Every platform,
scored.
40+ hours of research per review. Fee structures audited, historical yields modelled, liquidity clauses read line by line. Ranked by our editorial score, not affiliate revenue.
Most real estate crowdfunding reviews on the open web are written by people who have never read the platform's offering circular. Ours start there. Every review below is built from the actual SEC filings (Form 1-A, 1-K, 1-U, 253G2, Form ADV Part 2A), the platform's most recent audit opinion, third-party regulatory dockets, BBB and Trustpilot patterns, and where applicable, court filings and class-action disclosures. We don't copy returns from press releases — we reconstruct them from distribution history.
What you can expect: a clearly stated affiliate disclosure (most of these platforms don't pay us — we say so explicitly), a structural breakdown of how the platform holds your money (bankruptcy-remote SPVs, eREITs, LROs, Notes — they aren't equivalent), the real, fee-net return data we could verify, the worst single disclosed event on the platform's history, and the specific investor profile each platform actually serves well — which is rarely "everyone." Reviews include the editorial score; platforms with paused REITs, suspended share repurchase programs, going-concern warnings, or active fraud lawsuits are scored down honestly, not buried.
The leaderboard is sorted by editorial score, not by whether we earn a commission. DealCheck pays a real affiliate commission and is mentioned in tooling articles; Fundrise, Groundfloor, EquityMultiple, and RealtyMogul programs are pending or not yet applied — the link from each review is a generic, untracked link. Arrived Homes confirms in their help center that they have no affiliate program at all; we say so on every Arrived page. Three platforms — PeerStreet (bankrupt), Yieldstreet (Willow Wealth rebrand after $208M investor losses), and CrowdStreet (post-fraud lawsuit) — appear only in cautionary content. We do not link to them.
Looking for context first? Read the complete 2026 beginner's guide, the forensic catalog of every platform failure 2020-2025, and the pillar on bankruptcy-remote vs not-bankruptcy-remote platforms before you decide where to allocate. Or jump straight to a head-to-head comparison below.
Velocity Financial
DealCheck
JLL Income Property Trust, Inc. (NAV REIT)
Fundrise Income Real Estate Fund
CFBank, N.A.
Nuveen Global Cities REIT, Inc. (NAV REIT)
Origin Investments IncomePlus Fund
Visio Lending
Fundrise
A&D Mortgage
North American Savings Bank
Constructive Loans
Anchor Loans
Phillips Edison & Company (PECO)
PIMCO Flexible Real Estate Income Fund (REFLX)
Ares Real Estate Income Trust, Inc. (AREIT)
ExchangeRight Essential Income REIT (ExchangeRight Income Fund)
RCN Capital
Lightstone DIRECT
North Haven Net REIT (Morgan Stanley)
FS Credit Real Estate Income Trust, Inc. (FS Credit REIT)
Quontic Bank
Forum Real Estate Income Fund (FORFX)
Clarion Partners Real Estate Income Fund (CPREX)
Ares Industrial Real Estate Income Trust Inc. (AIREIT)
Arrived Private Credit Fund (Arrived Debt Fund, LLC)
Groundfloor Notes
Lima One Capital
LendingOne
Kiavi
Blue Owl Real Estate Net Lease Trust (ORENT)
KKR Real Estate Select Trust Inc. (KREST)
1st Security Bank of Washington
Easy Street Capital
Ark7
EquityMultiple
Brookfield Real Estate Income Trust, Inc. (BREIT — not to be confused with Blackstone)
J.P. Morgan Real Estate Income Trust (JPMREIT)
Versus Capital Real Assets Fund (VCRRX)
Hines Global Income Trust, Inc. (HGIT)
Apollo Realty Income Solutions, Inc. (ARIS)
EquityMultiple Alpine Notes
Farm Bureau Bank FSB
Center Street Lending
Arrived Homes
Sila Realty Trust (SILA)
SmartStop Self Storage REIT (SMA)
RREEF Property Trust, Inc.
