Lofty
Lofty, previously known as Lofty AI, is a real estate investment company based in Miami, FL, offering a secondary market for trading property holdings with low fees and providing daily pro-rated rent payments to investors.
Company Overview
Lofty, formerly known as Lofty AI, operates in the real estate and construction industry, with a focus on housing and real estate. The company is headquartered in Miami, FL, but also supports a fully remote work environment. Lofty's team consists of 9 members, and it actively serves regions within the United States and globally through remote operations.
Investment Services
Lofty allows investors to purchase fractional ownership of properties for as little as $50, enabling decentralized property ownership. Investors receive daily pro-rated rent payments and can trade their holdings with low fees from the day of purchase. Lofty provides a platform for peer-to-peer transactions using blockchain smart contracts, ensuring investors legal ownership and the ability to co-manage properties through an online governance program.
Market Comparisons
Lofty offers a detailed comparison with Fundrise, highlighting differences in minimum investment, holding periods, early withdrawal penalties, rent payouts, average yearly returns, accessibility, earning potential, and investment liquidity. The company also features a 'Full Review' section comparing investment quality scores and listing pros and cons for each platform, aiding investors in making informed decisions.
Types of Real Estate Investments
Lofty provides investment opportunities in a diverse range of real estate properties, including commercial strip malls, HELOCs, Airbnbs, and single-family rental properties. The platform allows sellers to fractionalize equity ownership starting at just 10% rather than selling the entire property, offering flexibility for both sellers and investors. Through this model, investors can potentially build generational wealth by reinvesting their rental income into more real estate.
Media Presence
Lofty has been highlighted in numerous press outlets such as NBC News, Business Insider, Nasdaq, Coin Telegraph, Hacker Noon, South Florida Business Journal, and TechCrunch. The company's innovative approach to real estate investing and its comparison with other platforms like Fundrise have garnered significant media attention, establishing Lofty as a notable player in the real estate investment sector.