Real estate crowdfunding platform Groundfloor says it had a record-breaking quarter.
“This past Q2 2020, the company generated its highest quarterly retail investment volume in the platform’s history… This is a 48% YoY growth compared to Q2 2019 and a 255% growth compared to Q2 2018.”
Groundfloor offers property-based securities using Regulation A+. The investment platform reports over 75,000 registered users have invested more than $250 million in Groundfloor listed real estate investments. On average, Groundfloor reports a 10.6% rate of return.