Rise48 Equity
Sharestates
TIAA Real Estate Account
InvenTrust Properties (IVT)
Modiv Industrial (MDV)
Apollo Diversified Real Estate Fund
Versus Capital Multi-Manager Real Estate Income Fund (Harrison Street Real Estate Fund LLC)
Invesco Real Estate Income Trust, Inc. (INREIT)
Blackstone Real Estate Income Trust, Inc. (BREIT)
DLP Housing Fund
Roc360
mogul.club
First National Realty Partners
Concreit
RealtyMogul
Groundfloor
Lofty
GTJ REIT, Inc.
EquityMultiple 'Ascent Equity Fund' (does not exist as a registered vehicle) / Grow Pillar (asset-level equity program)
Global Net Lease (GNL)
Cityfunds
Fortress Net Lease REIT
Cottonwood Communities, Inc.
Bluerock Total Income+ Real Estate Fund (now Bluerock Private Real Estate Fund, NYSE: BPRE)
Fundrise Flagship Real Estate Fund
Streitwise
Peakstone Realty Trust (PKST)
Lightstone Value Plus REIT V
CIM Real Assets & Credit Fund (RACR)
Cantor Fitzgerald Income Trust, Inc. (CFIT)
MacKenzie Realty Capital, Inc. (MKZR)
RealBricks
NexPoint Real Estate Strategies Fund (NRSAX)
Starwood Real Estate Income Trust, Inc. (SREIT)
Cardone Capital, LLC
RealtyMogul Income REIT (MogulREIT I)
CrowdStreet
HoneyBricks
Inland Real Estate Income Trust, Inc. (INRE)
Elevate Money
American Strategic Investment Co. (NYC)
RealtyMogul Apartment Growth REIT
National Healthcare Properties, Inc. (Nasdaq: NHP)
Cadre / RealCadre LLC (now Willow Wealth Markets LLC f/k/a RealCadre LLC)
CrowdStreet REIT I, Inc. (C-REIT)
Highlands REIT, Inc.
Summit Healthcare REIT, Inc.
Pacific Oak Strategic Opportunity REIT
KBS Real Estate Investment Trust III, Inc.
Willow Wealth (formerly Yieldstreet)
DiversyFund
Willow Wealth (formerly Yieldstreet)
Moody National REIT II, Inc.
Silver Star Properties REIT, Inc. (formerly Hartman Short Term Income Properties XX)
Direct platform comparisons.
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- VSStartEngine Review (2026): What Its SEC and FINRA Records Show
- VSWefunder Review (2026): The FINRA Fine and 2,912 Form C Filings
- VSAsset Preservation Inc Review 2026: Stewart Filings and Safety
- VSBeneficient (BENF) Review 2026: Debt, Dilution, Heppner, Nasdaq
- VSCaliber Companies (CWD) Review 2026: Notes, Funds, Going Concern
- VSDLP Capital Review 2026: 19 SEC Filers, $1.85B Sold, One Bank
- VSExpress Capital Financing Reviews 2026: Who Holds Its Loans
- VSFirst American Exchange Company Review 2026: Funds and Own Bank
- VSGenesis Capital Review 2026: Who Owns It and What Rithm Reports
- VSHome Partners of America: What Happened Inside BREIT (2026)
- VSIPX1031 Review 2026: Guarantee, Float and What FNF Reports
- VSRepublic Real Estate Review (2026): What Its SEC Filings Show
- VSSachem Capital Review 2026: SACH Loans, Losses and the IRG Deal
- VSStessa Review (2026): Owner, Thread Bank and the 3.49% APY
- VSBaselane Review (2026): Is It a Bank? What the Records Show
- VSBuilders Capital Review 2026: Terms, Draw Lawsuit, Fund Filings
- VSDominion Financial Services Review 2026: Is It Legit? The Record
- VSKay Properties Review 2026: FINRA Record and the Cove DSTs
- VSPark Place Finance Reviews 2026: Terms, Licenses, SEC Fund Record
- VSRoofstock Review (2026): Fees, Roofstock One and the Mynd Merger
- VSCivic Financial Services Review 2026: Owner, Loans, Breach Check
- VSCoreVest Finance Reviews 2026: What Redwood's SEC Filings Show
- VSFarmTogether Review (2026): What Its 60 SEC Filings Show
