The fractional real estate market was valued at $4.2 billion in 2025 and is projected to reach $14.8 billion by 2034, growing at a 15.1% compound annual rate. This projected expansion reflects growing interest in accessing income-producing properties without the substantial down payments or property management responsibilities associated with traditional ownership.
Finding the right platform means balancing minimum investment requirements, return potential, fee structures, and the type of real estate exposure you're seeking. We identified twelve platforms offering different approaches to fractional real estate investing and related real estate investment structures for 2026, including property-specific ownership, pooled funds, real estate-backed debt, and Delaware Statutory Trusts.
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.
Key Takeaways
Minimums vary by platform - Entry points range from $10 (Fundrise) to $25,000+ (CrowdStreet), depending on the investment type and offering
mogul reports 18.8% historical average annual IRR - The company-reported figure is as of June 1, 2026, and does not guarantee future results
Distribution frequency matters - mogul, Ark7, and Arrived generally offer monthly distributions when properties generate available income
Property-level vs. pooled investments - Some platforms let you choose specific properties while others invest your capital across diversified funds
Tax treatment varies by structure - LLC interests may provide K-1 reporting with potential depreciation benefits, while REIT distributions are generally reported on Form 1099-DIV
Why Fractional Real Estate Makes Sense
Traditional real estate investment requires substantial capital, including down payments, closing costs, and reserves for repairs. A $300,000 rental property with a 25% down payment requires $75,000 in upfront equity before closing costs and other expenses. Fractional platforms lower the capital requirement by allowing multiple investors to participate in individual properties or pooled investments.
The appeal extends beyond accessibility. Single-family rentals offer multiple potential sources of investment returns, including appreciation, rental income, applicable tax advantages, and leverage. Real estate investments can also provide diversification across asset classes and property markets.
1) mogul
mogul was founded by Goldman Sachs real estate alumni with over $10 billion in collective deal experience. The platform applies institutional underwriting standards to single-family rentals, with less than 1% of reviewed properties passing its diligence process.
Key Features
Monthly income distributions - Available net rental income is distributed to investors on a monthly schedule
First-year loss protection - mogul offers up to $10,000 in first-year loss protection for qualifying investments made during a new member's first seven days
Property-specific LLC ownership - Investors hold membership interests in property-specific LLCs, with Schedule K-1 reporting, potential tax benefits, and governance rights
Multiple rental strategies - Access to short-term rentals (Airbnb-style), mid-term rentals, and long-term rentals
Fee Structure
mogul's fee structure includes a one-time platform fee of 5%.
Why It Made the List
mogul combines institutional real estate expertise, property-specific selection, monthly distributions, and a fee-efficient operating structure. The company also reports co-investing in every property offered, aligning its participation with that of investors.
Ninety percent of mogul investors make a second investment, with those subsequent investments averaging three times the size of their first, based on company-reported metrics. The platform's rigorous selection process and Goldman Sachs background support its institutional approach to property evaluation.
For investors interested in real estate wealth-building benefits without managing tenants or maintenance, mogul provides professionally managed properties with fractional ownership.
2) Fundrise
Fundrise has operated since 2012 and provides access to pooled real estate and alternative investment funds. Its real estate products include funds holding residential and commercial properties, while separate investment offerings provide exposure to private credit and technology companies.
Key Features
$10 minimum - Entry point for eligible taxable investment accounts
Diversified portfolios - Fund-based allocation across multiple investments
Quarterly distributions - Applicable funds offer dividend distributions with reinvestment options
Mobile app - Account management, investment tracking, and portfolio information
Fee Structure
Fundrise's core real estate strategy generally charges a 0.15% annual advisory fee plus a 0.85% annual management fee. The separately listed Innovation Fund, which focuses on technology companies, has its own fee structure.
Why It Made the List
Fundrise provides access to pooled real estate investments through a $10 starting minimum. Its fund structure allows investors to participate in portfolios containing multiple underlying assets.
Investors select a fund or investment strategy rather than individual properties. Portfolio allocation and property selection are managed within the applicable fund structure.
