Arrived vs RealtyMogul 2026
Both platforms built their audiences around accessible fractional real estate. In 2026, the comparison looks nothing like 2022. RealtyMogul's REITs are closed, both repurchase programs remain unavailable, and the first asset loss has been documented. Arrived's equity entities carry qualified audit opinions for a second year. This guide compares what the primary source data actually shows.
Guide Thesis
Both platforms have audit stories. They are not the same story.
Arrived: qualified audit opinions on equity entities, clean Debt Fund. RealtyMogul: audited foreclosure, unresolved mortgage default, -32% NAV on Income REIT, suspended redemptions. One is a going-forward risk flag. The other is a realized outcome.
Most investors compare the minimums. The current operational status of each platform is what actually changes the decision.
RealtyMogul REITs: paused to new investors, closed redemptions — with audited portfolio losses already documented. Arrived equity: open, qualified audit, Debt Fund clean.
The Core Decision
One is a forward-looking risk. One is a realized outcome.
Arrived's equity going-concern qualifications flag uncertainty about future operations. RealtyMogul's Sherwood Oaks foreclosure, Brooklyn default, and 32% NAV decline are documented facts — audited outcomes under current management. For new investors, only Arrived's products are currently available. For existing RealtyMogul REIT investors, understanding the suspension terms is the priority.
Lowest Minimum
Arrived
$100 for individual property series and Debt Fund. RealtyMogul: $5,000 REITs (paused), $35K–$50K marketplace.
Current Income
Arrived Debt Fund
8.7% monthly yield, clean audit. RealtyMogul Income REIT: 3.0% quarterly — cut from 6% in February 2025.
Redemption Status
Neither (at scale)
RealtyMogul: both REIT repurchase programs halted April 2026. Arrived equity: Secondary Market quarterly windows only.
TL;DR
The situation in two sentences
RealtyMogul's REITs are closed to new investors, 11,300 existing investors have no current redemption path, a portfolio asset loss has been documented, and the platform is now owned and operated by its sole marketplace deal sponsor. Arrived's equity entities carry qualified audit opinions for a second consecutive year — a real risk — but the platform remains open, the Debt Fund is audited profitable with a clean opinion, and investors can access monthly distributions at 8.7% yield.
If you read nothing else: jump to the head-to-head sections →
Arrived is currently accessible
- → Open to non-accredited investors at $100 minimum
- → Debt Fund: clean audit, 8.7% yield, monthly distributions
- → Equity series: open but qualified audit opinions — size accordingly
- → Secondary Market for quarterly trading after 6-month hold
RealtyMogul: current constraints
- → Both REITs closed to new investors pending Offering Circular refresh
- → Share repurchase suspended April 21 2026 — 11,300 investors locked
- → Income REIT: NAV at $7.49 (−32% from peak), 3% distribution (cut from 6%)
- → Apartment Growth REIT: foreclosure recorded, distributions paused
Quick decision
If you want current access
Arrived
Currently open at $100 minimum for non-accredited investors. Equity and Debt Fund both available.
If you want monthly yield
Arrived Debt Fund
8.7% current yield, monthly distributions, $100 minimum, clean audit — the standout income product between both platforms.
If you are existing RM investor
Monitor RM
Track Form 1-U filings for redemption reinstatement. Evaluate Offering Circular refresh terms before adding capital.
-32%
RealtyMogul Income REIT NAV decline from ~$11.00 peak to $7.49
7,700 investors. Distribution cut from 6% to 3% in February 2025. Repurchase suspended April 2026.
Foreclosure
Sherwood Oaks transferred via deed in lieu — first asset loss in Apartment Growth REIT
March 26 2026. Brooklyn Portfolio in mortgage default since September 2025. No disclosed resolution.
8.7%
Arrived Debt Fund monthly yield — clean audit, $100 minimum
$70.3M assets, $3.55M net income FY2025. Only audited-profitable entity across either platform's retail products.
