Summary
293 ORMOND STREET SOUTHEAST [1ST], ATLANTA, GA is a $202,200 loan offering on a purchase project in ATLANTA, GA listed on Groundfloor.
The offering carries a stated rate of 9.25%, a term of 12 months, a loan-to-value of 64.5%, and a minimum investment of $10.
It is secured by Real estate at 293 ORMOND STREET SOUTHEAST [1ST], GA, and the borrowing entity is Blackstone Realty LLC.
According to the offering circular, on the property at 293 ORMOND TREET SOUTHEAST ATLANTA GA 30315, with a 12-month term, a 9.25% 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 0001104659-20-086230 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
- $202,200
- Stated rate
- 9.25%
- Term
- 12 months
- Loan-to-value
- 64.5%
- Minimum investment
- $10
- Project type
- Purchase
- Collateral
- Real Estate
- Return type
- Interest
- Borrowing entity
- Blackstone Realty LLC
- Status
- Active
- Target return
- 9.25%
- Collateral in place at close
- Yes
- Property address
- 293 ORMOND TREET SOUTHEAST ATLANTA GA 30315
- Loan term
- 12 months
- Rate to borrower
- 9.25%
- Repayment
- Monthly payment interest returned monthly, principal due at maturity.
- Loan-to-ARV
- 64.5%
- Loan principal
- $202,200
- Maximum offering
- $202,200
- Offering circular
- Form 1-A POS 0001104659-20-086230
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
9.25%
Above 22% of peers, median 10.5%. Low for the book.
Hold period
12 mo
Above 19% of peers, median 12 mo. Low for the book.
Loan to value
64.5%
Above 35% of peers, median 67.9%. Near the middle of 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
293 ORMOND STREET SOUTHEAST [1ST], 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.
Other Offerings by the Same Borrowing Entity
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 293 ORMOND STREET SOUTHEAST [1ST], ATLANTA, GA?
293 ORMOND STREET SOUTHEAST [1ST], ATLANTA, GA is a $202,200 loan offering on a purchase project in ATLANTA, GA listed on Groundfloor. The offering carries a stated rate of 9.25%, a term of 12 months, a loan-to-value of 64.5%, and a minimum investment of $10. It is secured by Real estate at 293 ORMOND STREET SOUTHEAST [1ST], GA, and the borrowing entity is Blackstone Realty LLC.
What interest rate does 293 ORMOND STREET SOUTHEAST [1ST], ATLANTA, GA pay?
The offering carries a stated rate of 9.25% 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.
What is the loan-to-value on 293 ORMOND STREET SOUTHEAST [1ST], ATLANTA, GA?
The disclosed loan-to-value is 64.5% on the property in ATLANTA, GA. For fix-and-flip and construction lending, this ratio is typically measured against after-repair value rather than the current as-is value, so it reflects a projected valuation rather than a realized one.
Who is the issuer of 293 ORMOND STREET SOUTHEAST [1ST], ATLANTA, GA?
The securities are issued by GRE1.
What property backs 293 ORMOND STREET SOUTHEAST [1ST], ATLANTA, GA?
The offering circular identifies the property as 293 ORMOND TREET SOUTHEAST ATLANTA GA 30315. Loan-to-after-repair-value is disclosed as 64.5%.
What is the minimum investment for 293 ORMOND STREET SOUTHEAST [1ST], ATLANTA, GA?
The disclosed minimum is $10. Eligibility, availability, and the current status of this offering are determined by Groundfloor, not by AltStreet.
Is 293 ORMOND STREET SOUTHEAST [1ST], 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.
Related Offerings on Groundfloor
314 FORTUNE ST NE UNIT B #4, ATLANTA, GA
ATLANTA, GA · Real Estate
3399 LEE ST, ATLANTA, GA
ATLANTA, GA · Real Estate
595 TWILLEY RD NW, ATLANTA, GA
ATLANTA, GA · Real Estate
1498 MURPHY AVENUE SW #1, ATLANTA, GA
ATLANTA, GA · Real Estate
369 JOSEPH E LOWERY, ATLANTA, GA
ATLANTA, GA · Real Estate
411 MORGAN PLACE SOUTHEAST #3, ATLANTA, GA
ATLANTA, GA · Real Estate
1384 LYLE AVENUE, ATLANTA, GA
ATLANTA, GA · Real Estate
907 BEECHER ST SW, ATLANTA, GA
ATLANTA, GA · Real Estate
1439 VAN VLECK AVENUE SOUTHEAST #1, ATLANTA, GA
ATLANTA, GA · Real Estate
785 THURMOND STREET NORTHWEST #2, ATLANTA, GA
ATLANTA, GA · Real Estate
1481 LANGSTON AVE SW #1, ATLANTA, GA
ATLANTA, GA · Real Estate
4055 ASHFORD DUNWOODY ROAD NORTHEAST #1, ATLANTA, GA
ATLANTA, GA · Real Estate
1258 CAMPBELLTON ROAD SOUTHWEST, ATLANTA, GA
ATLANTA, GA · Real Estate
172 RACINE STREET SOUTHWEST, ATLANTA, GA
ATLANTA, GA · Real Estate
523 JOSEPH LOWERY BOULEVARD NORTHWEST, ATLANTA, GA
ATLANTA, GA · Real Estate
2017 SANDLAKE DRIVE SOUTHWEST, ATLANTA, GA
ATLANTA, GA · Real Estate
128 NATHAN ROAD SW LOT 02, ATLANTA, GA
ATLANTA, GA · Real Estate
2119 PENELOPE STREET NORTHWEST, ATLANTA, GA
ATLANTA, GA · Real Estate
2588 BOLAND DRIVE NORTHEAST #3, ATLANTA, GA
ATLANTA, GA · Real Estate
785 THURMOND STREET NORTHWEST #1, ATLANTA, GA
ATLANTA, GA · Real Estate
340 EUGENIA ST SW, UNIT 301 #1, ATLANTA, GA
ATLANTA, GA · Real Estate
245 MATHEWSON PLACE SOUTHWEST, ATLANTA, GA
ATLANTA, GA · Real Estate
528 BROYLES ST SE #5, ATLANTA, GA
ATLANTA, GA · Real Estate
314 FORTUNE ST NE UNIT A #4, ATLANTA, GA
ATLANTA, GA · Real Estate
Real Estate offerings on other platforms
Franny's Manufacturing Inc
StartEngine
Rancho Relaxo
Mainvest
Waffles INCaffeinated Franchising Group, LLC
Honeycomb Credit
Ranchers Storefront LLC
Honeycomb Credit
HeadFarm, LLC
Netcapital
Value Add Growth REIT III LLC (DiversyFund, Reg CF)
DiversyFund · San Diego, CA
Arrived SFR Genesis Fund
Arrived
Groma NAV REIT, Inc.
Wefunder
Future Proof Property Intelligence, PBC
Netcapital
RealtyHive LLC
Wefunder
Suwannee River Farms LLC
Republic
Mystic Farm & Distillery, Inc.
StartEngine
All Groundfloor offerings →All real estate offerings →