OFA Group (OFAL) has signed a Letter of Intent to acquire a 60% controlling interest in Aspire Homes Realty Inc. and its affiliated lending platform, RateDNA, Inc.
RateDNA is a high-growth, vertically integrated real estate and mortgage business backed by AlphaX, a private investment and development firm based in Orange County, California.
Thomas Gaffney, COO of OFA Group, stated that this proposed transaction offers a compelling opportunity to expand OFA’s presence in two resilient, cash-generating verticals: real estate services and specialty lending.