100%
RealtyMogul marketplace deals sponsored by Wideman Company — the platform owner
Zero independent sponsors. Platform owner = REIT manager = sole marketplace deal sponsor. Conflict is structural.
Final read
Bottom Line Up Front
For new investors in May 2026, this is not a close comparison. RealtyMogul's retail REIT products are closed, both repurchase programs are suspended, one portfolio has an audited asset loss, and the platform's new owner is simultaneously its sole deal sponsor. Arrived's equity entities have qualified audit opinions — a real concern — but the platform remains open, products are available, and the Debt Fund has a clean audit at 8.7% monthly yield.
For existing RealtyMogul investors, the priority is not comparison shopping — it is understanding the suspension terms, monitoring 1-U filings for reinstatement, and evaluating what the Offering Circular refresh changes about the redemption program structure and Wideman's fee arrangements.
Arrived advantages (May 2026)
Products currently open. $100 minimum. Debt Fund: clean audit, 8.7% monthly yield, audited net income. Equity series available with disclosed qualification risks. Secondary Market operating quarterly.
RealtyMogul: current constraints
REITs paused to new investors. Repurchase closed — 11,300 existing investors have no current exit path. Income REIT NAV at $7.49. Apartment Growth REIT: asset loss, unresolved default, distributions paused. Structural ownership conflict — platform owner is REIT manager and sole deal sponsor.
Comparison hub
Head-to-head decision map
The comparison is not symmetric — one platform's products are currently available, one is not.
These sections isolate the audit, liquidity, and ownership dimensions where the platforms differ most sharply. The data is sourced from audited SEC filings — not platform marketing materials.
Going-concern on equity vs foreclosure in REIT portfolio
Arrived vs RealtyMogul: Audit Quality
Both platforms have audit issues — but they are different in character. Arrived's going-concern qualifications reflect entity-level cash flow uncertainty at the equity series level, with the Debt Fund remaining clean. RealtyMogul's issues are more acute: an audited asset loss (Sherwood Oaks, March 2026), an unresolved mortgage default (Brooklyn), a -$8.0M net loss in the Apartment Growth REIT, and a 32% NAV decline in the Income REIT — all under CohnReznick audit.
Practical answer
Neither platform has a clean audit story in 2026. RealtyMogul's issues are more immediate: realized asset loss, unresolved default, and suspended redemptions. Arrived's equity going-concern is a forward-looking risk flag; RealtyMogul's foreclosure is a realized outcome.
| Decision factor | What changes |
|---|---|
| Auditor | Arrived equity: Stephano Slack LLC (going-concern on 8 of 9 entities). Arrived Debt Fund: clean opinion. RealtyMogul: CohnReznick LLP (larger regional firm) — clean on technical criteria but portfolio contains foreclosure and unresolved default. |
| Going-concern | Arrived equity: going-concern on all equity entities, 2nd consecutive year. Arrived Debt Fund: clean. RealtyMogul REITs: no going-concern qualification — but Apartment Growth REIT has realized asset loss and unresolved default. |
| Realized losses | Arrived: no realized asset losses in equity portfolio (yet). RealtyMogul: Sherwood Oaks deed-in-lieu (March 2026), Brooklyn default, Lotus Village sold at -14.7%. |
| Net income | Arrived Debt Fund: $3.55M net income (FY2025). RealtyMogul Income REIT: $3.18M net income. Apartment Growth REIT: -$8.0M net loss. Arrived equity entities: not individually profitable. |
Secondary market vs suspended repurchase
Arrived vs RealtyMogul: Liquidity
RealtyMogul's REIT repurchase programs are fully suspended — 7,700 Income REIT investors and 3,600 Apartment Growth REIT investors cannot exit as of May 2026, with no reinstatement timeline disclosed. Arrived's equity series have no fixed redemption either, but the Arrived Secondary Market offers quarterly peer-to-peer windows after a 6-month hold. Neither platform offers reliable near-term liquidity, but RealtyMogul's suspension is a current, documented constraint — not a theoretical risk.
