A new $100M credit facility with Texas Capital Bank will enable vacation home loans to be originated by a 3rd party, then securitized and sold to investors in non-qualified mortgages
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The 2 companies will also expand listing availability in number of luxury markets, such as La Jolla, Miami, Vail, London and Napa, among other domestic and international destinations
Agents have drawn on all their resources to play 'matchmaker' to place people who don't need to use 2nd homes with those who need housing. Results are mixed, but it's working for some
The campaign's transparency was questioned following a decision to post 'cumulative' financials instead of annualized profits in a pitch sent to investors that drew fire from an industry analyst
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Industry analyst Mike DelPrete writes that manipulating the display of data has the potential to mislead individual retail investors, eroding long-term trust
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The Pacaso CEO peels back the curtain on his company’s evolution to a new chapter as it buys more houses in more markets at lower prices
From Golden Visa availability to the 2024 Paris Olympic Games and a trend favored by the rich that proves all the world's a stage, luxury real estate is going international in a big way this summer
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Rising home prices and mortgage rates may make it difficult for buyers this season
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Notable white labels its lending solution to brokerages and allows the seller to choose the project team and pay them as needed in an array of flexible methods
The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers