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Localpaper.Com announced it raised $800,000 in an initial filing from an offering of $800,000

Feb 09, 2024over 1 year ago

Amount Raised

$800,000

Round Type

seed

Hallandale BeachConstruction

Company Information

Company

LOCALPAPER.COM

Location

Hallandale Beach, Florida, United States

About

The Principals of LocalPaper have been in the real estate investment business for the past 20+ years. They have directly funded and subsequently managed the investment in over $1 Billion of real estate-related assets including first mortgage fundings, NNN single-tenant​ properties, real estate tax liens, and multi-family residential buildings. Since 2012 we have focused on directly sourcing and funding first lien loans on residential and commercial real estate. The Principals of LocalPaper operate what is arguably the largest private lender in the State of Florida. As such, at LocalPaper we differentiate ourselves by vetting our own deals, in our own region, and funding each and every deal alongside the platform investors. It is one thing to underwrite well, it is another to underwrite well and take risk alongside one’s partners.

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