3) Arrived
Arrived enables property-level selection for both single-family and vacation rentals. The platform offers individual property investments and pooled real estate products, with property management coordinated through operating partners.
Key Features
Property-specific selection - Investors can select available individual homes
Vacation rental access - Short-term rental properties alongside traditional long-term rentals
Series LLC structure - Property-level ownership through dedicated entities
Home Ownership Program - Provides participating tenants with a potential path to purchasing the homes they rent
Fee Structure
Arrived charges quarterly asset management fees that vary by investment product, generally ranging from 0.1% to 0.3% per quarter. For individual single-family residential properties, the asset management fee is generally 0.15% of the property purchase price per quarter.
Property management fees for single-family rentals are generally 8% of gross rental income. Vacation rental management fees follow different arrangements, typically ranging from 15% to 20% of rental revenue.
Why It Made the List
Arrived provides individual property selection with a $100 starting minimum. Investors can purchase shares across available residential properties and select among different rental strategies.
Income-producing individual properties generally distribute available cash flow monthly after applicable expenses and reserves. The platform coordinates leasing, maintenance, and property management through its operating partners.
4) RealtyMogul
RealtyMogul has served more than 300,000 members since 2012 and provides access to commercial real estate investments. Its offerings include non-traded REIT structures and private placements for accredited investors.
Key Features
REIT and private placement structures - Participation requirements depend on the offering
Commercial focus - Multifamily, office, retail, and industrial properties
Income REIT - Reports a 1.5% annualized distribution rate
Platform history - Operating since 2012
Why It Made the List
RealtyMogul provides exposure to commercial real estate through different investment structures. Its historical $5,000 REIT minimum offered participation for non-accredited investors, while private placements serve accredited investors seeking individual commercial offerings.
The platform was acquired by a group of real estate operators led by The Wideman Company in November 2025. Its investment lineup includes private placement opportunities, while the two REIT offerings remain paused for new investors.
5) EquityMultiple
EquityMultiple provides accredited investors with access to commercial real estate through multiple investment structures, including debt, common equity, and preferred equity. These structures represent different positions in the capital stack, with investment terms and return targets varying by offering.
Effective August 1, 2026, Larson Capital Management became the day-to-day operator of the EquityMultiple platform under a licensing arrangement. EM Investment Partners continues managing and servicing existing investments under their original terms.
Key Features
Multiple structures - Debt, preferred equity, and common equity positions
Alpine Notes - Short-duration note products
Commercial property types - Multifamily, office, industrial, and self-storage properties
Different holding periods - Short-duration notes and multi-year equity investments
Why It Made the List
EquityMultiple provides exposure to different parts of the commercial real estate capital structure. Debt positions generally prioritize contractual repayment terms, while equity positions participate in property-level investment outcomes.
The platform's offerings have different minimum commitments, fees, and holding periods. Participation is generally restricted to accredited investors under SEC accreditation criteria.
6) Lofty AI
Lofty uses the Algorand blockchain to record fractional real estate ownership interests. Its platform supports daily rental income crediting and a secondary marketplace that operates around the clock.
Key Features
Daily income crediting - Rental income is credited daily when available
Blockchain tokenization - Algorand-based property ownership records
24/7 marketplace - Buy and sell property interests subject to available counterparties
Multiple payment methods - Supports fiat payments and selected cryptocurrencies
Why It Made the List
Lofty provides a marketplace for fractional property interests using blockchain-based records. Investors can place orders through the platform, with transaction execution dependent on market participation and available counterparties.
Daily income crediting provides a different distribution schedule from monthly and quarterly arrangements. The platform charges 2.5% on purchases and 3% on sales, with no traditional recurring AUM fee.
7) Ark7
Ark7 offers property-specific fractional ownership interests through Regulation A-qualified securities offerings. Share prices on certain offerings begin around $20.
Key Features
$20 starting share price - Available for certain property offerings
Monthly distributions - Distributions of available cash flow according to property performance
PPEX marketplace - Secondary trading access through a third-party alternative trading system
Regulation A structure - SEC-qualified securities offerings
Fee Structure
Applicable fees include a one-time sourcing fee of up to 3%, property management fees generally ranging from 8% to 15% of rental income, and an asset management fee of up to 15% of distributable cash flow. These fees apply to different bases and depend on the relevant property offering.
