Brian Dally

Groundfloor announces partnership with Direct Access Capital

Groundfloor announces partnership with Direct Access Capital

Real estate crowdfunding platform Groundfloor has entered into a whole loan purchase relationship with Direct Access Capital, a company providing liquidity to non-bank lenders of short-term residential backed business loans. It is Groundfloor’s first institutional partnership, and allows them to ...

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GROUNDFLOOR expands to 12 additional states

GROUNDFLOOR expands to 12 additional states

Real estate lending marketplace GROUNDFLOOR is expanding to 12 additional states, one year after it qualified under regulation A+. The new states are Rhode Island, Massachusetts, New Hampshire, Michigan, Missouri, Minnesota, Colorado, Arizona, Utah, Nevada, Oregon, and Washington. Over the ...

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GROUND FLOOR announces rate cuts

GROUND FLOOR announces rate cuts

Following its initial quarterly rate review real estate marketplace lender GROUNDFLOOR has announced rate cuts of between 10 and 50 basis points. The cuts will save borrowers an average of $500 and $2,500 per loan and will take effect in ...

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GROUNDFLOOR closes $5M Series A led by unique fund

GROUNDFLOOR closes $5M Series A led by unique fund

Real estate lending marketplace GROUNDFLOOR has closed a $5 million Series A round led by Fin-tech Ventures Fund and several previous investors. Total investment is now $7.5 million. Based in Atlanta, GROUNDFLOOR is the only real estate lending marketplace open ...

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Groundfloor receives historic SEC approval

Groundfloor receives historic SEC approval

Real estate lending platform GROUNDFLOOR has received approval from the Securities and Exchange Commission (SEC) to sell securities to non-accredited and accredited investors under Regulation A+, making them the third company, along with Lending Club and Prosper, to receive it. ...

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GROUNDFLOOR raises $1 million, has big plans

GROUNDFLOOR raises $1 million, has big plans

Pioneering real estate microlender GROUNDFLOOR recently announced a cash infusion of $1 million and a move from North Carolina to Georgia to take advantage of their new home state’s welcoming crowdfunding environment. The funds come from angel investors Inception Micro-Angel ...

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