Top 100+ Real Estate Crowdfunding Sites
2022 Ratings and Reviews
(for accredited investors)

Tier 1: Best of the Best (10 out of 10 stars)

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These sites have it all: Very positive investor feedback, high transparency, co-investment, high-volume, average to low fees, excellent bankruptcy protection, strong administration and customer service and strong financial backing.

 

None. No site has all these features yet. But we hope that will change by the time of our next review.

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Tier 2: All-Stars (7-9 out of 10 stars)

These sites are all extremely strong in the majority of the fundamentals that are most important to investors.

 

• 1031 Crowdfunding

• FundThatFlip

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All sites in the tier are listed in alphabetical order.

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Tier 3: Contenders (6 out of 10 stars)

These sites are a step below the previous tier, but still have one or more key/strong features that makes them worthy of consideration.

 

• Crowd Street

• Roofstock

• Roofstock One

All sites in the tier are listed in alphabetical order.
 

Tier 4: Up-And-Coming + On-probation (3-5 out of 10 stars)

There are 2 types of sites in this category. The first are up-and-coming sites that may not be as polished as competitors but may have some sort of promise or potential for the future. The 2nd are sites that have had substantial investor complaints, decreasing volume or other challenges.

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Up and coming​:

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• CityVest (up-and-coming)

• Holdfolio (up-and-coming)

• Wilson Investment Properties (up-and-coming)

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On probation:

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• Arbor Crowd (volume probation)

• Realty Mogul (investor alleged complaints probation)

• Real Crowd (investor alleged complaints probation)

• ShareStates (investor alleged complaints probation)

All sites in the tier are listed in alphabetical order.​

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Tier 5: The Challenged and the Exited (1 out of 10 stars)

Some of these sites have switched business models and exited the accredited investor market or the entire real estate crowdfunding platform business. Others have had legal, financial, volume, investor complaints or other challenges to deal with.

Challenged:

 

• Cadre (would not answer public questions)

• Diversy Fund (legal challenges with v1.0 of company--CCCG DBA DiversyFund)

• Early Shares (volume challenged)

• Equity Multiple (investor alleged complaints challenged)

• IncomeAnd (model challenges)

• Instalend (SEC lawsuit alleging fraud)

• Kiavi (formerly called  LendingHome) (investor alleged complaints challenged)

• ​Patch of Land (investor alleged complaint challenged)

• Peer Realty (volume challenged)

• Peer Street (investor alleged complaints challenged)

• Prodigy Network (investor and ex coo complaints challenged, being sued by investors, volume challenged)

• TripleNetZeroDebt (volume challenged)

• Yield Street (investor alleged complaints challenged)

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Exited:
 

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• Acquire Real Estate (volume challenged and then exited)

• Alpha Flow (investor alleged complaint challenged and then exited)

• Carlton Crowdfund (appears to be shut down)

• Crowd Flipr (shut down)

• CityFunders (shut down)

• C.K. Mack (appears to be shut down)

• First Real Fund (appears to be shut down)

• Full Capital Stack (exited platform market)

• Fundrise (exited accredited investor market)

• Groundbreaker (exited platform market)

• iFunding (exited via bankruptcy)

• Money 360 (exited platform market)

• Realty Shares (investor alleged complaints probation. Now shut down)

• SBRE Funds (exited platform market)

• Zeus Crowdfunding (appears to have exited)

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