Why It Made the List
Ark7 provides access to property-specific interests through smaller share purchases. Investors can select among available offerings and receive distributions when a property's operations generate distributable cash flow.
The PPEX marketplace provides a mechanism for eligible secondary sales after applicable holding periods, with transactions subject to trading rules and buyer demand. Ark7 reported a 4.04% annualized portfolio dividend return rate for June 2026.
8) Willow Wealth
Willow Wealth, formerly Yieldstreet, provides access to alternative investments including real estate, private credit, private equity, and other private-market assets. Its offerings include individual opportunities, funds, and managed portfolios.
The former Yieldstreet Alternative Income Fund completed its reorganization into Mount Logan's Opportunistic Credit Interval Fund (SOFIX) on August 24, 2026.
Key Features
Multi-asset platform - Real estate alongside private credit, private equity, and other alternatives
Managed portfolios - Portfolio allocations across multiple underlying funds
Offering-specific access - Investment eligibility and minimums vary by product
Private-market investments - Individual offerings and managed portfolio products
Why It Made the List
Willow Wealth provides access to real estate as part of a broader alternative investment platform. Investors can participate through individual offerings or managed portfolios, depending on eligibility and product availability.
Fee structures vary by product. Willow 360 Managed Portfolios disclose a 1.25% advisory fee plus approximately 0.175% in underlying expenses. The platform primarily focuses on accredited investors.
9) Groundfloor
Groundfloor offers investments tied to short-term real estate loans, including financing for residential renovation projects. Rather than purchasing equity interests in individual rental properties, investors participate through debt-based products.
Key Features
Debt investment model - Invest in real-estate-backed lending products
No investor fees on standard Loans and Notes - Borrower-side charges support the platform's lending model
Short durations - Many loans have stated terms of approximately 6-18 months
Non-accredited access - Certain products are available to non-accredited investors
Why It Made the List
Groundfloor provides access to real-estate-backed lending products with contractual interest terms. Repayment depends on the underlying loans, borrower performance, and applicable recovery processes.
The platform's loan and note products generally have shorter stated terms than multi-year equity investments. Interest payments and repayment timing depend on the terms of the applicable product.
Product Update: Groundfloor's Flywheel Portfolio closed to new investments and automatic reinvestments on July 7, 2026. The company continues to offer other real estate credit products.
10) CrowdStreet
CrowdStreet operates a marketplace connecting accredited investors with commercial real estate sponsors. Investors can select specific offerings across multifamily, office, retail, industrial, hospitality, and other property sectors.
The platform reports nearly $4.5 billion of equity deployed across approximately 800 individual transactions.
Key Features
Marketplace model - Individual commercial real estate offerings from participating sponsors
Commercial focus - Office, multifamily, retail, industrial, and hospitality properties
Investment documentation - Business plans, financial information, and sponsor materials
Different investment structures - Debt and equity opportunities depending on the offering
Why It Made the List
CrowdStreet provides a marketplace structure for evaluating commercial real estate opportunities individually. Available offerings include sponsor information, property financials, and investment terms.
Holding periods, minimum investments, and distribution arrangements vary by transaction. Participation generally requires accredited investor status, with minimum commitments starting around $25,000.
Why mogul Offers a Different Approach
When evaluating fractional real estate platforms, mogul stands apart for investors seeking institutional-quality underwriting combined with property-specific selection. Its approach focuses on the needs of investors interested in single-family rental real estate, monthly income potential, and professionally managed properties.
Institutional Expertise Applied to Single-Family Rentals
mogul was founded by Goldman Sachs real estate alumni who collectively bring over $10 billion in institutional real estate transaction experience. This background informs the company's property selection process, with less than 1% of reviewed properties passing mogul's diligence standards.
The analytical approach used in institutional real estate investing is applied to individual properties available through the platform.
