Groundfloor now offers accredited-level fractionalized loans to non-accredited investors

August 26, 2019
Share this Post: 

Groundfloor, a real estate investment facilitator, has recently announced a new feature to its platform that it claims is one of the first for the industry. Now, the "wealthtech" company is providing non-accredited investors access to frantionalized real estate loans to allow them to manage better with less risk, something that was previously only available to investors who were accredited. 

These “split loans” are available to both small investors and institutions alike, says Groundfloor. This new feature also allows Groundfloor to originate bigger loans for its borrowers.

Groundfloor CEO and Co-Founder Brian Dally says that since launching 6 years ago they have been on a mission to “open private capital markets to everyone.”

“Introducing Split Loans underscores how serious we are about our mission. This first-to-market innovation provides even more flexibility, choice, and control to diversify with access to a broader range of investment opportunities across the spectrum of risk and reward in private real estate lending,” Dally claims.

Currently, Groundfloor provides real estate loans to developers for a max amount of $2 million. The company expects that by providing split loans, they will now be able to pursue other types of real estate projects more aggressively, and thus scale more rapidly.

Read more here

Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.

Blue Banner 899 Euros Madrid Ppw 2019

August 26, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Copy Of Product Update 2025 1
Product and Services Roundup: Zoopla, Rightmove, Jitty, CaixaBank, KE Holdings

This week's Product Roundup starts in the United Kingdom, where the two biggest portals have both added useful data to...

Read More
People Roundup 1
People Roundup: Adevinta, Zillow, Redfin, Kleinanzeigen, PropertyGuru, Property Finder, REA India

Our first People Roundup of the year starts on a sombre note with multiple layoffs in the United States...  ...

Read More
Homepage Homogenisation Hero Image 2
Will Real Estate AI Search Be Another Victim of Homepage Homogenisation?

Remember plain blue text links? Real estate portal homepages used to be full of them. They led to useful things...

Read More
Ten Questions With Dwelly 3
Ten Questions with Dan Lifshits, Co-Founder & COO of Dwelly

The eventual rise of the tech-enabled real estate agency has become an increasingly inevitable topic of conversation since Artificial Intelligence...

Read More

Editor's Pick