7 Best Yieldstreet Alternatives in 2026 (After $208M in Losses)

Corrected October 16, 2026 — Fundrise prospectus date. Earlier versions of this page gave the date of the Fundrise Flagship and Income prospectuses as April 29 or April 30, 2026. Both are dated May 1, 2026: EDGAR accepted each Form 486BPOS on the evening of April 29, gave it a filing date of April 30 and made it effective on May 1 (Flagship filing index, Income filing index). The fee figures cited are unchanged.

What Happened to Yieldstreet (Now Willow Wealth)

In October 2025, Yieldstreet rebranded to Willow Wealth. The rebrand coincided with another round of investor loss notifications. Within days, the company quietly scrubbed a historical returns chart from its website — the one showing annualized real estate returns of negative 2% from 2015 to 2025. CNBC documented the scrubbing.

For the most current forensic status — including the March 19, 2026 SEC Form 425 disclosing that the Yieldstreet Alternative Income Fund (formerly Prism, CIK 0001762229) is being acquired by Mount Logan Capital's SOFIX interval fund, the insider-led $122M Series D with Tarsadia president Mitchell Caplan installed as CEO May 2025, the new Carlyle / Goldman / StepStone third-party distribution menu launched December 4 2025, and founder Milind Mehere's full exit to Autonomy Finance + Advisor360° — see our Willow Wealth 2026 status review. The Mount Logan transaction is the cleanest forensic evidence available that the rebrand was strategic retreat, not turnaround.

The cumulative damage as of April 2026:

• Marine vessel loans: $89M lost. Ships had already been scrapped without investor notice; others had their GPS tracking switched off to avoid detection.
• Real estate defaults (August 2025): $78M across multiple deals
• Nashville Music Row + Houston (December 2025): $41M in additional losses
• Class action settlement: $9M (October 2024)
• SEC fine: $1.9M (2023, for hiding that ship collateral had already been deconstructed)
• Total verified: $208M+

The CNBC-documented default rate across real estate deals: 30% — 9 of 30 real estate deals reviewed in default.

And then there's the mascot. In the same month investors received default notices, Willow Wealth launched a mascot named Hampton Dumpty — billed as a character who "learned a thing or two about crashes." Investors noticed. The internet did not respond charitably.

One Critical Warning Before the Alternatives

Multiple "Yieldstreet alternatives" articles recommend Cadre as a substitute. This is wrong. Yieldstreet acquired Cadre in January 2024. Cadre is a Yieldstreet subsidiary. Using Cadre as an escape from Yieldstreet's history means your money is still with the same parent company. As of late 2025 / early 2026, the Cadre broker-dealer subsidiary RealCadre LLC has been renamed Willow Wealth Markets LLC — see our forensic Cadre 2026 Status Review for the full read on the 87% valuation collapse from 2017 $800M to ~$100M acquisition and the brand's current zombie-marketing-front-door status. Likewise, do NOT use JLL Income Property Trust (sold only through broker-dealer channels — not direct retail) as a substitute for Yieldstreet products unless you have advisor access; do consider it as an institutional NAV REIT alternative for the broader alternatives sleeve.

The 7 Best Yieldstreet Alternatives

*$1,000 Traverse first-time offer; $5,000 standard Alpine Notes

#1 — Fundrise

Best for: Non-accredited investors replacing Yieldstreet's diversified pitch

Fundrise is the most direct substitute for Yieldstreet's core value proposition: passive income from a diversified real estate portfolio, no stock market correlation.

Why it beats Yieldstreet: Fundrise's real estate investments are domestic, diversified across hundreds of properties, and have never experienced a $208M default event. The Flagship fund discloses one all-in figure, 1.78% total annual fund operating expenses (0.85% of it the management fee; prospectus dated May 1, 2026), which is easier to compare than Yieldstreet's layered cost structure. Correction, October 14, 2026: an earlier version of this page said a 1% flat fee (0.85% plus 0.15% advisory); the fund's fee table shows no separate advisory fee. The Supplemental Income plan currently yields 7.94% annually through quarterly distributions — better than what most Yieldstreet accounts delivered before the defaults.