Practical answer
If near-term liquidity matters, neither platform is appropriate — but RealtyMogul's suspension is an active constraint on existing investors. Arrived's Secondary Market is at least a functional (if thin) mechanism. The Arrived Debt Fund distributes monthly at 8.7% — providing cash flow even without a redemption window.
| Decision factor | What changes |
|---|---|
| Redemption mechanism | Arrived equity: Arrived Secondary Market — quarterly peer-to-peer windows after 6-month hold. Arrived Debt Fund: same. RealtyMogul REITs: repurchase programs SUSPENDED April 21 2026 — no exit available. |
| Suspension status | Arrived: no suspension — Secondary Market operating (quarterly). RealtyMogul: both REITs suspended simultaneously — Income REIT and Apartment Growth REIT, same date, no reinstatement timeline. |
| Cash distributions | Arrived Debt Fund: monthly at 8.7%. Arrived SFR equity: quarterly. RealtyMogul Income REIT: 3.0% quarterly (cut from 6%). Apartment Growth REIT: distributions paused January 2026. |
| Expected hold | Arrived equity: 5–7 years until property sale. Arrived Debt Fund: quarterly Secondary Market. RealtyMogul REITs: indefinite — no exit mechanism currently available. |
Venture-backed vs operator-owned — conflicts differ in kind
Arrived vs RealtyMogul: Ownership & Conflicts
Both platforms have structural conflicts — but they differ fundamentally. Arrived's conflicts are at the affiliate level: the property manager (Arrived Fund Manager LLC) earns 8% of gross SFR rents and 20% on STR 2 before investor distributions. RealtyMogul's conflict is at the platform level: The Wideman Company owns the platform, manages the REITs, and is simultaneously the sole sponsor of all active marketplace deals. One is affiliate fee extraction; the other is vertical ownership of the entire investment pipeline.
Practical answer
RealtyMogul's ownership conflict is more structurally acute. Vertical ownership of platform, REIT management, and deal sponsorship creates an incentive structure where the platform's capital-raising interests and Wideman's deal economics are inseparable. Arrived's affiliate fees are disclosed, quantifiable, and separate from the platform's fundraising incentives.
| Decision factor | What changes |
|---|---|
| Platform ownership | Arrived: venture-backed (Jeff Bezos, Marc Benioff investors). Independent platform management. RealtyMogul: acquired by The Wideman Company (RM Investor LLC), November 2025. Wideman is platform owner, REIT manager, and marketplace deal sponsor simultaneously. |
| Marketplace deals | Arrived: individual property series with disclosed third-party property managers. RealtyMogul: 100% of active marketplace deals are Wideman Company deals — zero independent sponsors. |
| Fee conflict | Arrived: 8% property management (SFR), 20% (STR 2), 1% annual management — paid to Arrived affiliates. RealtyMogul: $1,500/investor + $125/quarter/investor from sponsors to platform; Wideman now pays these fees to its own platform. |
| Management alignment | Arrived manager earns fees on gross rents — misaligned on vacancies. RealtyMogul: the platform owner earns platform fees on its own deals — incentivized to list Wideman deals regardless of investor quality. |
Scenario Analysis
$10,000 · Same capital · Both platforms
What a $10,000 allocation looks like across each platform's currently available products (May 2026).
