Key Deal Facts
The Borrower was advanced the money it needed to purchase this property on May 31, 2023 by Groundfloor Finance Inc. (“Groundfloor,” “we,” “us,” or “our”) or a wholly-owned subsidiary of Groundfloor. The Borrower is now in possession 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 renovation of the property may be extensive, and therefore subject to delays and other unexpected issues., The renovation will require permitting, and permits may not be obtained on time or may be denied., The borrower has had late repayments, but has repaid all loans in full, with all interest and fees due., Please consult the
Offering Circular
for further discussion of general risk factors.