Lofty

Lofty operates as a marketplace designed to facilitate the online sale of real estate to investors. Unlike traditional real estate transactions involving a single seller and buyer, Lofty offers enhanced flexibility by enabling sellers to fractionalize their equity ownership into smaller, more accessible units. This allows individuals to purchase portions of properties for as little as $50, opening up investment opportunities in a historically exclusive asset class. Sellers can opt to sell a fraction of their equity, starting from 10%, instead of the entire property, or establish tailored Home Equity Line of Credit (HELOC) structures.

Investors can explore a diverse range of real estate properties, including commercial strip malls, HELOCs, Airbnb rentals, and single-family rental properties. They can directly acquire ownership stakes in these properties in under five minutes, with no lock-up period. The platform facilitates continuous trading of ownership shares among users.

Investors gain legal ownership of their investments and participate in co-management through an online governance program. Property owners collectively decide on matters such as repairs, tenant issues, and property sales. Lofty does not handle user funds or assets; all transactions are executed peer-to-peer via blockchain smart contracts.

Lofty's ambition is to revolutionize real estate transactions in the United States by creating a NASDAQ-like platform for the industry.