Scale Lending, the debt financing arm of Slate Property Group, announced a partnership with Harel Finance that will center on construction and bridge loans for multifamily and condominium projects. Scale directly originates senior secured whole loans, focusing on...
Kiavi, a San Francisco-headquartered private lender to residential real estate investors, has introduced a construction financing product. According to a statement from the company, the new product will leverage its technology platform and data advantage “to offer...
Bellevue, Washington-based Sound Capital, a lender specializing in construction loans for midsized home builders focused on single-family homes and suburban developments in high growth areas, announced the appointment of Andrew Platt as senior managing director. In...
Planet Home Lending LLC, a Meriden, Connecticut-based mortgage lender and servicer, has hired Melony Harpe as vice president and construction sales manager. In her new role, Harpe will work with the company’s mortgage loan officers to increase their sales of new home...
PacWest Bancorp (NASDAQ:PACW) is selling a portfolio of real estate construction loans at a discounted price in an effort to strengthen its liquidity amid ongoing concerns over its viability. According to combined media reports, real estate investment company...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