The private credit angle: Fundrise's Private Credit Fund originates senior debt, mezzanine, and preferred equity on real estate projects. This is exactly the asset class Yieldstreet marketed — but Fundrise has never had a marine-vessel-type collapse.

The honest caveat: 2023 was −7.45%. Rate hikes hit private real estate NAVs hard. Fundrise suspended redemptions during the 2022–2023 downturn. This is not a FDIC-insured account and it's illiquid. But these risks are disclosed clearly, not scrubbed from the website.

#2 — Groundfloor

Best for: High-yield debt, short-term duration, non-accredited

If you want the Yieldstreet debt experience — lending money against hard assets for fixed returns — Groundfloor is the closest equivalent with zero investor fees and a much cleaner regulatory track record.

Why it beats Yieldstreet: Groundfloor's loans are secured by first-lien mortgages on real property — actual hard asset backing. Short durations (6–18 months) mean no decade-long lockup. The Flywheel Portfolio auto-diversifies across hundreds of loans with weekly distributions of principal and interest. Groundfloor has originated $1.6B+ in loans with 5,800+ completed projects. No SEC fraud enforcement against the platform.

The Signature Note angle: The 12-Month Signature Note pays 8.0% fixed (October 7, 2026) with a $1,000 minimum and, per Groundfloor, a 100% on-time payment record since 2018. This is the closest structural equivalent to Yieldstreet's alternative income pitch — without the history of hidden collateral risks.

The honest caveat: Individual investors report personal default rates of 24–35% across loan portfolios — higher than the 4.71% lifetime "uncured" figure that circulates in third-party reviews (it is not in Groundfloor's SEC filings; the FY2025 Form 1-K shows 73.4% of the legacy loan book more than 90 days past due). The discrepancy is real: defaulted loans stay in portfolios longer than performing loans, creating a survivorship bias effect. Use the Flywheel or Notes products if you want predictable returns without loan-picking risk.

#3 — EquityMultiple (Traverse Note)

Best for: Accredited investors fleeing Yieldstreet who want short-term yield with capital safety

EquityMultiple's Alpine Notes — and specifically the first-time investor Traverse offer — are the most direct accredited-investor substitute for Yieldstreet's short-term yield products.

Why it beats Yieldstreet: The Traverse note at 9.0% APY with $1,000 minimum directly replaces what Yieldstreet promised — competitive yield on a short-term instrument backed by a vetted platform. EquityMultiple absorbs first losses before Note investors, provides structural protection Yieldstreet's marine deal investors never had. The zero-fee structure is cleaner than Yieldstreet's layered cost stack.

The honest caveat: EquityMultiple has a BBB grade of B- and a 1.6/5 Trustpilot score (both as of September 2026) — concerning numbers for any platform. The Notes product specifically gets positive reviews; the equity deal product (illiquid, 3–7 year hold) does not. Treat EquityMultiple as a Notes-only platform unless you're a sophisticated investor comfortable with individual deal evaluation.

#4 — Arrived Private Credit Fund

Best for: Non-accredited investors wanting monthly income with strong institutional backing

Arrived's Private Credit Fund (PCF) launched August 2024 and has delivered consistent 8%+ yields with zero defaults.

Why it beats Yieldstreet: Arrived is backed by Jeff Bezos and other institutional investors with a clean compliance track record. The PCF is pure real estate debt — construction and renovation loans — with no marine finance, art, or legal finance cross-contamination. Monthly distributions let investors track performance clearly. The $100 minimum is 100x more accessible than Yieldstreet's $10,000 minimum.

The QBI angle: Under the One Big Beautiful Budget Act (OBBBA, P.L. 119-21, signed July 4, 2025), the 20% pass-through QBI deduction is now permanent. Arrived's REIT structure preserves this deduction — reducing the effective tax rate on distributions for qualifying investors.

