Concreit

Concreit is a mobile-first real estate investing app from Seattle, founded in 2018. Its core product is Concreit Fund I LLC, a Regulation A+ Tier 2 fund any US investor can join for the price of a single share, currently $0.96, no accreditation required. The fund is debt-focused: as of December 31, 2025 it held $7.0 million in real estate loan participations and $1.8 million in private equity positions against $9.0 million in total assets, per its SEC annual report. Distributions accrue and pay out weekly, the app's signature feature. A separate Home Shares product offers fractional single-family rental equity at $100 per share. The headline number: for August 2026 the manager declared $0.000175 per share per day, a 6.30% annualized rate on the original $1.00 share basis, or roughly 6.65% at the current $0.96 purchase price. That rate has held broadly stable since late 2023, but the manager resets it and it is not a contractual yield. The other number that matters: the NAV has sat at $0.96, 4% below the $1.00 launch price, every month since 2022, so total returns have come entirely from distributions. Fees deserve close reading. The fund pays its manager a 1% annual management fee on NAV, plus side fees such as 1% of any financing raised and 5% of gross rental income on owned property. Concreit's help center also describes a $5 per month account fee on balances under $5,000 and a 1.0% annual fee above that. On a $1,000 account, $60 a year in fees roughly cancels the $63 of distributions. Some 2026 reviews report the monthly fee has been dropped; confirm inside the app before funding a small balance. Liquidity is real but managed. New deposits are locked for 60 days. After that, redemptions run monthly at the manager's discretion, typically capped at 10% of outstanding shares per rolling three-month period, with redemption costs of 2% under one year, 1% in years one to two, and zero after two years. It has been honored in practice: the August 7, 2026 SEC supplement shows $132,628 of $136,632 in July redemption requests processed. Concreit fits a beginner who wants recurring real estate debt income at pocket-money scale and treats it as a two-year-plus hold. Skip it if your balance would stay under about $5,000, since the flat fee can consume the entire yield; if you need on-demand liquidity, since redemptions can be suspended at any time; or if you want appreciation, since the flat $0.96 NAV means the fund has delivered income only. Also weigh scale: the app claims over 40,000 members, yet the fund holds just $9 million, which is thin diversification.