| Metric | Arrived Debt Fund | Arrived SFR Equity | RealtyMogul Income REIT | RM Marketplace (Accredited) |
|---|---|---|---|---|
| Currently available? | Yes — open | Yes — open | No — paused to new investors | Yes — accredited only, $35K–$50K min |
| Minimum | $100 | $100 per property | $5,000 (when open) | $35,000–$50,000 |
| Annual yield / distribution | 8.7% monthly (~$870/yr on $10K) | 3.6%–7.0% quarterly (~$360–$700/yr) | 3.0% quarterly — cut from 6% Feb 2025 | Deal-dependent (FedEx: 15.1% IRR target; Gaia Herbs: 8% preferred) |
| Audit status | Clean opinion — net income $3.55M | Going-concern, 2nd year running | CohnReznick audit — NAV $7.49, net income $3.18M; portfolio has foreclosure | Deal-level PPM; auditor varies by deal |
| Redemption / exit | Secondary Market (quarterly after 6 months) | Secondary Market (quarterly after 6 months) | SUSPENDED — no exit available | None — hold to deal exit (3–7 yrs typical) |
| Sponsor conflict | Affiliate property manager (8% of rents) | Same — 8% SFR, 20% STR 2 | Wideman = platform owner + REIT manager + deal sponsor | 100% Wideman deals — platform owner is sole sponsor |
| Tax document | 1099-INT | 1099-DIV | 1099-DIV (Section 199A deduction eligible) | K-1 (partnership structure) |
For a non-accredited investor with $10,000 in May 2026: Arrived Debt Fund is the only currently-available option delivering audited income. RealtyMogul's retail products are not accessible. The comparison for new investors is effectively Arrived vs. waiting for RealtyMogul's Offering Circular refresh.
Which platform is currently available to new investors?
Short answer
As of May 2026, only Arrived's products are currently available to new investors. Both RealtyMogul REITs are paused pending Offering Circular refresh following the November 2025 Wideman acquisition. RealtyMogul marketplace private placements are available to accredited investors at $35,000–$50,000 minimums, but all active deals are Wideman Company-sponsored. Arrived remains open: $100 minimum for equity series and Debt Fund, no accredited requirement.
⚠ RealtyMogul REITs: paused to new investors as of May 2026
Both the Income REIT and Apartment Growth REIT are undergoing Offering Circular refreshes following the November 2025 Wideman acquisition. No reopening timeline has been disclosed. Existing investors have no redemption mechanism — share repurchase programs were suspended April 21 2026.
| Product | Available? | Minimum | Eligibility |
|---|---|---|---|
| Arrived SFR Equity Series | Yes — open | $100 | Non-accredited (10% income/NW cap) |
| Arrived Debt Fund | Yes — open | $100 | Non-accredited (10% income/NW cap) |
| RealtyMogul Income REIT | No — paused | $5,000 (when open) | Non-accredited eligible (Reg A) |
| RealtyMogul Apartment Growth REIT | No — paused | $5,000 (when open) | Non-accredited eligible (Reg A) |
| RealtyMogul Marketplace (Wideman deals) | Yes — 4 active deals | $35,000–$50,000 | Accredited investors only |
What do the audited financials show for each platform?
Short answer
RealtyMogul Income REIT NAV: $7.49/share as of December 31 2025 (audited by CohnReznick), down from approximately $11.00 at peak — a 32% decline. Distribution cut from 6% to 3% annualized in February 2025. Apartment Growth REIT: $7.62/share NAV, distributions paused January 2026, $8.0M net loss FY2025. Arrived equity series: not profitable at entity level — going-concern qualifications. Arrived Debt Fund: $10.00 NAV, $3.55M net income FY2025, 8.7% current yield.
| Metric | RM Income REIT | RM Apartment Growth REIT | Arrived Debt Fund | Arrived SFR Equity |
|---|---|---|---|---|
| NAV per share | $7.49 (−32% from peak) | $7.62 (−27% from $10.41) | $10.00 — stable | Varies by property series |
| FY2025 net income | $3.18M income | −$8.0M net loss | $3.55M income | Not profitable (going-concern) |
| Distribution rate | 3.0% annualized quarterly (cut from 6%) | Paused January 2026 | 8.7% monthly | 3.6%–7.0% quarterly |
| Total assets | $288.7M (audited) | $157.3M (audited) | $70.3M (audited) | $148M+ (Core SFR, all series) |
| Auditor | CohnReznick LLP | CohnReznick LLP | Clean opinion | Going-concern (Stephano Slack) |
| Portfolio incidents | None disclosed at property level | Foreclosure (Sherwood Oaks), default (Brooklyn), Lotus Village sold at −14.7% | No adverse events | Individual series performance varies |
The Apartment Growth REIT's $8.0M net loss in FY2025 — combined with a documented portfolio loss, an unresolved mortgage default, and suspended distributions — makes it one of the most materially impaired retail real estate products in the current dataset. The Income REIT is profitable at the entity level ($3.18M net income) but the 32% NAV decline reflects underlying portfolio depreciation that net income does not capture.
