Summary
1401 WOODBINE ST SE #2, ATLANTA, GA is a $102,000 loan offering structured as a first lien position on a new construction project in ATLANTA, GA listed on Groundfloor.
The offering carries a stated rate of 8.5%, a term of 12 months, and a minimum investment of $10.
It is secured by Real estate at 1401 WOODBINE ST SE #2, GA, and the borrowing entity is Shabby Sheek LLC.
According to the offering circular, the loan is a first lien, on the property at 1401 WOODBINE ST SE. LANTA 30317, with a 12-month term, a 8.5% rate to the borrower.
AltStreet tracks 787 other Groundfloor offerings in ATLANTA, GA, with disclosed rates ranging from 6% to 19%, and across 4,355 tracked Groundfloor offerings the median disclosed rate is 10.5%.
Terms shown here are drawn from SEC filing 0001104659-22-012795 and were captured by AltStreet on 2026-05-31. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.
Disclosed Terms
- Offering amount
- $102,000
- Stated rate
- 8.5%
- Term
- 12 months
- Position
- First Lien
- Minimum investment
- $10
- Project type
- New Construction
- Collateral
- Real Estate
- Return type
- Interest
- Borrowing entity
- Shabby Sheek LLC
- Status
- Active
- Target return
- 8.5%
- Collateral in place at close
- Yes
- Property address
- 1401 WOODBINE ST SE. LANTA 30317
- Lien position
- First Lien
- Loan term
- 12 months
- Rate to borrower
- 8.5%
- Loan principal
- $102,000
- Maximum offering
- $102,000
- Offering circular
- Form 1-A POS 0001104659-22-012795
Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.
Where It Sits in Groundfloor's Book
Disclosed rate
8.5%
Above 15% of peers, median 10.5%. Low for the book.
Hold period
12 mo
Above 19% of peers, median 12 mo. Low for the book.
Compared against 4,323 other Groundfloor real estate offerings with a disclosed rate. 1,423 of them are in GA, where the median disclosed rate is 10.5%. A percentile places a disclosed term, not a result. Browse the full Groundfloor book.
Filing Record
1401 WOODBINE ST SE #2, ATLANTA, GA is offered under Groundfloor's Regulation A (Form 1-A) program, a single SEC registrant that covers 1,266 tracked offerings. The program's filing history runs from 1-A on Mar 24, 2023 to 1-K on Apr 1, 2026. Those filings describe the program, not this loan; the terms above are this offering's own.
13 audited annual statements are on file for this issuer.
From SEC EDGAR, as filed. Issuer filing history.
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1401 WOODBINE ST SE #1, ATLANTA, GA
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Terminal Analysis
Terminal analysis for this offering
Terminal access unlocks rate, LTV, and term percentiles against every tracked peer, the borrower's prior-loan repayment record, the full valuation and cost stack, and more.
Access full researchQuestions About This Offering
What is 1401 WOODBINE ST SE #2, ATLANTA, GA?
1401 WOODBINE ST SE #2, ATLANTA, GA is a $102,000 loan offering structured as a first lien position on a new construction project in ATLANTA, GA listed on Groundfloor. The offering carries a stated rate of 8.5%, a term of 12 months, and a minimum investment of $10. It is secured by Real estate at 1401 WOODBINE ST SE #2, GA, and the borrowing entity is Shabby Sheek LLC.
What interest rate does 1401 WOODBINE ST SE #2, ATLANTA, GA pay?
The offering carries a stated rate of 8.5% over a term of 12 months, as disclosed at the time of the offering on Groundfloor. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.
Who is the issuer of 1401 WOODBINE ST SE #2, ATLANTA, GA?
The securities are issued by GRE1.
What property backs 1401 WOODBINE ST SE #2, ATLANTA, GA?
The offering circular identifies the property as 1401 WOODBINE ST SE. LANTA 30317. The loan is a first lien.
What is the minimum investment for 1401 WOODBINE ST SE #2, ATLANTA, GA?
The disclosed minimum is $10. Eligibility, availability, and the current status of this offering are determined by Groundfloor, not by AltStreet.
Is 1401 WOODBINE ST SE #2, ATLANTA, GA still open to investors?
AltStreet's record shows the offering as active. AltStreet tracks this offering from SEC filings, last captured 2026-05-31. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Groundfloor before acting.
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