment Property

The rental market is hot, but be realistic when setting rental prices. It’s no secret that the rental market in the U.S. has seen incredible growth in the past decade. Rental prices have steadily increased 3-5% annually, with an average increase across the last decade of about 3.11% year to year....

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REI June Cover

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