News Updates

PREIT Launches ‘Shop Local’ Website

PREIT has added Shop Local pages on all of its mall websites, an effort designed to support the ecommerce platforms of the small businesses in its portfolio.  The offerings are accessible not only to local audiences but also to the entire PREIT portfolio of consumers.  "Our local...

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PERMITS.com Launches FREE GovAccess Platform

Permits.com, a platform for property owners and contractors to apply for construction-related permits nationwide, has launched GovAccess. Contractors in 17,000 U.S. cities and towns can use the free platform to expedite permit requests and inspections online, allowing contractors to access...

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MRI Software Launches New Features for Real Estate Companies

MRI Software has introduced new and updated features for its residential, commercial and financials solutions. The changes are designed to better equip MRI’s clients to navigate the challenges of the COVID-19 crisis. The enhancements will allow owners and operators of residential and commercial...

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Eastern Union Secures $15.5 Million in Acquisition Financing

Eastern Union, a commercial real estate finance firm, has arranged $15.5 million in financing toward construction of a ground-up, 1,115-unit self-storage facility in Perth Amboy, New Jersey. The loan, which covers costs associated with both land acquisition and construction of a...

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Save Loan Denials With Trio

SPONSORED Wouldn’t it be great to be able to close a loan for your customer even if they are denied? Sounds too good to be true! But now you can through Trio’s OwnOption Mortgage. Three years ago, Trio launched its OwnOption Mortgage product with a select group of lenders with the sole purpose of...

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RCN Capital Resumes Funding

RCN Capital has resumed funding for both short-term fix-and-flip loans as well as long-term rental loans for non-owner-occupied residential properties. RCN is one of the first private lenders to re-enter the space with a full suite of financing options geared towards real estate investors. "As the...

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GROUNDFLOOR Stimulus Program Launches

Atlanta-based wealthtech platform GROUNDFLOOR has launched a new program to ensure that capital for residential real estate development continues to flow during the COVID-19 financial crisis. The new program allows investors to earn an additional 4% interest rate bonus for90 days on qualifying...

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Yardi Introduces New Payment Deferral Technology

Yardi has released a software update that allows residential property management companies to manage and track rent deferral payment plans and recoveries. The company fast-tracked the release of the update to allow property managers to accommodate residents impacted by COVID-19. “Helping property...

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