Key Deal Facts
The Borrower was advanced the money it needs to begin construction of this property on July 12, 2022 by Groundfloor Finance Inc. (“Groundfloor,” “we,” “us,” or “our”) or a wholly-owned subsidiary of Groundfloor. The Borrower has begun construction of the property. If this offering is fully subscribed, Groundfloor will continue to administer and service the loan as further described in the Offering Circular., The construction of the property may be extensive, and therefore subject to delays and other unexpected issues., The construction will require permitting, and permits may not be obtained on time or may be denied., There is no existing structure on this property, or if there is, it will be demolished, and a new structure built in its place., Please consult the
Offering Circular
for further discussion of general risk factors.