Our monthly Groundfloor Asset Management series remains committed to highlighting key performance metrics and other relevant data managed by our Asset Management team. In this month's blog, we continue to deliver the key metrics you expect from this series, as well as provide highlights from the month.

Within this segment, we present insights into the metrics relating to the loan portfolio performance for the month of March. Our assessment will encompass loan payoffs, repayment and interest volume, rate of return, and loss ratios. Additionally, we have included comprehensive views of our loan performance states and a detailed overview of the data from the last twelve months.

Loan Repayments

Groundfloor recorded 70 loan repayments in March. A total of 901 loans have been paid over the last 12 months.

Notwithstanding the continued economic challenges, ongoing asset management efforts have contributed to stability in loan repayment activity. Despite factors such as inflation, rising interest rates, and borrower struggles, the performance rates for loan repayments have remained consistent. 

Below is a monthly breakdown of the loans repaid and repayment volume over the last twelve months:

Repayment & Interest Volume

The repayment volume for the month of March saw a total of $19,422,160. Interest volume for March returned $1,529,901.

Rate of Return

During the month of March, the rate of return was 10.42%. Groundfloor continues to uphold an impressive overall rate-of-return of 9.90%, signifying sustained strength and performance over an extended period.

Loss Ratio

In March, Groundfloor encountered 3 losses, resulting in a loss rate of 0.56%. The last twelve month average loss ratio stands at 1.75%. Groundfloor maintains an impressively low overall historical loss rate of 0.86%.

Further Detail

Groundfloor identifies three distinct loan states within our portfolio: Current, Extended, and Default. The charts below offer a month-over-month depiction of repayments from all loan portfolio states for the last twelve months. Losses are reflected within the default loan state.

Lastly, we present a full view into our overall loan portfolio over the last twelve months, broken out into expanded detail for your assessment.

Highlights from the Month

Here are some of the notable loan achievements from last month: 

7290 Twin Branch Rd NE

• The loan matured in December of 2023.
• With only 73 percent of the project complete, there remained a substantial amount of work on the property to bring to a condition at which it would sell. 
• There was ongoing communication between the borrower and Groundfloor Asset Management  members throughout the process with several deals falling out during attempted refinancing
• File was referred to foreclosure in June 2024
• Borrower continued to work on refinance as the foreclosure process began
• The property was refinanced and the loan repaid in March 2025 with full principal plus interest to investors

• The borrower notified Groundfloor in July 2022, that they filed for bankruptcy
  
• A search did not find a record of the bankruptcy filing with the courts
• Notice of Default issued to borrower at maturity in October 2022
• Borrowers attorney notified Groundfloor of the formal bankruptcy filing in February 2023
• Relief from bankruptcy was awarded by the court in April 2024
• Foreclosure was completed and the property reverted to REO in December 2024
• The property was sold and with investors repaid their full principal and interest in March 2025
  
  

March Project Spotlights

We're highlighting some of the properties that were repaid last month and showcasing their before-and-after outcomes in the section below.

1439 Van Vleck Ave SE. Atlanta GA

(New Construction - MOD)

Total Loan Amount: $554,720

Term: 6 months

Repaid Date: March 24th, 2025

Property Pending at: $849,900

4007 Ashbury PL. Sarasota FL 

(Purchase and Renovate)

Total Loan Amount: $318,448

Term: 6 months

Repaid Date: March 18th, 2025

Property Sold For: $380,000 

Review your Groundfloor Investor Account

To review your current portfolio's performance, and discover and invest in new LRO's, please visit your Investor Account here and your Auto Investor Account through the Groundfloor app.

If you don’t have an Auto Investor Account, transfer funds today via the app for easier automated investing. 

Further Reading

• • Take a look at our Borrower Spotlight
  • Check out our recent Monthly Market Trends Blog
  • Read our Asset Management Supplement