HIBT Lab! Landed: Alex Lofton

How I Built This · 11 May 2023 · 42m

What this episode covers

Alex Lofton, co-founder and president of Landed, explains how his company helps essential workers like teachers and nurses afford homeownership by providing down payment assistance in exchange for a share of the home's future appreciation. Lofton details the dual 'Propco' and 'Opco' fundraising structure required to support both the investment pool and operational costs, noting that Landed has helped over 100 essential workers across 30 states. He discusses the company's evolution from a real estate brokerage model to a B2B infrastructure provider, white-labeling its technology for hospital systems and state programs like California's Dream for All to scale impact without managing investor capital directly.

Mentioned

Companies
Landed, Obama for America, Blackstone, Fannie Mae, Redfin, Caldwell Banker, NRT, Expedia, Tesla
Products
California Dream for All
Also
Stanford

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