Looking for lenders who will lend directly to DAOs (Fractional Ownership)

[Joseph Cacciapaglia]

I'm invested in about 40 properties through 40 separate DAOs. Many of the properties are owned free and clear by the DAOs, but it's been challenging finding a lender who will work with this structure without a third party guarantor. Has anyone had any success finding a lender who would work with the DAO ownership structure? In many cases even a 50% LTV loan would be welcome. In all cases there is no single owner with more than 15% ownership in any one of the DAOs, and guarantees are available from the DAO only.

If anyone is able to solve this problem, there is a ton of financing opportunity in this space.

[Minh Duong]

@Joseph Cacciapaglia Totally get where you're coming from—this is a space with a lot of potential but not many lenders are ready for it yet. Most banks and lenders don’t know how to handle DAOs because there’s no single person in control and no personal guarantor, which makes them nervous.

That said, there are some private and non-QM lenders starting to explore DAO-friendly lending, especially if the property is owned free and clear and you're only looking for 50% LTV. They may be open to using the property itself as collateral (like a DSCR or asset-based loan), without needing a personal guarantee—as long as they can understand how your DAO operates.

If your DAOs have clear operating agreements, wallet control, and some consistent governance structure, you might be able to find a lender willing to do a deal. It’s niche, but not impossible. I know a few lenders who are open to this models—happy to connect or explore a custom structure if you’re looking to scale.