Real Estate Platform Comparison· Updated July 15, 2026

Mogul vs. RealT 2026 Real Estate Investing Comparison

A side-by-side breakdown of returns, liquidity, fees, and trustworthiness to help you decide where to invest your money.

★ Our Pick Mogul logo

3.5

Mogul is a polished, premium-positioned fractional rental platform with a $250 minimum, monthly distributions, and a 12% hurdle rate on listings. The team's institutional pedigree is real, but Mogul is newer and has a smaller portfolio than legacy peers, best paired with established platforms.

1.0

RealT pioneered tokenized U.S. rental properties with weekly rent distributions, but the platform is now winding down. On July 2, 2026, RealT announced the voluntary liquidation of its U.S. structures. Weekly distributions are suspended, roughly 700 Detroit properties sit under a court-approved special fiduciary following the city's nuisance lawsuit, and sale proceeds go to repairs, taxes, and legal obligations before token holders see anything. A class action and a criminal complaint are underway in France. Do not buy RealTokens. Existing holders should document their positions and follow the liquidation process closely.

At a Glance

Mogul vs. RealT, Key Stats

$250MinimumN/A: platform is in voluntary liquidation and was never open to U.S. investors

Long-term (typical SFR fractional structure, 5+ years expected)Holding PeriodIndefinite: token holders are waiting on asset sales in a wind-down

Limited liquidity optionsEarly WithdrawalN/A: recovery depends on liquidation proceeds, not a withdrawal process

MonthlyRent PayoutSuspended (historically weekly in stablecoins)

Listed properties target 7–12% rental yield + appreciation; 12% minimum hurdle rateAvg. ReturnsN/A: distributions suspended; advertised yields historically exceeded 10%, which the current outcome puts in perspective

Pros & Cons

What each platform does well and poorly

Monthly distributions
Mogul pays monthly distributions to investors, more frequent than the quarterly cadence used by most peer platforms in the SFR fractional space.
12% minimum hurdle rate per property
Mogul publicly states a 12% minimum hurdle rate for properties listed on the platform. While not a guarantee, the underwriting bar is more transparent than many peers.
Institutional founding team
Founded by former Goldman Sachs executives. The team brings institutional underwriting experience to the fractional retail space.
Sun Belt focus
Properties are primarily located in high-growth Sun Belt markets: Texas, Arizona, Florida, that have driven outsized rental demand over the last several years.
$250 minimum
Investors can get started with $250 per property, accessible enough for most retail investors to test the platform without committing large capital.
Newer platform with limited track record
Mogul is newer than legacy peers like Fundrise (2010) and Groundfloor (2013). Reported headline returns of ~18.8% should be treated as platform-marketed rather than fully realized across many vintages.
Smaller portfolio than scaled peers
Mogul lists a relatively small set of curated properties, meaningful for a newer platform but smaller than scaled peers running into the hundreds or thousands. Diversification options within the platform are still narrow.
Limited secondary liquidity
Like most fractional SFR platforms, secondary-market liquidity is constrained. Mogul has not publicly disclosed a SEC-registered secondary market like Ark7.
Geographic concentration risk
Heavy Sun Belt focus is a double-edged sword: the region has strong rental demand, but a regional downturn would hit Mogul investors disproportionately.

