VINO - EXCLUSIVE: Gaucho Unveils New Financing Arm Targets $100M in Vineyard Lot Revenue | Benzinga
Gaucho Group Holdings, Inc (NASDAQ:VINO) announced the formation of a new fintech mortgage lending division, Gaucho Open Asset Lending (“GOAL”).
As Gaucho Holdings’ new financing arm, GOAL will likely serve as the company’s self-financing option for buyers of its unique luxury vineyard real estate project, Algodon Wine Estates, with plans to expand beyond.
This strategic development allows Gaucho, which owns Algodon Wine Estates outright, to offer prospective buyers self-financed mortgages.
These options include 10, 15, and 20-year mortgage terms, providing greater accessibility to over 400 vineyard estate ...