News Updates

Higher Contribution Limits for Self-Directed IRAs

by admin
Comment Off
954 views

The IRS has announced an increase in the amount of allowable contributions for Self-Directed IRAs for 2019. Traditional IRAs, including Self-Directed IRAs, saw increases from $5,500 in allowable contributions to $6,000 per year. The same was true for Roth IRAs, which includes Self-Directed Roth IRAs. The annual catch-up contribution allowance for those aged 50 and older remains unchanged for the tax year 2019. The change marks the first increase in

by admin
Comment Off
1,253 views

Measurabl, providers of software for commercial real estate ESG (environmental, social, governance) data management, has closed $18.7 million in Series B funding. Sway Ventures led the round after participating in the Series A. Other repeat investors include Salesforce Ventures and real estate technology specialists Camber Creek, who led the Series A, Building Ventures, Concrete Ventures, Impact Engine and DivcoWest. Major new investors included Constellation Technology Ventures, the venture investing arm

by admin
Comment Off
1,570 views

ALTLOAN, a dba of BM Real Estate Services, has announced a new capital market partner that will enable the company to widen its non-QM product menu. “Our new partner is able to provide the back-end infrastructure and operating expertise that complements our online pricing eligibility engine and self-service loan portal for Non-QM (non-agency and hard money) mortgage financing,” said Blake Scheifele, ALTLOAN’s co-president. Product offerings include jumbo prime, portfolio full

by admin
Comment Off
1,131 views

Renters Warehouse has hired Todd Jable as the company’s chief technology officer. Kevin Ortner, CEO of Renters Warehouse, said, “With his technology background coupled with single-family rental industry experience, Todd is a big addition to our leadership team. He has a great vision on where we can take not only our internal systems, but how we can shape and further improve our client experience through consumer-facing technology and tools.” As

by admin
Comment Off
905 views

Apex CRE, a boutique commercial real estate company, has started operations in the greater Phoenix market. The company focuses on buyer and tenant representation across a variety of commercial product types. Apex CRE is a service-disabled veteran-owned business founded by Alex Popovic and Lydia Chelle. Author admin View all posts

by admin
Comment Off
988 views

Universe Holdings has acquired Chateau Park Casino Royale V, a 15-unit multifamily community in Inglewood, California, for $3.8 million. It is the firm’s ninth acquisition in the past four years in the area. The submarket has gained national attention as the site of the $3 billion NFL stadium that will be home to the Los Angeles Rams and Los Angeles Chargers. Located at 232 West Olive Street, the community is