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Construction tech startup Modulous raises $11.5 million

Housing Wire

Seattle and London-based construction technology company Modulous has raised $11.5 Main contributors to this round of funding included SFV , the venture arm of German real estate developer Patrizia ; Regal London , a U.K-based The post Construction tech startup Modulous raises $11.5 and Leela Capital (U.K.).

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Proprietary Capital completes acquisition of AFR, hires new COO

Housing Wire

Pieklo spent 14 years at the lender before leaving in 2018. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. It also has a niche in construction and manufactured home loan programs. He was previously at UMortgage , holding the role of vice president of revenue.

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Movement Mortgage invests $200M into charter school network

Housing Wire

Retail lender Movement Mortgage has invested $200 million to expand its nonprofit Movement Foundation , and to accelerate the development of its growing charter school network. The investment will also aide in the development of adjacent affordable housing and health clinics in Central America, the company said in a statement this week.

Investing 397
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Yahoo Finance TV 12-4-2018 - Toll Brothers & Banking Conditions in Real Estate

Miller Samuel

The conversation shifted from what I was invited to cover, to the developing news story. When I arrived at the studio, the stock market was being battered (down by over 400 points at the time of this broadcast) by the conflicting interpretations of the recent US/China tariff talks and the results Toll Brothers analyst call.

Finance 221
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Fannie Mae Changes 2018

Robinson Appraisal Group

In a subdivision where the homes are very similar in size, acreage, updates, quality of construction and age with minimal variation the trend analysis is relevant since the homes are nominally different. The post Fannie Mae Changes 2018 appeared first on The Robinson Appraisal Group, LLC.

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. Neighborhood Homes creates a tax credit that covers the gap between the cost of construction and a home’s sale price.

Investing 449
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How a strategic coalition is fighting homelessness in Dallas

Housing Wire

Over the past three decades, DCH has developed more than 2,400 safe and affordable rental units in some of the most distressed areas of Dallas. Builders of Hope in the past has set its sights on constructing owner-occupied deeply affordable homes — developing more than 500 such homes over the past 25 years.