EquityMultiple logo

EquityMultiple

Commercial real estate for accredited investors

real estate
Founded 2015Regulation Reg D
Min Investment
$5K
Target Return
8–14%Annualized
Annual Fee
1.5%of AUM
Liquidity
6 months–5 years
Accredited
Yes

Pros & Cons

Pros

  • Multiple deal types
  • Short-term options
  • Strong track record

Cons

  • Accredited only
  • $5K minimum
  • Illiquid
01

The Brief

MoneyMade Verdict

EquityMultiple is the best-positioned commercial real estate crowdfunding platform for accredited investors who want deal-level control, institutional-grade due diligence, and flexibility across the capital stack — but its layered fee structure and illiquid deal inventory make it a poor fit for anyone who isn't prepared to commit capital for years.

EquityMultiple is a New York-based real estate crowdfunding platform founded in 2015 by Charles Clinton and Marious Sjulsen. The platform specializes in institutional-grade commercial real estate deals across the full capital stack — from senior secured debt and preferred equity through common equity — and has distinguished itself by targeting professionally sponsored properties that were historically available only to institutional investors. As of early 2026, EquityMultiple has facilitated over $1.5 billion in cumulative real estate investment volume, with over 50,000 accredited investors on the platform.

The platform offers three main product categories. Its Keep Earning product gives accredited investors access to short-term (6–24 month) senior secured debt deals with target annualized returns in the 8–12% range, typically with monthly interest distributions. The Equity Investments product provides exposure to traditional equity stakes in commercial properties with 5–7 year hold periods targeting IRRs of 12–20%. The third product line, diversified fund offerings, pools capital across multiple properties for investors seeking automatic diversification. EquityMultiple charges investors a range of fees depending on deal type — typically 0.5%–1% annually on equity investments plus 10% performance fee over preferred returns, and 0.5%–1.5% on debt deals.

02

Target Projection

If the 814% target is achieved every year, net of fees

Target low · 8%

$18,771

Target mid · 11%

$24,782

Target high · 14%

$32,473

Reality checkThis projection assumes the target return range is achieved every single year, net of fees. Real-world returns vary significantly — EquityMultiple's actual history includes years of negative returns. Target ranges describe what the platform aims to achieve, not guaranteed outcomes. Past performance does not guarantee future results.
03

The Cost of Fees

InvestmentHorizon
What a 1.5% annual fee actually costs over time.$10,000 · 10 yr · 11% gross return
$7K$14K$21K 0yr2yr4yr6yr8yr10yr
Value after fees
Fees paid (cumulative)
Value if fees were 0%

Gross ending value

$28,394

Net ending value

$24,782

Total fees paid

$3,612

04

Head-to-Head

PlatformMinTarget ReturnAnnual FeeLiquidityAccredited
EquityMultiple logoEquityMultiple$5K8–14%0.5–1.5% AUM6 months–5 yearsYes
Prologis REIT logoPrologis REIT3–5% dividend yieldBrokerage commissionDaily (NYSE)No
STAG Industrial logoSTAG Industrial4–5% dividend yieldBrokerage commissionDaily (NYSE)No
Nuveen Real Estate logoNuveen Real Estate4–8%Expense ratioDaily (REIT)No
Doorvest logoDoorvest8–12%Management fee5+ yearsNo
06

Also in Real Estate

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