Proved global demand for tokenized rentals
RealT operated since 2019 and attracted thousands of investors worldwide to fractional U.S. rental properties, demonstrating real international appetite for tokenized real estate with frequent distributions.
Weekly distributions set the cadence benchmark
When operating, RealT distributed rent weekly in stablecoins, more frequently than the monthly or quarterly schedules used by most competitors.
Genuinely onchain ownership records
RealTokens live on public blockchains, which means holders retain independently verifiable records of their positions even with the platform in liquidation. That transparency is helping investors organize during the wind-down.
Public paper trail
The Detroit court proceedings, fiduciary agreement, and liquidation announcements are publicly documented, so token holders can follow the process through primary sources rather than platform statements alone.
Voluntary liquidation announced July 2026
On July 2, 2026, RealT announced the voluntary liquidation of its U.S. structures and the progressive sale of its entire property portfolio. The announcement reportedly came via a YouTube call rather than formal notice through a registered transfer agent. Roughly 14,000 French investors are affected according to counsel involved, alongside holders worldwide.
Detroit lawsuit and court-approved fiduciary
The City of Detroit initiated proceedings in July 2025 over code violations and tax arrears on roughly 408 properties. In April 2026 a court approved an agreement placing a special fiduciary in control of roughly 700 RealT Detroit properties, with authority to renovate, sell, or demolish. RealT still owes millions in unpaid taxes, and only a city motion prevented 300+ properties from going into foreclosure.
Weekly distributions suspended
Rent distributions to token holders are suspended, and RealT has said proceeds are being directed first to repairs, stabilization, and legal obligations. Yields historically advertised above 10% annualized are not being paid.
Class action and criminal complaint
A class action is underway in France and a criminal complaint has been filed with the financial division of the Paris judicial court. Former collaborators have publicly alleged that some marketed properties may never have been purchased, an allegation that, if proven, would be securities fraud.

Deep Dive

Detailed comparison

What You're Investing In

Curated single-family rentals (typically priced $500K–$1M each), primarily located in Sun Belt growth markets. Each property is fractionalized into shares investors can purchase from $250.

Nothing. RealT is liquidating its portfolio and no new offerings are available.

Property Locations

Sun Belt focus: Texas, Arizona, Florida, with selective expansion. The geographic concentration is intentional but creates regional risk for investors who want broader U.S. diversification.

Primarily Detroit (roughly 83% of the portfolio), with Cleveland, Chicago, and Memphis exposure. The Detroit portfolio is under fiduciary control until at least the end of October 2026.

Expected Returns

Mogul-listed properties target rental yields of approximately 7–12% with monthly distributions. Expected annual IRRs on listed properties range 15–20% per Mogul's underwriting. Mogul reports an average yearly return of 18.8%, investors should treat this as platform-marketed rather than fully realized across many vintages.

N/A. Distributions are suspended and future returns depend entirely on liquidation proceeds after repairs, taxes, fiduciary costs, and legal obligations. Historically advertised yields above 10% annualized should be read in light of that outcome: the highest advertised yields in the category came with the weakest underlying operations. Past performance does not guarantee future results.

Fees

Fee structure varies by offering. Read each property's fee disclosure carefully: sourcing, asset management, and property management fees all impact net investor returns.

Moot for new investors. For existing holders, fiduciary fees, escrow requirements, repair costs, and back taxes are effectively senior to token holder recoveries in the wind-down.

Liquidity

Long-term hold expected (5+ years typical for SFR fractional structures). Mogul has not publicly disclosed a formal secondary market.

Indefinite. Token holders are waiting on a liquidation process with no published completion timeline.

Who Can Invest

Open to U.S. investors. Specific accreditation requirements vary by offering, verify on the platform.

No one. The platform was closed to U.S. persons under Regulation S, and with the July 2026 liquidation announcement it is effectively closed to new investment entirely.

The Verdict

Which is better, Mogul or RealT?

★ Our Pick

3.5

Mogul is a credible, premium-positioned newer entrant in fractional real estate. The $250 minimum, monthly distributions, 12% hurdle rate, and ex-Goldman Sachs founding team make it more interesting than most newer platforms. But its smaller portfolio size, Sun Belt geographic concentration, and shorter operating history mean it works best as a smaller piece of a diversified fractional portfolio, not as a single primary holding.

Full Mogul review →

1.0

RealT is not an investable platform. It is a wind-down. The July 2026 voluntary liquidation, suspended distributions, fiduciary-controlled Detroit portfolio, unpaid taxes, and pending litigation mean prospective buyers should stay away entirely, including from discounted RealTokens on decentralized exchanges. Existing holders should document positions, follow the Detroit docket and the French class action, and calibrate expectations to distressed liquidation values. Investors who came to RealT for tokenized rentals with frequent payouts should evaluate operators on the factors that failed here: property condition and tax compliance, platform financial health, and what happens to investors if the operator disappears. See how Lofty compares on those specific criteria.

Full RealT review →

Bottom Line

Mogul scores higher (3.5/5) and edges out RealT on our investment quality criteria.

