TL;DR: Lofty is a Y Combinator Summer 2019 startup Building the NASDAQ for Real Estate., currently active with a team of 7.
Building the NASDAQ for Real Estate.
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Lofty is a marketplace that let's anyone sell a house to investors online. Instead of the typical real estate transaction where one seller sells to one buyer, Lofty is much more flexible. Sellers fractionalize their equity ownership in the property into smaller units, so that anyone can buy a portion for as little as $50, allowing access to one of the best asset classes for people who have previously been locked out. Sellers can also sell a portion of their equity (starting at just 10%) instead of the entire property or create customized HELOC structures. Investors can browse a variety of individual real estate properties ranging from commercial strip malls, a HELOC in someone's house, Airbnbs, to a single-family rental properties, and directly purchase ownership in these properties in un…
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Yes. Lofty was funded by Y Combinator in the Summer 2019 batch. Building the NASDAQ for Real Estate.
Lofty is a marketplace that let's anyone sell a house to investors online. Instead of the typical real estate transaction where one seller sells to one buyer, Lofty is much more flexible. Sellers fractionalize their equity ownership in the property into smaller units, so that anyone can buy a portion for as little as…
Lofty was part of Y Combinator's Summer 2019 batch.
Lofty has a team of 7 people according to Y Combinator's directory.
Lofty is currently listed as Active with a team of 7 in Y Combinator's directory.
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