Investment Startup Focuses on Fix-and-Flip Mortgage Loans

AlphaFlow, a money-management startup that purchases real estate loans from lenders, has sold $95 million in bonds based on fix-and-flip loans. So reports Bloomberg.

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Amazon Vows $2B for Affordable Housing in Employment Hubs

Amazon has committed to investing more than $5 billion in the next five years on building and preserving affordable housing in three of the company’s main hubs for employment. So reports The Verge.

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Values of Distressed Manhattan Retail Properties Plummet

Real estate borrowers who are already struggling to pay the mortgages on their Manhattan retail properties have also been hit with a sharp cut to those properties’ assessed values. So reports MarketWatch.

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HelloOffice Gets a New Name: Raise Commercial Real Estate

HelloOffice, a tech-based commercial real estate brokerage, is now greeting clients under a new name: Raise Commercial Real Estate. So reports GlobeSt.com.

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