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Planet acquires Platinum Home Mortgage Corporation

Housing Wire

“In addition to agency and GSE home loans, Planet also has niche products tailored to today’s tight real estate markets, including self-funded One-Time Close (OTC) construction loans as well as manufactured housing and renovation mortgage loans,” Gross said in a statement. The lender originated $6.5 billion from the correspondent channel.

Mortgages 392
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Seven Mixed-Use Developments Get $4.5M Funding in Pennsylvania

Realty Biz

The Pennsylvania Housing Finance Agency has unveiled seven projects that will receive $4.5 million in funding for the construction or renovation of mixed-use developments. Pennsylvania Housing Finance Agency administers the Mixed-Use Development Tax Credit Program; its board of directors approved the selected projects earlier today.

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Opinion: Who decides what American neighborhoods look like?

Housing Wire

population — own more than $30 trillion in residential, commercial, industrial and agricultural property. White professionals also dominate the commercial real estate sector. Whether you’re renovating homes or selling skyscrapers, real estate requires networking and patience. And these legacies of racism persist.

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Second Century Ventures Accepting Applications for 2021 REACH & REACH Commercial Classes

RIS Media

Second Century Ventures, the strategic investment arm of the National Association of REALTORS® (NAR) and active global real estate technology fund, is now accepting applications for the 2021 REACH and REACH Commercial programs. Applications for the 2021 REACH and REACH Commercial programs will be accepted through Jan.

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Real estate appraisals: What agents should know

Housing Wire

Appraisals are required for homes financed with any type of mortgage. This includes foreclosed properties, flipped properties, distressed properties, commercial properties and industrial properties. Why are appraisals important? Getting approved for a mortgage depends largely on the outcome of an appraisal.

Agents 438
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C-PACE Lending Flourishes in Some Communities While Others Fall Behind

Propmodo

It’s hard to go a day in the commercial real estate world lately without hearing about Commercial Property Assessed Clean Energy (C-PACE) lending. C-PACE deals have risen recently in lock-step with Federal Reserve rate increases that have slowed the pace of commercial bank lending. Roughly $6.9

Lending 62
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How To Get Started in Passive Commercial Real Estate Investing

C4D Crew

Commercial real estate investing can be much hairier than residential. Thankfully, commercial real estate investing returns are normally much higher than residential real estate investing returns, making the slog to selling a property worth it in the end. Consider this your MBA in passive commercial real estate investing. .