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FA Group, a leading integrated architecture and technology firm, has signed a Letter of Intent to acquire a 60% controlling interest in Aspire Homes Realty Inc. and its affiliated lending platform, RateDNA, Inc. This strategic move aims to expand OFA's presence in the residential real estate and specialty lending markets.
Aspire Homes offers brokerage services with investment-focused agent training and in-house staging, design, and construction capabilities. RateDNA complements this by providing mortgage products tailored to investors, including DSCR and non-QM loans, supported by proprietary tools like SFR Analytics.
Thomas Gaffney, OFA Group's COO, believes the acquisition represents a compelling opportunity to expand into two resilient markets with cash-generating potential. He sees meaningful opportunities to leverage Aspire and RateDNA's operational talent to accelerate revenue growth, enhance cross-platform synergies, and advance long-term shareholder value creation.
As a comprehensive architectural services provider, OFA Group aims to maximize property potential through innovative design and technological advancements. The company is committed to innovation, efficiency, and scalability at the intersection of architectural excellence and technological advancement.
This press release contains forward-looking statements regarding the proposed acquisition, including anticipated benefits, timing, and market opportunities. However, actual events may differ due to various risks and uncertainties, such as regulatory hurdles, disruptions to business operations, and changes in market conditions.
