EquityMultiple vs. Lofty 2026 Real Estate Investing Comparison

Individual CRE deals (equity, preferred equity, senior debt), Alpine Notes (3/6/9-month terms), and periodic income funds. Deal flow is curated but finite, at any given time only a handful of offerings may be open.

Individual U.S. real estate: single-family homes, multi-family buildings, mixed-use properties, and commercial real estate, fractionalized into shares of a property-specific LLC. Investors can also trade their shares with other investors on Lofty's exchange at any time.

Commercial projects across U.S. markets: multifamily, industrial, office, hospitality, and specialty assets, with deal-by-deal geographic disclosure in each offering's documents.

Lofty properties span roughly 40 U.S. markets, with active diversification across states and regions so investors can build a geographically balanced portfolio. Specific market mix is updated as new properties are listed.

Varies by product: Alpine Notes pay 6.0–7.35% fixed APY, debt and preferred equity deals target roughly 8–14% annualized income, and common equity deals target higher total returns with commensurate risk. The platform reports a double-digit net IRR across realized equity deals since 2019, but individual deal outcomes range from strong exits to principal impairment. Past performance does not guarantee future results.

Returns vary by individual property. As of May 2026, Lofty's marketplace has a 9.2% average rental yield. Each property page lists projected rent, projected appreciation, and historical comps so investors can model expected returns themselves before committing capital. Past performance does not guarantee future results, read each property's underwriting carefully.

Roughly 0.5–1.5% annual asset management fee depending on the deal, plus origination fees on some offerings, a $30–$70 annual administrative fee per investment, and a promote (carried interest) on many equity deals. Alpine Notes carry no investor-level fees.

Lofty charges a 2.5% fee on share purchases and a 3% fee on share sales, meaning a round-trip trade carries roughly 5.5% in exchange fees. There are no AUM fees, no property management fees billed directly to investors, no upfront fees, and no early withdrawal penalties.

Alpine Notes: 3, 6, or 9 months with early redemption after 30 days if rolled into another EquityMultiple offering. Everything else: the life of the deal, typically 3–5+ years with extension risk.

There is no minimum holding period on Lofty. Investors can list their shares for sale on the exchange at any time, at any price they choose.

Accredited investors only (income of $200K+/$300K joint, or $1M+ net worth excluding primary residence). Individual, joint, entity, trust, and self-directed IRA accounts are supported. This requirement is structural, not a marketing choice, offerings rely on SEC exemptions limited to accredited investors.

Lofty is open to U.S. citizens and many international investors who can complete identity verification. Investors must be 18 or older.