How do fees compare between Arrived and RealtyMogul?
Short answer
Arrived SFR equity: 1% annual management, 8% property management on gross SFR rents (20% on STR 2), 3-5% acquisition fee per property. Arrived Debt Fund: 2.40% annual (1.20%/yr on NAV + 1.20%/yr on gross loan portfolio, charged simultaneously by Arrived Fund Manager LLC — the 8.7% yield is net of both fees). RealtyMogul Income REIT: 1% AMF + 0.5% servicing + 1.0% special servicing + up to 3% org/offering costs. Apartment Growth REIT: 1.25% AMF plus same servicing fees. RealtyMogul marketplace deals: Wideman sets fees independently per deal — FedEx deal carries 2% acquisition + 1.5% AMF + 2% property management. The platform also charges sponsors $1,500/investor + $125/quarter/investor — fees The Wideman Company now pays to its own platform.
| Fee component | Arrived SFR Equity | Arrived Debt Fund | RM Income REIT | RM Apartment Growth REIT |
|---|---|---|---|---|
| Annual management fee | 1.0% of property value | 2.40% annual (1.20%/yr on NAV + 1.20%/yr on gross portfolio — dual parallel fees; yield is net of both) | 1.0% AMF | 1.25% AMF |
| Servicing fees | None stated separately | None | 0.5% + 1.0% special servicing | Same servicing structure |
| Property management | 8% gross SFR rents; 20% STR 2 | N/A — credit fund | Varies by property; Wideman charges separately on Wideman-managed assets | Same — Wideman manages and charges |
| Acquisition / offering costs | 3–5% per property (one-time) | Not disclosed separately | Up to 3% org/offering costs | Same |
| All-in annual drag (est.) | ~2–4% (incl. property mgmt, amortized acquisition) | ~2.40% (dual fees; 8.7% yield already net) | ~2.5–3.5% (AMF + servicing + offering amortization) | ~2.75–3.75% (higher AMF) |
The RealtyMogul fee structure acquired a new dimension post-Wideman: the platform charges sponsors $1,500 per investor plus $125 per quarter per investor in platform fees. As the sole marketplace sponsor, now pays these fees to a platform it owns — a circular arrangement where fee income and fee expense sit within the same ownership structure. This is not disclosed prominently in deal materials.
Which platform is right for which type of investor in 2026?
Short answer
Arrived Debt Fund is the standout product for income-oriented retail investors: $100 minimum, clean audit, 8.7% monthly yield, open to non-accredited investors. Arrived SFR equity suits small speculative allocations for investors comfortable with qualified audit opinions. RealtyMogul is not currently appropriate for new REIT investors — both products are paused. Existing REIT investors should monitor for reinstatement. Accredited investors evaluating RealtyMogul's marketplace should read the Wideman PPMs independently and assess the conflict before committing capital.
Choose Arrived Debt Fund if
- → You want monthly income at 8.7% yield, $100 minimum
- → You need a product with a clean audit opinion
- → You are non-accredited and want private credit exposure
- → You want 1099-INT simplicity (no K-1)
- → You want the only currently-audited profitable retail real estate credit product in this comparison
Avoid if:
You want property equity ownership, need above Reg A 10% income/NW cap, or expect a guaranteed redemption mechanism.
