Cadre has positioned itself as an institutional-grade commercial real estate platform for accredited investors, offering access to large-scale deals with minimum investments starting at $25,000-$50,000. As of 2026, Cadre's site notes that Cadre has joined with Willow Wealth. For investors seeking quality real estate opportunities without the high barriers to entry, exploring alternatives that provide access to fractional real estate investing at more accessible price points makes sense. After Yieldstreet announced its Cadre acquisition in November 2023 and completed it in January 2024 (Yieldstreet later rebranded as Willow Wealth), many investors have begun evaluating other platforms that offer individual deal selection, competitive returns, and lower minimums. This guide examines seven alternatives that serve different real estate investment needs in 2026, starting with mogul, a fractional real estate platform founded by Goldman Sachs alumni that delivers institutional-quality deals with accessible entry points.
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
- Minimum investments vary dramatically across platforms: Cadre lists a $25,000-$50,000 minimum range to start, while alternatives like mogul offer more accessible entry points with individual property selection
- Accreditation requirements limit accessibility: Platforms like Cadre, CrowdStreet, and EquityMultiple require accredited investor status, while mogul, Fundrise, and Arrived welcome non-accredited investors
- Fee structures impact long-term returns: mogul charges no traditional annual AUM fee, while competitor fees vary by platform and product (for example, Fundrise charges a 0.15% advisory fee plus a 0.85% management fee for real estate funds, and EquityMultiple common-equity investments generally include a 0.5%-1.5% annual fee)
- Return targets differ significantly: mogul targets 15-20% annual IRR, while some third-party sources describe Fundrise historical or expected returns around 8-12%, and Arrived states estimated historical total annual returns of 6-10% for single-family residential properties
- Monthly vs. quarterly distributions affect cash flow: mogul provides monthly distributions; Fundrise generally pays dividends quarterly, while Arrived individual properties generally pay monthly once income-generating, and commercial private deals vary by offering
1. mogul
mogul delivers a fractional real estate investment platform that brings institutional-quality underwriting to everyday investors. Founded by Goldman Sachs real estate alumni with $10 billion in collective deal experience, the platform offers direct ownership in income-generating residential properties through LLC structures. With 65+ properties and $40M+ in assets on the platform, mogul combines accessibility with professional-grade property selection.
How Does mogul Work?
mogul enables investors to build real estate portfolios through fractional ownership in individual properties. Here's what sets the platform apart:
- Accessible Entry: Start building an institutional-quality portfolio at an accessible entry point while maintaining the ability to select specific properties
- Individual Deal Selection: Choose short-term rentals, long-term rentals, mid-term rentals, or sale-leaseback properties based on your strategy
- Monthly Distributions: Receive actual rental income distributions monthly, not quarterly
- Loss Protection: New members receive coverage for up to $10,000 in losses during their first year
- 30-Second Investing: Complete investments quickly through the streamlined platform
Performance and Returns
mogul's track record demonstrates strong results across its portfolio:
- Average Annual Returns: 18.8% IRR as of April 2025
- Target Returns: 15-20% annual IRR across properties
- Record Monthly Yield: 2.6%
- Investor Retention: 90% of investors invest a second time, with second investments averaging 3x their first
Fee Structure
mogul's fee model differs from traditional platforms:
- No Annual AUM Fee: Unlike competitors charging ongoing asset management fees, mogul has no traditional asset management fee
- Upfront Fees: 3% onboarding + 2% setup fees capitalized into the investment
- Rental Income Fee: 2.5% of rental income
Property Selection Process
mogul applies rigorous institutional standards to property selection:
- Less than 1% of reviewed properties pass the diligence process
- Research analysts use proprietary underwriting models alongside institutional partners
- The mogul team personally invests in every property offered on the platform
Best For: Investors seeking institutional-quality real estate deals with accessible entry, individual property selection, monthly income, and higher return targets without accreditation requirements.
2. Fundrise
Fundrise operates as one of the largest direct-access alternative asset managers in America, offering diversified real estate exposure through eREIT funds. Founded in 2012, the platform has built an extensive track record serving non-accredited investors.
Key Features
- Lowest Entry Point: Start with just $10
- Automated Diversification: Investments are allocated across eREIT funds automatically
- Non-Accredited Access: Open to all investors regardless of income or net worth
- IRA Compatible: Supports retirement account investing
- Quarterly Distributions: Income paid out every three months
Fee Structure
- Fees: Fundrise generally charges a 0.15% advisory fee plus a 0.85% annual management fee for real estate funds; the Innovation Fund has a 1.85% annual management fee
- Advisory Fee: Separate from the real estate fund management fee
Considerations
- Fund-Based Structure: Investments are allocated across pooled eREIT funds rather than individual properties
- Liquidity: Redemptions are offered through quarterly windows
- Return Ranges: Some third-party sources describe historical or expected Fundrise return ranges around 8-12%
Best For: Absolute beginners with minimal capital seeking hands-off, diversified real estate exposure through automated fund allocation.
