Real estate marketplace lending platform Money360 announced on Monday it has provided an $800,000 bridge for the acquisition of a newly-constructed, single-tenant retail building, located in Raymond, Illinois. According to Money360, the borrower has secured a loan through its platform and was able to close before its 1031-exchange deadline. Money360 founder and CEO, Evan Gentry,Read More
LADERA RANCH, CA–(Marketwired – October 17, 2016) – Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided an $800,000 bridge loan for the acquisition of a newly-constructed, single-tenant retail building, located in Raymond, Illinois. Faced with an impending 1031-exchange deadline, the borrower secured a loan through Money360 and wasRead More
Real estate marketplace lending platform Money360 announced earlier this week it has provided a $6 million permanent loan for the refinancing of a single-tenant industrial building that is located in Bryan, Texas. Gary BechtelAccording to the lending portal, the new permanent loan will allow the borrower to pay off a higher interest rate loan, andRead More
LADERA RANCH, CA–(Marketwired – October 10, 2016) – Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided financing for the refinancing of a single-tenant industrial building, located in Bryan, Texas. The $6 million permanent loan allowed the borrower to pay off a higher interest rate loan, and provides approximatelyRead More
On Monday, real estate marketplace lending platform Money360 announced it provided a $8.5 million bridge loan for the refinancing of a K-12 charter school located in Spartanburg, South Carolina. According to the platform, the new loan will allow the borrower to pay off a maturing seller-financing loan, which had a higher interest rate, and provideRead More
Considerable press has been given lately to high-profile real estate acquisitions made by foreign investors, particularly those from China. China Life Insurance Group Co. recently purchased a $1.65 billion Manhattan office tower on Sixth Avenue; Anbang Insurance Group Co. bought Manhattan’s Waldorf-Astoria Hotel for $2 billion; and Chinese real estate giant Greenland Group is midway throughRead More
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