Choose Arrived SFR Equity if
- → You want $100 entry into specific rental properties by market
- → You are comfortable with a qualified audit opinion and can size accordingly
- → You want to build a custom SFR portfolio over time
- → You prefer quarterly distributions with property-level transparency
- → You want to test fractional real estate with minimal capital before scaling
Avoid if:
You need audited entity-level profitability, want commercial real estate exposure, or are allocating more than the Reg A 10% income/NW cap allows.
RealtyMogul: current guidance
- → Existing REIT investors: monitor 1-U filings for redemption reinstatement — no action available now
- → New non-accredited investors: wait for Offering Circular refresh and at least one audited Wideman year
- → Accredited marketplace investors: read full Wideman PPMs, assess the structural conflict independently
- → 1031 investors: verify DST/TIC sponsor independently — do not rely on pre-acquisition track record
Historical note:
110 consecutive Income REIT distributions prior to the February 2025 cut. $1.2B+ deployed since 2012. The prior track record was real — the question is whether it transfers to the Wideman-managed entity.
Hard avoid:
New REIT investment until products reopen with refreshed terms. Evaluating current platform based on pre-Wideman distribution record.
AltStreet Take
What the data actually says
- →
This is not a close comparison for new investors in May 2026.
RealtyMogul's retail products are paused. Arrived's are open. That asymmetry makes most of the detailed feature comparison academic for anyone trying to allocate capital today. The meaningful comparison is Arrived's currently-available products against each other — and within Arrived, the Debt Fund is the only product with audited support.
- →
The Wideman conflict is not a disclosure risk — it is a structural reality.
When the entity that owns a platform also manages its funds and sponsors all its deals, investor interests and operator interests are no longer separable. The historical RealtyMogul track record — 110 consecutive distributions, $1.2B deployed — was built under a different ownership structure, a different management team, and a different portfolio composition. Applying that record to Wideman-managed products is not analytically valid.
- →
A foreclosure and an unresolved default in the same REIT, in the same year, is a signal.
Three adverse portfolio events occurred in the same fiscal year: a deed-in-lieu transfer on Sherwood Oaks (March 2026), an unresolved mortgage default on Brooklyn (September 2025), and Lotus Village sold at -14.7%. All under the Wideman management transition. This is not a single bad outcome in a diversified portfolio. This is concentration risk materializing across multiple assets simultaneously, under a new management team still executing its strategy.
- →
Arrived's going-concern is a different kind of risk from RealtyMogul's.
Arrived's qualified audit opinions reflect entity-level cash flow uncertainty — the equity series are not profitable on a standalone basis and depend on continued fundraising. RealtyMogul's issues are realized outcomes: a deed-in-lieu transfer is not a forward-looking risk flag — it is a completed outcome. Both platforms have audit stories. They are not the same story.
- →
The Arrived Debt Fund is being underutilized by investors focused on equity products.
Most fractional real estate marketing leads with equity upside. The Arrived Debt Fund — $100 minimum, 8.7% monthly yield, clean audit, audited net income — is the only product in this comparison that simultaneously offers low minimum, audited profitability, and current income. It is not discussed as prominently as equity series in most investor comparisons. It should be.
- →
For existing RealtyMogul REIT investors: the priority is information, not action.
With both repurchase programs suspended, there is nothing to do operationally. The priority is monitoring: watch for Form 1-U filings announcing redemption reinstatement, read the Offering Circular refresh when it is filed, and understand what the new terms say about the redemption program structure and Wideman's ongoing fee arrangements before deciding whether to add capital when the REITs reopen.
Primary sources reviewed
Forensic source layer
Every data point in this guide is sourced from a primary filing. The source list below is the basis for the analysis — not marketing materials, press releases, or platform self-reporting unless explicitly labeled.
