article thumbnail

Downes named president of Enterprise Housing Credit Investments

Housing Wire

Enterprise Community Partners announced on Wednesday the appointment of Kari Downes to the position of president at its housing credit investments business, effective April 1. Downes, who currently serves as Enterprise Housing Credit Investments EVP, will succeed current president Scott Hoekman who has spent the past 30 years at Enterprise.

Investing 358
article thumbnail

EasyKnock acquires home equity investment company HomePace

Housing Wire

Residential sale-leaseback platform EasyKnock has acquired the assets of home equity investment firm HomePace , the company exclusively told HousingWire on Monday. Cianciolo will serve as head of business development, Graf as senior vice president of operations and Joerg as chief investment officer.

Investing 344
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Optimal Blue CEO Scott Smith on making the right tech investments

Housing Wire

Editor in Chief Sarah Wheeler sat down with Scott Smith, interim CEO at Optimal Blue , to talk about the right tech investments to make now and how the company plans on keeping its customers for life. We have a pretty strong investment being part of Constellation Software now. Sarah Wheeler: What differentiates your tech?

Investing 392
article thumbnail

Point, Redwood Trust issue $139M home equity investment securitization

Housing Wire

Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. The two companies issued the first-ever securitization backed entirely by HEIs in 2021, a bet that rising home-price appreciation can benefit consumers in the short-term and investors in the long-term.

Investing 376
article thumbnail

Point, Atalaya Capital close on $141M securitization

Housing Wire

Point originated all of the home equity investments (HEIs) involved in the securitization and will continue to service the assets. Notably, this transaction is the first HEI securitization in which higher-risk, BB-rated securities were sold, reflecting strong investor demand as the deal was oversubscribed.

Investing 350
article thumbnail

Japanese luxury-home developer plans U.S. IPO

Housing Wire

a developer of luxury single-family homes and condominiums, which also has residential leasing operations in Dallas, is looking to raise up to $30 million via the U.S. investors for purchase. IPO to continue developing its business operations in Japan, to expand a startup online listing network and for general corporate purposes.

article thumbnail

EasyKnock closes another funding round

Housing Wire

Northwestern Mutual Future Ventures , the venture capital arm of financial services company Northwestern Mutual , joined as an investor in this round. With its newest influx of capital, EasyKnock aims to advance the development of its platform by honing its suite of products.

Investors 370