Foothold Revolutionizes Real Estate Investment with Innovative Crowdfunding Platform
US-based startup Foothold has officially launched its groundbreaking real estate crowdfunding platform, providing investors access to unique hotels and glamping spaces. The platform completed compliance with the US Securities and Exchange Commission (SEC) and unveiled its online investment processing platform on November 8, opening doors for both accredited and non-accredited investors.
Founded just last year, Foothold aims to redefine real estate investment, offering a quick and accessible alternative to the traditional perception of requiring extensive time, experience, and significant capital. The fractional investment platform focuses on hotels and glamping spaces worldwide, showcasing distinctive architectural designs.
Pioneering the ‘invest and stay’ concept, Foothold offers investors the opportunity to invest within minutes and enjoy exclusive discounts on stays. The company is gearing up to feature its ‘Patagonia Mirror Hotel’ resort as the next investment opportunity, with plans to expand offerings to local investors in the United States by 2024.
Germán Rimoldi, Foothold’s co-founder and CEO, envisions a long-term solution to support real estate developers and architects in bringing their visions to life. By collaborating to create unique short-term rentals, Foothold aims to captivate Airbnb users and reshape the landscape of real estate investment.
Rimoldi, known for founding Latin America’s first peer-to-peer car rental company, Arriendas.cl, and authoring ‘The new grave dancer,’ brings a wealth of experience to Foothold’s mission. The platform represents a promising venture for investors looking to diversify portfolios and engage with innovative real estate opportunities.
By Proptechbuzz
By Ravi Kumar