Last filing reviewed
May 6, 2026
RM Adviser LLC fact sheets
RealtyMogul filings
- ›Form 1-K (FY2025) — Income REIT annual report — CohnReznick LLP audit. CIK 0001669664. Filed March 2026. EDGAR ↗
- ›Form 1-K (FY2025) — Apartment Growth REIT annual report — CohnReznick LLP audit. CIK 0001699573. Filed March 2026. EDGAR ↗
- ›Form 1-U — Income REIT: distribution cut (Feb 2025), repurchase suspension (Apr 2026), investment mandate amendment (Aug 2025). Multiple filings. EDGAR ↗
- ›Form 1-U — Apartment Growth REIT: Sherwood Oaks foreclosure (Mar 2026), Brooklyn default (Sep 2025), Lotus Village sale, repurchase suspension. Multiple filings. EDGAR ↗
- ›Offering Circulars — Income REIT and Apartment Growth REIT offering circulars — fee structure, redemption program terms, risk factors.
- ›EDGAR Form D — 43 historical SPV entities (CIKs under RealtyMogul umbrella, 2017–2019 vintage) — AltStreet EDGAR research. $128.7M verified.
- ›RM Adviser LLC fact sheets — Platform-level AUM, investor counts, deal summary — dated May 6, 2026.
Arrived filings
- ›Form 1-K (FY2025) — Arrived Homes LLC (Core SFR) — auditor Stephano Slack LLC. CIK 0001821720. Going-concern qualification. EDGAR ↗
- ›Form 1-K (FY2025) — Arrived Debt Fund — clean audit opinion. Net income $3.55M, total assets $70.3M, $10.00 NAV. CIK 0002007995. EDGAR ↗
- ›Form 1-K (FY2025) — Arrived STR LLC, STR 2 LLC — going-concern qualifications. CIK 0001942208, 0001968039.
- ›Form 1-K (FY2024/25) — Arrived SFR Genesis Fund, SFR 3, 4, 5, Seattle Fund — going-concern on all equity entities.
- ›Offering circulars — Fee disclosures: 8% property management (SFR), 20% (STR 2), 1% annual management, 3–5% acquisition fee. Reg A Tier 2 10% income/NW cap terms.
- ›Platform scrape — arrived.com — 966K registered investors, $414M total invested, $77M distributed. May 2026. Platform-disclosed figures.
FAQs
Arrived vs RealtyMogul: Common questions
Which platform is better for non-accredited investors: Arrived or RealtyMogul?＋
Both platforms have historically served non-accredited investors, but the current situation is different for each. Arrived's equity series remain open at $100 minimum (Regulation A Tier 2) and the Debt Fund offers $100 minimum with a clean audit and 8.7% current yield. RealtyMogul's REITs are currently paused to new investors pending an Offering Circular refresh under new Wideman management. When the REITs reopen, non-accredited investors should evaluate them against refreshed terms — not the prior 110-period distribution record that was established under different management, with a different portfolio, and before the current NAV declines.
What are the minimum investments for Arrived and RealtyMogul?＋
Arrived: $100 for individual SFR and STR property series and the Debt Fund; $20,000 for the SFR Genesis Fund institutional product. RealtyMogul: $5,000 for both REITs (when open); $35,000–$50,000 for marketplace private placements (accredited investors only). The RealtyMogul REITs are currently paused to new investors as of May 2026 pending Offering Circular updates.
Are RealtyMogul's REITs currently available to investors?＋
No. Both RealtyMogul REITs are currently paused to new investors as of May 2026. The Income REIT and Apartment Growth REIT are undergoing Offering Circular refreshes following the November 2025 Wideman Company acquisition. Share repurchase programs for both REITs were suspended April 21 2026 — existing investors have no current redemption path. A reinstatement timeline has not been disclosed.
What happened to RealtyMogul's Income REIT returns?＋
The Income REIT NAV declined from approximately $11.00 per share at peak to $7.49 per share as of December 31 2025 (audited by CohnReznick LLP) — a material NAV decline. The distribution rate was cut from 6% annualized to 3% in February 2025. Share repurchase was closed April 21 2026. FY2025 net income was $3.18M on $288.7M total assets. The 7,700 Income REIT investors currently have no exit mechanism.