Company-Reported Historical Performance
The platform reports an 18.8% historical average annual IRR as of June 1, 2026. This company-reported performance reflects mogul's historical investment results across platform assets and its focus on professionally underwritten single-family rental properties.
Historical results are not guarantees of future investment outcomes.
Monthly Income Distribution Structure
mogul provides monthly rental income distributions when properties generate available net rental income after applicable expenses, fees, and reserves. This schedule provides investors with recurring opportunities to receive income and monitor property-level cash flow.
Monthly reporting and distributions also help investors follow the operating performance of properties within their portfolios.
Conditional First-Year Loss Protection
mogul offers up to $10,000 in first-year loss protection for qualifying investments made during a new member's first seven days. Under the promotion, qualifying losses assessed after one year may be covered using mogul's balance sheet capital, subject to the program's terms.
Direct LLC Membership Interests
Investors hold membership interests in property-specific, state-registered LLCs. This structure provides property-level transparency, potential depreciation-related tax benefits, Schedule K-1 reporting, and governance rights on qualifying major decisions.
Investors can identify the underlying properties associated with their ownership interests and track individual property performance.
Fee Structure
mogul's fee structure includes a one-time platform fee of 5%.
Tools for Informed Decisions
Beyond investment offerings, mogul provides free investment property calculators and Airbnb calculators that analyze potential returns for U.S. property addresses.
These tools use institutional-grade data to estimate rental income, ROI, and returns across multiple scenarios, allowing investors to evaluate property opportunities using consistent financial assumptions.
For investors focused on building single-family rental portfolios with professional oversight, mogul brings together institutional experience, a monthly income distribution structure, and property-specific transparency.
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.
Frequently Asked Questions
What is fractional real estate investing?
Fractional real estate investing allows multiple investors to purchase ownership interests associated with income-producing properties. Rather than acquiring an entire property, investors purchase fractional interests through platforms that coordinate acquisition, management, and operations. Investors may receive proportional income distributions when properties generate available cash flow and participate in appreciation when properties are sold. Learn more about fractional investing.
What are the minimum investment requirements for fractional real estate?
Minimums vary significantly across platforms. Fundrise offers a $10 starting point, while CrowdStreet typically requires $25,000 or more. Property-specific platforms like Ark7 offer smaller entry points for individual assets.
mogul's investment minimums vary by property, with the platform emphasizing meaningful portfolio allocations and professionally underwritten real estate investments.
How do fractional real estate platforms generate returns?
Returns may come from multiple sources, including rental income, property appreciation, and applicable tax benefits. The balance between income and appreciation depends on the investment structure, property type, financing, and operating strategy. Short-term rental properties may generate income from guest bookings, while other strategies may combine recurring rental income with long-term property appreciation. A rental property calculator can help estimate potential returns under different assumptions.
What's the difference between fractional ownership and REITs?
Fractional ownership through property-specific LLCs provides membership interests associated with identifiable properties, generally involving Schedule K-1 reporting and potential property-related tax deductions. Real Estate Investment Trusts (REITs) typically hold portfolios of real estate assets and distribute income to shareholders. REIT investors generally receive Form 1099-DIV reporting rather than property-specific K-1 allocations. Publicly traded REITs can be bought and sold on securities exchanges, while non-traded REITs have different liquidity arrangements. The investment structure determines the applicable ownership rights, reporting, and tax treatment.
What are the liquidity and tax implications of fractional real estate?
Liquidity: Many private fractional real estate investments have multi-year holding periods, commonly ranging from approximately 3-10 years depending on the offering. Some platforms provide secondary marketplaces where eligible interests may be sold, subject to trading rules and buyer demand. mogul has also outlined plans for a secondary marketplace using third-party property valuation data.
Tax implications: Property-specific LLC interests may generate Schedule K-1 forms, with potential depreciation deductions depending on the entity structure and applicable tax rules. The IRS outlines general rental property depreciation and expense treatment in Publication 527. REIT distributions generally involve Form 1099-DIV reporting, while debt investments may generate interest income reported on applicable tax forms. Individual tax outcomes depend on the investment and the investor's circumstances.