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Douglas Elliman secures a $50 million growth investment

Housing Wire

Douglas Elliman has secured a $50 million growth investment from Kennedy Lewis Investment Management , according to an announcement on Tuesday. According to the release, this investment strengthens Douglas Elliman’s balance sheet and it will fuel its strategic growth and expansion.

Investing 413
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Blend receives $150M infusion from Haveli Investments

Housing Wire

California-based mortgage tech firm Blend Labs , which has pursued non-GAAP profitability since it went public in 2021 , announced a $150 million investment on Monday from private equity firm Haveli Investments. Blend will use $145 million of the proceeds to repay existing credit agreements.

Investing 421
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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 429
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As workers enter the retirement ‘red zone,’ they should opt for less investment risk

Housing Wire

Just like a football team entering the red zone — the area of the field inside the opponent’s 20-yard line — should be extra cautious to avoid wasting a scoring chance, Americans who are nearing retirement should dial back aggressive investment strategies.

Investing 366
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Legacy Group Capital acquires home equity investment fintech Rook Capital

Housing Wire

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

Investing 431
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Hometap reaches $1B in home equity investments 

Housing Wire

Boston-based fintech company Hometap has deployed more than $1 billion in home equity investment (HEI) products since its launch in 2017, the company announced on Tuesday. The HEI provider typically recoups its initial investment and takes a percentage of the home’s future value when the property is sold.

Investing 387
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Technology’s role in rental property investment market

Housing Wire

Real estate investments have long been a key pathway to wealth in the U.S. Among the variety of investment opportunities within the sector, rental properties have been in the spotlight as a steady income source. The strength of the U.S.

Investing 450