Frequently Asked Questions

Mogul vs. RealT FAQ

Which is better, Mogul or RealT?

Based on our scoring criteria, returns, fees, liquidity, transparency, minimums, and track record, Mogul (3.5/5) scores higher than RealT (1.0/5). Mogul is a polished, premium-positioned fractional rental platform with a $250 minimum, monthly distributions, and a 12% hurdle rate on listings. The team's institutional pedigree is real, but Mogul is newer and has a smaller portfolio than legacy peers, best paired with established platforms.

What is the minimum investment for Mogul vs. RealT?

Mogul's minimum investment is $250. RealT's minimum investment is N/A: platform is in voluntary liquidation and was never open to U.S. investors.

How do Mogul and RealT compare on liquidity?

Mogul: Long-term hold expected (5+ years typical for SFR fractional structures). Mogul has not publicly disclosed a formal secondary market. RealT: Indefinite. Token holders are waiting on a liquidation process with no published completion timeline.

What returns can investors expect from Mogul vs. RealT?

Mogul reports average yearly returns of Listed properties target 7–12% rental yield + appreciation; 12% minimum hurdle rate. RealT reports average yearly returns of N/A: distributions suspended; advertised yields historically exceeded 10%, which the current outcome puts in perspective. Past performance does not guarantee future results.

One of the most flexible ways to invest in real estate

Start building generational wealth with Lofty

$50 minimums · Daily rent payouts · No lock-up periods · 24/7 exchange

View Properties

Real Estate Platform Comparison· Updated July 15, 2026

Mogul vs. RealT 2026 Real Estate Investing Comparison

A side-by-side breakdown of returns, liquidity, fees, and trustworthiness to help you decide where to invest your money.

★ Our Pick Mogul logo

3.5

1.0

At a Glance

Mogul vs. RealT, Key Stats

$250MinimumN/A: platform is in voluntary liquidation and was never open to U.S. investors

Long-term (typical SFR fractional structure, 5+ years expected)Holding PeriodIndefinite: token holders are waiting on asset sales in a wind-down

Limited liquidity optionsEarly WithdrawalN/A: recovery depends on liquidation proceeds, not a withdrawal process

MonthlyRent PayoutSuspended (historically weekly in stablecoins)

Pros & Cons

What each platform does well and poorly

Monthly distributions
Mogul pays monthly distributions to investors, more frequent than the quarterly cadence used by most peer platforms in the SFR fractional space.
12% minimum hurdle rate per property
Mogul publicly states a 12% minimum hurdle rate for properties listed on the platform. While not a guarantee, the underwriting bar is more transparent than many peers.
Institutional founding team
Founded by former Goldman Sachs executives. The team brings institutional underwriting experience to the fractional retail space.
Sun Belt focus
Properties are primarily located in high-growth Sun Belt markets: Texas, Arizona, Florida, that have driven outsized rental demand over the last several years.
$250 minimum
Investors can get started with $250 per property, accessible enough for most retail investors to test the platform without committing large capital.
Newer platform with limited track record
Mogul is newer than legacy peers like Fundrise (2010) and Groundfloor (2013). Reported headline returns of ~18.8% should be treated as platform-marketed rather than fully realized across many vintages.
Smaller portfolio than scaled peers
Mogul lists a relatively small set of curated properties, meaningful for a newer platform but smaller than scaled peers running into the hundreds or thousands. Diversification options within the platform are still narrow.
Limited secondary liquidity
Like most fractional SFR platforms, secondary-market liquidity is constrained. Mogul has not publicly disclosed a SEC-registered secondary market like Ark7.
Geographic concentration risk
Heavy Sun Belt focus is a double-edged sword: the region has strong rental demand, but a regional downturn would hit Mogul investors disproportionately.