The honest caveat: The fund is young (2024 launch) with no full credit cycle data. Construction loans carry execution risk. The 1.75% sales load is a real cost. Zero default history sounds great but reflects a 20-month window, not a decade of data.

#5 — RealtyMogul

Best for: Non-accredited CRE exposure — with major 2025-2026 context

RealtyMogul was once a standout Yieldstreet alternative. The 2025-2026 data changes the picture. Read this carefully before investing.

The Income REIT cut its distribution from 6.0% to 4.0% in December 2025, to approximately 3.0% for Q1 2026 and to approximately 1.5% of NAV for Q2 2026. NAV is down 37.8% from peak. MogulREIT II distributions are paused, and share repurchases at both REITs have been suspended since April 21, 2026. Trustpilot reviewers report waiting 2–4 years for redemption processing.

Why it still makes the list: Despite the cuts, RealtyMogul has made 109 consecutive months of distributions without a single missed payment — a contrast with Yieldstreet's outright defaults. The new Wideman Company ownership has committed to co-investing on all new deals, a structural improvement. If commercial real estate recovers through 2026-2027, distributions and NAV could normalize.

The honest caveat: This is a patient-capital position, not a Yieldstreet income replacement. If you need near-term yield, use Fundrise or Groundfloor instead. RealtyMogul would suit only investors with a 3–5 year horizon who believe CRE will recover, and only if its REITs reopen: both have been closed to new money since July 11, 2025.

#6 — Concreit

Best for: Liquidity-sensitive investors wanting weekly cash flow

Concreit has one structural advantage no other platform on this list offers: weekly distributions.

For investors who spent years watching Yieldstreet give "watchlist" updates on frozen positions, weekly distributions are psychologically and financially valuable. Concreit allows redemptions on a much shorter cycle than any equity-focused crowdfunding platform.

Why it beats Yieldstreet: Transparency through frequency. You see your account grow every week. Yieldstreet investors sometimes waited years for resolution on defaulted deals. Concreit's $1 minimum allows anyone to test the platform with virtually no capital commitment.

The honest caveat: 6.18% is the lowest return on this list for comparable risk. The fund structure doesn't publish individual loan details — you can't see exactly what you're lending to. Smaller platform with less institutional backing. No FDIC insurance.

#7 — Streitwise

Best for: Office RE contrarians with a long horizon — NOT for income replacement

We include Streitwise for completeness, but with a warning that most alternatives articles don't make explicit:

Streitwise currently pays 2.3% annually on NAV (1.6% on the original $10 price).

The math: quarterly dividend cut from $0.13/share (historical) to $0.03/share (Q1 2025), then $0.04/share from Q2 2025. At the $6.96 NAV (June 30, 2026), $0.04/quarter = $0.16/year = 2.3% annualized yield; on the original $10 price it is 1.6%.

The marketing still prominently features "8.3% historical average since 2017" and "30+ consecutive quarterly dividends." Both are technically true. The current yield is 2.3% on NAV.

The cause: concentrated office exposure at a time when 85% occupancy still means significant projected capital expenditures for tenant retention. The dividend cut reflects real operating conditions, not fraud.

Why it's on the list at all: Streitwise has declared 37 distributions since 2017. The dividend can theoretically rise if office occupancy stabilizes. New investors cannot buy in, though: the board suspended the offering effective June 25, 2026 and the redemption plan effective July 1, 2026 while it evaluates strategic alternatives. This is a contrarian bet on office real estate recovery — appropriate only for investors who explicitly believe in that thesis.

The honest verdict: If you're migrating from Yieldstreet and need income replacement, Streitwise is not it at 2.3%. Use Fundrise (7.94%), Groundfloor's 12-month Signature Note (8.0%, open to all, October 15, 2026), or Arrived PCF (7.44% on its August 2026 declaration).

Mapping Yieldstreet Products to Real Alternatives