CRE finance marketplace Lev raises $70M Series B, confirming TRD report

Lev, the digital commercial real estate finance marketplace, has raised $70 million in a Series B round at an undisclosed valuation.

A Thursday announcement by the New York City-based startup confirmed The Real Deal’s report in March on the prospective raise. Sources familiar with the negotiations at the time estimated the company’s valuation at around $400 million, but CEO Yaakov Zar declined to comment in an interview Wednesday.