3. CrowdStreet
CrowdStreet provides access to a large marketplace of commercial real estate deals, offering accredited investors the ability to select individual offerings from various sponsors.
Key Features
- Large Deal Marketplace: Extensive selection of commercial real estate opportunities
- Individual Deal Selection: Choose specific properties and sponsors
- Historical Returns: CrowdStreet reported an 11.2% aggregate realized IRR for the total marketplace as of January 24, 2025
- Self-Directed Approach: Build your own commercial real estate portfolio
Investment Requirements
- Minimum Investment: $25,000 per deal
- Accreditation: Required
- Due Diligence: Investors evaluate deals independently on the platform
Considerations
- Minimums: Individual deals typically start at $25,000
- Self-Directed Model: Investors select and evaluate sponsors and deals themselves
- Focus: CrowdStreet emphasizes commercial real estate and also offers other private-market alternative investments
Best For: Accredited investors with substantial capital seeking maximum variety in commercial real estate deals and the expertise to evaluate sponsors independently.
4. RealtyMogul
RealtyMogul serves both accredited and non-accredited investors through different product tiers, offering REITs for broader access and individual deals for qualified investors. The platform was acquired in November 2025 by a group led by The Wideman Company.
Key Features
- Dual Access Model: Historically offered REITs for non-accredited investors and individual deals for accredited investors; as of current official pages, its listed REIT offerings are paused for new investors
- REIT Status: Listed REIT offerings (historically a $1,000 minimum) are currently paused for new investors
- Individual Deal Minimum: Individual equity offerings typically require $25,000-$50,000
- Commercial Focus: Emphasizes commercial property types
Fee Structure
- Management Fees: Approximately 1-2% annually
- Deal-Specific Fees: Vary by offering
Considerations
- Recent Acquisition: Platform ownership changed in November 2025
- Deal Minimums: Individual property offerings typically require $25,000 or more
- Distributions: Payment frequency varies by investment type
Best For: Investors seeking flexibility between REIT-style diversification and individual deal access based on accreditation status.
5. Arrived
Arrived focuses on fractional ownership in single-family rental properties, targeting investors seeking exposure to residential real estate at low entry points.
Key Features
- Low Minimum: Start with $100
- Residential Focus: Specializes in single-family rentals and vacation properties
- Non-Accredited Access: Open to all investors
- Monthly Distributions: Regular income payments
- Individual Property Selection: Choose specific homes to invest in
Fee Structure
- Sourcing Fee: One-time sourcing and closing-related fees disclosed by offering, rather than a universal range
- AUM Fee: Product-specific, currently listed at 0.1%-0.30% per quarter depending on product
- Property Management: Expenses vary by property/fund and are disclosed in offering materials
Considerations
- Fee Structure: Fees are disclosed on a per-offering and per-product basis
- Return Range: Arrived states estimated historical total annual returns for single-family residential properties have ranged from 6-10%
- Hold Periods: Generally 5-7 years for long-term rentals and 5-15 years for vacation rentals
Best For: Beginning investors seeking the simplest possible entry into residential real estate with very low minimums.
6. EquityMultiple
EquityMultiple specializes in commercial real estate investments, offering accredited investors access to equity, preferred equity, and debt positions across various property types.
Key Features
- Capital Stack Options: Choose between equity, preferred equity, or debt positions
- Minimums: Can start as low as $5,000, but vary by offering and often range from $10,000-$30,000
- CRE Specialization: Focused commercial real estate expertise
- Selective Deals: Curated offering selection
Fee Structure
- Management Fee: Fees vary by offering; common-equity investments generally include a 0.5%-1.5% annual monitoring/reporting fee, and some offerings include profit participation
- Deal-Specific Fees: Vary by investment type and position
Considerations
- Accreditation: Requires accredited investor status
- Focus: Specializes in commercial real estate
- Liquidity: Exit options vary by position type
Best For: Accredited investors seeking commercial real estate exposure with the flexibility to choose their position in the capital stack.
7. Willow Wealth (formerly YieldStreet)
Willow Wealth, formerly Yieldstreet, operates as a multi-asset private-market and alternative investment platform, offering access to real estate alongside other asset classes like private credit and art.
Key Features
- Diversified Alternatives: Real estate plus other alternative asset classes
- Large Platform: Substantial alternatives investment base
- Cadre Integration: Yieldstreet announced the Cadre acquisition in 2023 and completed it in January 2024; Yieldstreet later became Willow Wealth
- Multiple Investment Types: Access to various alternative strategies
Investment Requirements
- Accreditation: Required for most offerings
- Minimums: Vary by investment type
- Hold Periods: Depend on specific offering structure
Considerations
- Multi-Asset Focus: Offers real estate alongside other alternative asset classes
- Multiple Asset Classes: Spans several alternative investment types
- Accreditation: Many offerings require accredited investor status
Best For: Accredited investors seeking diversification across multiple alternative asset classes beyond real estate.