- VSReady Capital Review 2026: Is It Legit? Loan Book, Losses, $6.83 Book Value and SBA 7(a) Volume
- VSAcreTrader Review (2026): 173 Farm Offerings, $344.7 Million Raised, and What the SEC Filings Never Show
- VSDeephaven Mortgage Review 2026: What 14,212 Federal Loan Records Show About Its DSCR Loans
- VSHere.co Review: What Investors Got Back From Here's 13 Vacation Rentals, Series by Series (SEC Filings)
- VSNew Silver Lending Review 2026: Rates, the MakerDAO Credit Line and What Federal Data Shows
- VSNorthStar Healthcare Income Review: What Your $10 Shares Became ($3.03 in Cash From Welltower)
- VSRAD Diversified Review (2026): What Its SEC Filings Show Behind the $24.08 Share Price
- VSRehab Financial Group Review 2026: Court Records, Its Own HMDA Filings and What a 100% Loan Costs
- VSTellus App Review (2026): Is It Legit? What the Terms Say Your Balance Really Is
- VSTemple View Capital Review 2026: What Its Federal Loan Data and SEC Filings Show
- VSAngel Oak Mortgage Review 2026: What Its DSCR Borrowers Paid, From 6,232 Federal Loan Records
- VSCrowdStreet vs Fundrise (2026): 20 CrowdStreet Funds, Its C-REIT and Fundrise's Flagship Fund Compared From SEC Filings
- VSGriffin Funding Review 2026: What Its Own HMDA Filing Shows About Its DSCR Loans
- VSPacaso Stock Review 2026: $72.3M Raised From Retail, $27.8M Spent Advertising It, $290.7M of Preferences Ahead of You
- VSRoots vs Fundrise (2026): NAV, Payouts, Fees and Redemptions Side by Side From Their SEC Filings
- VSWorthy Bonds Review 2026: Two Issuers Dissolved With No Assets, One Has $0 Cash, and the App Now Sells Wellstreet Bonds
- VS1031 Crowdfunding Review and Complaints (2026): $156.6M Sold of $468.7M Sought, and the 9% Sales Commission Their Own Filings Disclose
- VSCompound Real Estate Bonds (CREB): Legit? 8.5% Yield & Risks
- VSFISYN Fund II Review (2026): What the SEC Filings Say vs What the Website Says
- VSMogul vs Arrived (2026): One Files 240 Property Valuations With the SEC, the Other Files Nothing
- VSLightstone DIRECT vs Origin IncomePlus (2026): What Their SEC Filings Show
- VSEquityMultiple Ascent Income Fund Review 2026: 9.08% Yield, $35M Raised, the Truth Behind the '12.1%' Marketing
- VSLanda App Lawsuit and Status 2026: What Happened to Investors
- VSRoots Investment Review (2026): Is Roots REIT Legit? What Its SEC Filings Show
- VSVisio vs Velocity vs Kiavi 2026: DSCR Lender Comparison (Sub-1.0 DSCR, $3M Max, 21-Day Close)
- VSKiavi vs Lima One Capital 2026: Speed vs Depth (Plus the Servicing Problem No One Talks About)
- VSDXYZ vs Fundrise VCX 2026: NAV Premiums, Holdings & Lockup
- VSLightstone DIRECT vs EquityMultiple (2026): $50K vs $5K, and What Each Buys
- VSArrived Homes vs RealtyMogul (2026): One Is Building, the Other Is Paused
- VSRealtyMogul vs Fundrise (2026): One Is Growing, One Is Paused — Honest Breakdown
- VSMogulREIT I vs MogulREIT II: Two Different Strategies, Two Different Failures (2026 Data)
- VSConcreit vs Groundfloor 2026: $1 Minimum and 6.30% vs $10 for 9.9% — Which Wins?
- VSEquityMultiple vs Fundrise 2026: Honest Comparison (One Fact Changes Everything)
- VSGroundfloor vs Arrived Homes 2026: Debt vs Equity, $0 Fees vs Tax Perks
- VSArrived Homes vs Ark7 (2026): Which Fractional Real Estate App Wins?
- VSFundrise vs Arrived Homes 2026: One Lost −7.45% in 2023 (Year-by-Year Data)
- VSGroundfloor vs Fundrise 2026: Debt vs Equity, Filings Compared