Tagged: groundfloor

Groundfloor Now Allows Real Estate Developers to Gain Pre Approval on Loans

groundfloor

Groundfloor, a real estate lending and investing platform that allows anyone to participate directly in real estate investments, has launched a new product to make the lending process more easier for real estate investors. Groundfloor now allows certain developers to gain pre-approval on loans with… Read More

Real Estate Crowdfunding Platform Groundfloor Provides “Industry First” Giving Non Accredited Investors Access to Fractionalized Loans

Real estate investment platform Groundfloor has announced a new feature that the “wealthtech” company is claiming is an industry first. Groundfloor is now providing non-accredited investors access to fractionalized real estate loans so investors may better manage risk – something previously only available to accredited… Read More

Real Estate Crowdfunding Platform Groundfloor Closes on $3 Million Round, Reports Strongest Quarter Ever

Groundfloor, an investing and lending platform for real estate investment loans, has closed on a $3 million public offering raising equity capital from 1580 new and existing investors. To date, Groundfloor has now raised $18.3 million in growth capital and 20% of its shares are… Read More

Groundfloor Announces First Quarter 2019 Results: Doubles Year Over Year Revenue

Real estate crowdfunding platform Groundfloor announced on Tuesday its 2019 first quarter results and momentum. According to Groundfloor, Despite the government shutdown of the U.S. Securities and Exchange Commission for 35 days, it still experienced 123% percent non-GAAP first quarter revenue growth compared to the… Read More

Groundfloor Announces New Partnership With Dwolla

Real estate crowdfunding platform Groundfloor announced last week it has formed a new partnership with Dwolla, Inc. to make payments more efficient for borrowers and investors. According to Groundfloor, Dwolla’s white label platform will now help the funding platform’s users initiate the transfer of money to their… Read More

Q&A: Groundfloor CEO Brian Dally Shares Insight on Newly Launched Online Public Offering, Innovations and Fintech’s Future

Today the direct real estate investment platform Groundfloor launched an online public offering enabling any Groundfloor account holder to purchase stock directly from the company. The platform indicated that the online public offering aims to “level the cap table” so members of the public can own… Read More

Groundfloor Initiates Public Offering Using Reg A+ to Accelerate Growth

Groundfloor, a direct real estate investment platform, has launched an online public offering enabling any Groundfloor account holder to purchase stock directly from the company. The platform indicated that the online public offering aims to “level the cap table” so members of the public can… Read More

Why We Need to Raise the Reg A+ Cap to $75 Million

majesty-of-law-dc-legislation-house-capitol-4

In March of this year, the House of Representatives passed H.R. 4263, better known as the Regulation A+ Improvement Act. The bill passed with bipartisan support, being co-sponsored by two Democrats: Representatives Sinema and Gottheimer, alongside two Republicans: Representatives Stivers and Hollingsworth. Signing this bill… Read More

Groundfloor CEO Brian Dally Opines on IPO Results, Growth & Platform Updates

Groundfloor

Groundfloor, a direct real estate investment platform, has reaped in an additional $4.2 million in its recent IPO. The total reportedly secured for the 2017-18 campaign to $6.2 million (1) from 2,304 investors and the company’s total fundraising to $13.8M. “The offering was very well-received… Read More

The Problem with Banking Today … is Banking

Mr. Potter Banker Banking (1)

The idea of banking has been around for thousands of years. Archaeologists traced its origins back to ancient Mesopotamia, where tablets show that individuals recorded lending transactions. Then, as civilization created value for items like grain, rare jewels and, eventually, coinage and cash, banking practices… Read More

Real Estate Platform Groundfloor Shares $5M Reg A+ Plans, Now Accepting Non-Accredited Investors from All 50 States

Atlanta-based real estate investment platform Groundfloor has received regulatory approval to raise money under Reg A+. This crowdfunding offer has been in the works for some time now;  like all Reg A offers, the issuer must by scrutinized by the SEC before any securities may be… Read More

Real Estate Crowdfunding Platform Groundfloor Preps for Reg A+ Offer

Groundfloor has filed a Form 1-A with the Securities and Exchange Commission indicating its intent to sell shares in the real estate crowdfunding platform.  According to the offering circular, GroundFloor is offering up to 2.5 million in Common Stock at $10 per share. Interestingly, the Groundfloor… Read More

Groundfloor Announces Monthly Interest Payment Investments

Real estate crowdfunding platform Groundfloor recently announced the launch of its new monthly interest payment investments. The funding portal revealed starting its next loan release users may invest in both deferred and monthly payment loans to further diversify and add monthly income yield to their portfolios. Groundfloor… Read More

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

Imitation is Flattery: Reg A+ Innovations in eREITs & Beyond

The RECF (real estate crowdfunding) community has been keenly interested in finding creative ways to use the new Regulation A+ that came into effect earlier last year. However, not all filings have been successful or made much business sense. Last year, I wrote about Groundfloor’s… 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

Send this to a friend