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Clear Capital’s Kenon Chen on appraisal modernization

Housing Wire

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. But all of that takes years of investment to create something that is really battle tested and can have proven results.

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Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions

Appraisal Buzz

Let me explain — in 2021-2022, many investors purchased properties at high prices, using 2 and 3-year bridge loans. Meeting their mortgage and investor obligations will be difficult for these aggressive operators. Investors should conservatively underwrite how interest rates will affect their investment.

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Tech firm Polly bulks up to help modernize mortgage industry

Housing Wire

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. The post Tech firm Polly bulks up to help modernize mortgage industry appeared first on HousingWire.

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Industrial Real Estate Investing: A Guide for Modern Investors

BiggerPockets

Real estate investments are available in many shapes and sizes, including industrial real estate investing. This is not the most common form of real estate investing, but it has a lot of potential when done right, and can be a great opportunity to diversify your investments.

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EasyKnock acquires home equity co-ownership firm Balance Homes

Housing Wire

Residential sale-leaseback platform EasyKnock has acquired home equity investment platform Balance Homes , the company announced on Tuesday. Investors included Blumberg Capital , Gaingels , Moderne Ventures , QED Investors , Viola FinTech , and Zillow founder, Spencer Rascoff’s venture firm 75 & Sunny.

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RealReports raises $2 million in seed funding

Housing Wire

TTV Capital , Moderne Ventures , Erez Capital and other venture capital firms led the round of investment. We are thrilled to have such engaged and helpful investors join us in this round, and are more confident than ever before about our path forward,” James Rogers, co-founder and CEO of RealReports, said in a statement.

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Pretium acquires fix-and-flip lender Anchor

Housing Wire

Investment firm Pretium has acquired the leading fix-and-flip lender Anchor Loans LP from affiliates of Wafra Capital Partners Inc. California-based Anchor Loans, founded in 1998, provides capital for professional residential real-estate investors through bridge and construction products. Last month, New Residential Investment Corp.,

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