MOFI Real Estate Fund raises N100bn from private investors

The MOFI Real Estate Investment Fund has raised N100bn from private investors in its fully subscribed Series 2 issuance, marking a milestone in mobilising private sector capital for Nigeria’s housing sector.The issuance is part of MREIF’s NGN250bn pilot fundraising, aimed at bridging the country’s housing finance gap.The announcement was contained in a statement signed by Sani Yakubu, Executive Director (Co-ordinator), MREIF, on Thursday.The…

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Here’s who real estate is backing in the mayoral race

The New York mayoral race is very crowded, and newly released campaign filings show where real estate high-ups are placing their bets.  After much speculation, former Gov. Andrew Cuomo launched his campaign this month and quickly became the frontrunner. Despite the industry’s complicated relationship with the politician, it was clear that many real estate professionals […]