Value-Add Multifamily Real Estate (Equity and Notes)

DiversyFund

DiversyFund sold $83.4 million of $10 shares in four multifamily REITs to roughly 30,000 non-accredited investors between 2016 and 2024. All four are now closed to new investment, none has returned original principal through redemption or liquidation, the largest has declared $7.8 million of distributions in seven years and nothing since 2022, and the platform today sells only private products to accredited investors at minimums it states as $100,000, issued or managed by a sponsor whose revenue fell from $11.6 million to $94,760 and whose own balance sheet shows shareholders' equity of negative $6,802,512.

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Platform Identity

Headquarters
San Diego, CA, US
Founded
2016
Platform type
Real estate sponsor. Formerly Regulation A and Regulation CF retail REITs; now Regulation D 506(c) offerings to accredited investors only.
Regulatory
unregistered
Eligibility
accredited only

AltStreet Coverage

Review status
Published
Coverage type
Investment platform
Review date
Sep 21, 2026
Last updated
Sep 30, 2026
Composite score
1.7
Structural signals
1 warning16 total

Key Data Points

EDGAR-linked offerings
18
Filing-verified raised
$99.48M
Investors disclosed
25,547

Auditors of Record

Audit firms named in this platform's issuer filings, as recorded in AltStreet's auditor directory. Each firm page lists every issuer it audits across covered platforms.

All 10 tracked DiversyFund offerings →

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