GROUNDFLOOR is taking private real estate lending public by being the first and only crowdsourced real estate lending platform open to non-accredited investors. Before GROUNDFLOOR , only accredited investors had access to the diversification, risk-adjusted returns & control available via private market investments. As a direct lender offering crowdsourced capital for short-term residential real estate loans, GROUNDFLOOR opens the door to short-term, high-yield returns to everyday Americans, backed by real estate. We bring together individuals looking for short-term lending investments with real estate investors looking for short-term financing for their specific real estate projects. The renovators get access to more flexible, faster and cheaper capital than a traditional bank or a hard-money lender. Individuals get access to short-term, high-yield investments offering returns that average over 10%.
Since funding the first GROUNDFLOOR loan in 2014, thousands of individuals have built their own portfolios of loans ranging in yield from 5% to 23%, on terms of 6 to 12 months, starting at a minimum investment of $10 per loan. GROUNDFLOOR earned a historic qualification by the SEC in August 2015 to sell private real estate debt investments to non-accredited investors. The company was founded in 2013 by Brian Dally and Nick Bhargava and is headquartered in Atlanta, Georgia. Our fast-growing team is on a mission to benefit individual and the investments they fund by reformatting and opening private capital markets to broad public participation. We are democratizing and revolutionizing real estate lending.