Proved global demand for tokenized rentals
RealT operated since 2019 and attracted thousands of investors worldwide to fractional U.S. rental properties, demonstrating real international appetite for tokenized real estate with frequent distributions.
Weekly distributions set the cadence benchmark
When operating, RealT distributed rent weekly in stablecoins, more frequently than the monthly or quarterly schedules used by most competitors.
Genuinely onchain ownership records
RealTokens live on public blockchains, which means holders retain independently verifiable records of their positions even with the platform in liquidation. That transparency is helping investors organize during the wind-down.
Public paper trail
The Detroit court proceedings, fiduciary agreement, and liquidation announcements are publicly documented, so token holders can follow the process through primary sources rather than platform statements alone.
Voluntary liquidation announced July 2026
On July 2, 2026, RealT announced the voluntary liquidation of its U.S. structures and the progressive sale of its entire property portfolio. The announcement reportedly came via a YouTube call rather than formal notice through a registered transfer agent. Roughly 14,000 French investors are affected according to counsel involved, alongside holders worldwide.
Detroit lawsuit and court-approved fiduciary
The City of Detroit initiated proceedings in July 2025 over code violations and tax arrears on roughly 408 properties. In April 2026 a court approved an agreement placing a special fiduciary in control of roughly 700 RealT Detroit properties, with authority to renovate, sell, or demolish. RealT still owes millions in unpaid taxes, and only a city motion prevented 300+ properties from going into foreclosure.
Weekly distributions suspended
Rent distributions to token holders are suspended, and RealT has said proceeds are being directed first to repairs, stabilization, and legal obligations. Yields historically advertised above 10% annualized are not being paid.
Class action and criminal complaint
A class action is underway in France and a criminal complaint has been filed with the financial division of the Paris judicial court. Former collaborators have publicly alleged that some marketed properties may never have been purchased, an allegation that, if proven, would be securities fraud.

Deep Dive

Detailed comparison

What You're Investing In

Curated single-family rentals (typically priced $500K–$1M each), primarily located in Sun Belt growth markets. Each property is fractionalized into shares investors can purchase from $250.

Nothing. RealT is liquidating its portfolio and no new offerings are available.

Property Locations

Sun Belt focus: Texas, Arizona, Florida, with selective expansion. The geographic concentration is intentional but creates regional risk for investors who want broader U.S. diversification.

Primarily Detroit (roughly 83% of the portfolio), with Cleveland, Chicago, and Memphis exposure. The Detroit portfolio is under fiduciary control until at least the end of October 2026.

Expected Returns

Fees

Fee structure varies by offering. Read each property's fee disclosure carefully: sourcing, asset management, and property management fees all impact net investor returns.

Moot for new investors. For existing holders, fiduciary fees, escrow requirements, repair costs, and back taxes are effectively senior to token holder recoveries in the wind-down.

Liquidity

Long-term hold expected (5+ years typical for SFR fractional structures). Mogul has not publicly disclosed a formal secondary market.

Indefinite. Token holders are waiting on a liquidation process with no published completion timeline.

Who Can Invest

Open to U.S. investors. Specific accreditation requirements vary by offering, verify on the platform.

No one. The platform was closed to U.S. persons under Regulation S, and with the July 2026 liquidation announcement it is effectively closed to new investment entirely.

The Verdict

Which is better, Mogul or RealT?

★ Our Pick

3.5

Full Mogul review →

1.0

Full RealT review →

Bottom Line

Mogul scores higher (3.5/5) and edges out RealT on our investment quality criteria.

Frequently Asked Questions

Mogul vs. RealT FAQ

Which is better, Mogul or RealT?

What is the minimum investment for Mogul vs. RealT?

Mogul's minimum investment is $250. RealT's minimum investment is N/A: platform is in voluntary liquidation and was never open to U.S. investors.

How do Mogul and RealT compare on liquidity?

What returns can investors expect from Mogul vs. RealT?

One of the most flexible ways to invest in real estate

Start building generational wealth with Lofty

$50 minimums · Daily rent payouts · No lock-up periods · 24/7 exchange

View Properties

About Lofty

Mogul vs. RealT 2026 Real Estate Investing Comparison

Mogul vs. RealT, Key Stats

What each platform does well and poorly

Detailed comparison

Which is better, Mogul or RealT?

Mogul vs. RealT FAQ

Start building generational wealth with Lofty

Mogul vs. RealT 2026 Real Estate Investing Comparison

Mogul vs. RealT, Key Stats

What each platform does well and poorly

Detailed comparison

Which is better, Mogul or RealT?

Mogul vs. RealT FAQ

Start building generational wealth with Lofty