Treasury Analyst

1Realfinity raises $5M in debt facility Realfinity, a Miami-based provider of a finance platform designed for the real estate and mortgage industry, raised $5 million in a warehouse facility from Bank of the Sierra. The company intends to use the funds to further enhance mortgage loans, supporting its expansion plans. Realfinity allows agents to convert clients into borrowers, streamlining the entire loan process while generating new revenue streams. By leveraging an embedded finance model, it simplifies operations for agents and delivers cost savings to consumers, offering better rates, faster execution, and a more homebuying experience.“We’re a mission-driven company building the largest embedded lending platform in the U.S.,” said Luca Dahlhausen, co-founder and CEO. “Delivering bare-metal rates directly to consumers through their existing real estate agents allows us to originate loans at significantly lower costs compared to traditional lenders, who face high customer acquisition and overhead costs. This warehouse facility, along with our newly obtained lending licenses, marks an important milestone in streamlining mortgage origination on residential real estate transactions.”Since launching operations in Q3 2023, Realfinity has funded over $40 million in mortgages, initiated 274 loan applications, and successfully completed 128. Currently, the company is licensed as a lender in Florida, Californial and Texas.READ MORE: How Realfinity is helping real estate agents thrive in a digital-first world2Thoma Bravo closes its 3rd credit fund at $3.6BThoma Bravo, a leading software investment firm based in Miami, announced it has closed its Thoma Bravo Credit Fund III at $3.6 billion in total available capital  This represents the firm’s largest credit pool of capital to date.Thoma Bravo is one of the largest software-focused investors in the world, with over $166 billion in assets under management

Shared-workspace company WeWork has faced significant challenges in recent years, including bankruptcy and the ousting of its co-founder Adam Neumann.Neumann, who had been trying to regain control of the company since his resignation under pressure from the board in 2019, has now given up on buying WeWork, The Wall Street Journal reported Tuesday (May 28).In a statement, Neumann expressed his disappointment with WeWork’s bankruptcy plan, stating that it appears unrealistic and unlikely to succeed, according to the report.Reached by PYMNTS, WeWork declined to comment on the report.The company filed for bankruptcy in November due to a downturn in the office real-estate market and the impact of the COVID-19 pandemic, which led to a decrease in demand for office space, per the report.WeWork had been struggling even before the pandemic, as its high cost of rent and low occupancy rates posed significant challenges, according to the report. Despite amending or canceling hundreds of leases since 2019, the company continued to face financial difficulties.Neumann co-founded WeWork in 2010 with Miguel McKelvey. The startup quickly gained attention and raised billions from investors, becoming the country’s most valuable startup with a valuation of $47 billion by early 2019, the report said. Neumann played a crucial role in marketing WeWork as a tech business that would revolutionize the property sector.However, Neumann’s behavior and management decisions garnered attention and criticism, per the report. The company’s financial losses led to his resignation as CEO in 2019. Since then, he had been attempting to regain control of WeWork.In March, Neumann made an offer of $650 million to buy the company, backed by his new real estate company, Flow, according to the report

モントリオールの WeWorkImage credit: P. L. (@partrickl) via Unsplash. WeWork が破産法の適用を申請してから数ヶ月後、5年前に同社を追い出された創業者 Adam Neumann（アダム・ニューマン）氏が社の復活に手を貸している。Neumann 氏は最近、WeWork を5億米ドル以上で買収するオファーを出した。. 創業者の復帰なるか？ 5億米ドル以上で買収を提案