Groundfloor Lending expands leadership team

Groundfloor Lending on Wednesday announced the expansion of its leadership team as its new business unit continues to scale.

The recent appointments of Patrick Donoghue as vice president and general manager, Kendall Bazan as vice president of revenue, and Andrew Hurd as vice president of risk mark the next chapter for Groundfloor Lending as it matures into a standalone brand under the Groundfloor umbrella.

Donoghue now leads all aspects of the business, from borrower experience to growth strategy and servicing. During his 10 years at Groundfloor, he has built deep expertise in lending, operations and market risk, most recently serving as the company’s vice president of market risk.

Bazan joins Groundfloor from her previous position as chief marketing and strategy officer for Upright (formerly known as Fund That Flip). She brings more than 12 years of experience driving growth for fintech and technology companies, having scaled organizations from $1 million to $100 million in revenue while leading initiatives that have supported more than $5 billion in real estate transactions.

Hurd, who spent more than 15 years in commercial lending, private banking and real estate finance, now oversees credit strategy, underwriting, servicing and asset management at Groundfloor.

“This leadership team reflects the scale of the opportunity ahead of Groundfloor Lending,” said Brian Dally, the company’s co-founder and CEO. “Patrick, Kendall, and Andrew each bring a distinct expertise — market analysis, revenue growth, and credit risk — that together will fuel our next chapter of innovation and expansion.”

In the first half of 2025, Groundfloor Lending reportedly achieved 66% growth in origination volume, 28% growth in units and 49% growth in revenue compared to the same period in 2024, It set a new internal record for originations in June 2025, according to a company press release.

After starting as a crowdfunding lending platform, Groundfloor has funded more than $1.8 billion in real estate investment loans in at least 45 states.