Tagged: brian dally

Groundfloor Announces $100 Million Lending Capital Expansion With Direct Access Capital

Real estate lending marketplace Groundfloor announced on Tuesday it has entered into a whole loan purchase relationship with Direct Access Capital (DAC), a specialty finance company focused on providing liquidity to non-bank lenders of short term residential backed business loans. According to the online lender, this… Read More

Groundfloor Teams Up With IRA Services Trust Company to Offer Tax Deferred Real Estate Investing

Real estate lending marketplace Groundfloor announced on Thursday it has teamed up with IRA Services Trust Company to launch its tax deferred real estate investing. The platform revealed it will immediately begin to invite investors to its website to fund their accounts directly through their… Read More

Groundfloor Expands Into 12 Additional States On One Year Anniversary of Regulation A+ Qualification

Groundfloor, a real estate lending marketplace open to non-accredited investors, announced on Thursday it is expanding into 12 additional states. This news comes just one year after the platform qualified under Regulation A+. The lending website is currently available in 23 states, and the new states are Rhode Island,… Read More

Worldpay-Georgia Tech FinTech Initiative Yields Success

A year after launching an accelerator program focused on helping entrepreneurs in Georgia’s growing FinTech sector succeed, the Advanced Technology Development Center (ATDC) at Georgia Tech is working with a portfolio of 20 innovative startups — including 8 which have already raised more than $16.8… Read More

Groundfloor Reduces Loan Interest Rates By 10 to 50 Basis Points

Groundfloor,a real estate crowdfunding platform based in Atlanta, Georgia, announced on Thursday it has reduced its loan interest rates by 10 to 50 basis points. According to the funding portal, the loan rates will now start at 5.9 percent for “fix-and-flip” renovations. According to Groundfloor, investors… Read More

Groundfloor Secures $5 Million During Series A Financing Round For National Expansion

Groundfloor, a real estate lending marketplace open to non-accredited investors, announced on Wednesday it has closed a $5 million Series A round led by Fintech Ventures. Previous investors also participated in the round, bringing the company’s total financing to $7.5 million to date. On the heels… Read More

Groundfloor Announces Three New Tools to Expand Peer-to-Peer Real Estate Lending

On Monday during the Money2020 conference, real estate lending marketplace Groundfloor introduced three new tools that expand peer-to-peer real estate lending. These tools enable quick comparison of loans, automated investing and in-depth analysis of loan grading factors. Since announcing its historic qualification by the SEC on… Read More

Groundfloor Claims First SEC Approved 1-A, Regulation A+ Filing

Groundfloor, a real estate crowdfunding platform based in Atlanta, Georgia, is claiming to have received the very first 1-A, Regulation A+, approval from the Securities and Exchange Commission.  Groundfloor is also noting this will be the first real estate microlending offer as well and is… Read More

Groundfloor Raises $1 Million in Seed Funding, Opens Office in Atlanta, Georgia

Groundfloor, a micro lending / crowdfunding community for real estate, has shared they have raised $1 million in seed round funding from angel investors including Michael Olander, Bruce Boehm, Mark Easley Sr. and Inception Micro-Angel Fund. Groundfloor simultaneously announced the company has moved their corporate… Read More

Real Estate Crowdfunding Site Groundfloor Completes Secured Loan Transaction

Based in the North Carolina Triangle but launched in Atlanta – real estate crowdfunding platform Groundfloor, described as a peer-to-peer lending marketplace, has announced the successful closing of its first two crowdfunded real estate transactions. According to the company Investors who backed the transactions are accruing interest at… Read More

Real Estate Crowdfunding site Groundfloor Adds Projects

Groundfloor, a new crowdfunding site for real estate based in Georgia, has announced their second project following their successful private pilot launch which occurred this past November.  The first project which is raising $300,000 for a residential development is being followed by a refinancing of… Read More

Groundfloor Real Estate Crowdfunding Startup Launches Pilot Project in Atlanta

Real Estate Investment is Available for Unaccredited Investors. North Carolina based Groundfloor, a real estate crowdfunding platform, has launched in the Atlanta market with the opening of its pilot development project in Midtown.  Capitalizing on Georgia’s innovative securities laws which has legalized crowdfunding with the Invest Georgia… Read More

Real Estate Investors Now Have Another Option in Groundfloor

Groundfloor, a  real estate crowdfunding startup has closed its first round of funding led by investors Bandwidth Labs and the American Underground. The company connects independent real estate entrepreneurs with early-stage loans funded online by mass-market savers and investors. The seed capital will allow Groundfloor… Read More