Has RealtyMogul had any foreclosures?＋
Yes. The Apartment Growth REIT transferred the Sherwood Oaks property to the lender via deed in lieu of foreclosure on March 26 2026 — the first actual asset loss in that REIT's portfolio. Additionally, the Brooklyn Portfolio entered mortgage maturity default on September 2 2025 with no disclosed resolution as of May 2026. The Lotus Village property was sold at $32.85M versus a $38.5M acquisition price, a -14.7% loss. These events occurred under the Wideman management transition. For historical context: AltStreet's EDGAR research verifies $128.7M raised across 43 Form D SPV entities (numbered 66–134, 2017–2019 vintage) — the marketplace model that preceded the REIT pivot.
Does Arrived have audited financials?＋
Yes. Arrived files Regulation A 1-K annual reports for all nine registered entities, which include audited financial statements from Stephano Slack LLC. All eight equity entities carry going-concern qualifications for the second consecutive year. The Arrived Debt Fund is the only entity with a clean audit opinion — net income $3.55M in FY2025, total assets $70.3M, $10.00 NAV per share. RealtyMogul's REITs are audited by CohnReznick LLP, a larger regional firm — the Income REIT reported $3.18M net income and the Apartment Growth REIT reported an $8.0M net loss in FY2025.
How does RealtyMogul's Wideman acquisition affect investors?＋
The November 2025 acquisition by The Wideman Company created a direct conflict of interest: Wideman owns the platform, manages both REITs, and is the sole sponsor of all active marketplace deals. The REIT investment mandate was amended in August 2025 to focus on conservative entry pricing and industrial assets — after many current portfolio acquisitions were made under the prior strategy. All current marketplace private placements are Wideman Company deals, with zero independent third-party sponsors. New investors should read the full Wideman PPMs and assess the conflict of interest independently.
Which platform has better tax reporting: Arrived or RealtyMogul?＋
Both issue 1099-DIV for their REIT structures — a meaningful advantage over K-1 platforms. Arrived equity series issue 1099-DIV; the Debt Fund issues 1099-INT for interest income. RealtyMogul REIT distributions are 1099-DIV eligible for the Section 199A 20% qualified REIT dividend deduction. RealtyMogul's marketplace private placements and 1031 DST products issue K-1s. The Apartment Growth REIT's distributions include return-of-capital components due to net losses — investors should track basis adjustments carefully.
Is RealtyMogul safe for new investors in 2026?＋
The REITs are paused to new investors as of May 2026 — the investment option is not currently available. For the marketplace private placements: they require accredited status, $35,000–$50,000 minimums, and all active deals are sponsored by The Wideman Company, the platform owner. AltStreet's view: wait for at least one audited fiscal year under Wideman management and a refreshed Offering Circular before evaluating the REITs as new investments. Evaluate marketplace deals on their own merits — not on RealtyMogul's pre-acquisition brand.
Which is better for monthly cash flow: Arrived or RealtyMogul?＋
Arrived Debt Fund: 8.7% current yield with monthly distributions, $100 minimum, clean audit. This is the strongest available monthly income option between the two platforms. RealtyMogul Income REIT: 3.0% annualized quarterly (cut from 6% in February 2025). Apartment Growth REIT distributions paused January 2026. For current monthly cash flow, Arrived Debt Fund is the only audited-supported option. RealtyMogul's income story has materially changed from the 6% yield that attracted most of its 7,700 Income REIT investors.
Full Platform Analysis: Arrived and RealtyMogul
Both reviews are sourced from primary SEC filings — Regulation A 1-K annuals, REIT prospectuses, Form 1-U disclosures, and EDGAR Form D data. No marketing language, no affiliate framing.
Arrived Full Review
9-entity SEC analysis, going-concern findings on equity series, Debt Fund clean audit, 8.7% yield, affiliate fee structure breakdown, $100 minimum deep-dive.
RealtyMogul Full Review
Wideman acquisition analysis, Income REIT -32% NAV decline, Apartment Growth REIT foreclosure and default, suspended redemptions, 43 EDGAR-verified historical SPV entities.