Why mogul Stands Out for Fractional Real Estate Investing
Institutional-Quality Underwriting at Accessible Minimums
mogul bridges the gap between institutional real estate investing and everyday investors. While platforms like Cadre and CrowdStreet require $25,000+ minimum investments, mogul applies institutional-grade underwriting led by former Goldman Sachs real estate professionals while allowing investors to start at $250. The founding team's Goldman Sachs background with $10 billion in real estate experience ensures every property receives institutional-grade scrutiny, with less than 1% of reviewed properties making it onto the platform.
Superior Return Targets
mogul's 18.8% average annual returns and 15-20% IRR targets outpace most competitors:
- vs. Fundrise: third-party sources cite roughly 8-12% historical or expected returns
- vs. Arrived: estimated historical returns of 6-10% for single-family residential
- vs. CrowdStreet: 11.2% aggregate realized IRR as of January 24, 2025 (and requires $25k+ and accreditation)
No Traditional Annual AUM Fee
While competitor asset management fees vary by platform and product (for example, Fundrise charges a 0.15% advisory fee plus a 0.85% management fee for real estate funds, and EquityMultiple common-equity investments generally include a 0.5%-1.5% annual fee), mogul's structure has no traditional AUM fee. Over a five-year period, this difference can mean $500+ more in your pocket on a $10,000 investment.
Individual Property Selection Without Accreditation
mogul combines an accessible entry point with individual property selection and accessibility for non-accredited investors. (Arrived also offers non-accredited individual-property investing, starting at a $100 minimum.) Browse available properties and select specific short-term rentals, long-term rentals, mid-term rentals, or sale-leaseback investments based on your strategy and preferences.
Monthly Income and Loss Protection
mogul delivers monthly distributions of actual rental payments, not projections. Among other platforms, Fundrise generally pays dividends quarterly, while Arrived individual properties generally pay monthly once income-generating, and commercial private deals vary by offering. New members also receive up to $10,000 in loss protection during their first year, a risk mitigation feature unique in the fractional real estate space.
Technology-Enabled Efficiency
mogul uses blockchain-backed technology for ownership records and supports investing in under 30 seconds. Use mogul's free rental property calculator or Airbnb calculator to analyze any U.S. property before investing.
For investors seeking an alternative to Cadre's high minimums and accreditation requirements, mogul delivers institutional-quality fractional real estate investing with higher return targets, lower fees, and monthly income.
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 are the main differences between Cadre and other fractional real estate platforms?
Cadre focuses on institutional-grade commercial real estate with $25,000-$50,000 minimums and requires accredited investor status. Alternatives like mogul offer individual property selection without accreditation requirements. Cadre offers a quarterly secondary-market process for eligible investments, with sell orders generally expected after six months from asset acquisition, though liquidity is not guaranteed, while most alternatives have longer hold periods. After Yieldstreet announced its Cadre acquisition in November 2023 and completed it in January 2024, Yieldstreet later rebranded as Willow Wealth.
How do fractional real estate platforms generate returns for investors?
Fractional platforms generate returns through multiple sources: monthly rental income from tenant payments, property appreciation over the hold period, and tax benefits including depreciation. mogul provides monthly distributions of actual rental income, yearly tax benefits, governance rights proportional to ownership, and proceeds from eventual property sales after a 3-10 year hold period.
Is fractional real estate investing suitable for beginners?
Yes, several platforms cater specifically to new investors. mogul offers institutional-quality underwriting with loss protection up to $10,000 for new members. Fundrise starts at $10 with automated diversification. Arrived allows entry at $100. For beginners who want control over property selection combined with institutional-grade underwriting, mogul's Goldman Sachs alumni team handles all due diligence while investors choose specific properties.
What kind of liquidity options are offered by fractional investment platforms?
Liquidity varies significantly across platforms. Cadre offers a quarterly secondary-market process for eligible investments, with sell orders generally expected after six months from asset acquisition, though liquidity is not guaranteed. Fundrise provides quarterly redemption windows with no guarantee. Arrived's anticipated hold periods vary by property type, generally 5-7 years for long-term rentals and 5-15 years for vacation rentals. mogul structures investments as 3-10 year holds with plans for a secondary market feature. Real estate investing generally involves longer time horizons than stocks, with historically lower volatility and higher returns.
Can international investors participate in these real estate platforms?
International investor eligibility varies by platform; some U.S. platforms restrict access to U.S. residents. For example, Fundrise states that international investors cannot invest, and Arrived requires investors to reside within the 50 U.S. states and meet other eligibility requirements. Eligibility requirements vary across platforms. mogul's About page reports team representation from 3 countries of origin as of April 30, 2025.