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Short answer. Lofty and Reental both tokenise property, but they are not equivalent. Lofty sells stakes in US rental homes from about $50, with its own secondary market, and warns that it is not a broker-dealer or registered adviser. Reental offers tokens in property projects from €100, with a different structure in the US and in Spain, monthly payouts in USDT and sales only to another user on the platform. Reental does not appear in the CNMV's crowdfunding register. Neither guarantees your capital or an exit.
Platform data reviewed on 3 November 2026. Reental figures as of 4 November 2026, provided by the company. Reental is one of the two parties compared and has an interest in the outcome: that is why every figure carries its source and date, and why we say what we could not check. Quotations from Spanish-language sources are our translation.
What is Lofty?
Lofty is a US platform that tokenises stakes in US rental homes. Its website declares more than 40,000 investors, more than $100 million invested and more than $5.2 million distributed (3 November 2026). These figures are self-declared. The website itself warns that Lofty AI, Inc. is not a registered broker-dealer or investment adviser.
Lofty does not state a minimum on its home page: it says many shares cost "around $50 or less". It applies enhanced KYC above $200. According to its website, marketplace trades settle in USDL, which it describes as a 1:1 representation of USDC, and you can deposit by card or with crypto. It does not publish vacancy or tenant arrears in aggregate, and we could not verify its portfolio.
According to a review on crowdfundedwealth.com (published on 19 April 2026 and updated on 16 October 2026), each property sits in its own Wyoming LLC, the LLC equity is issued as tokens on the Algorand network and rent is paid daily in USDC. This comes from a single review, which we have not checked against Lofty's documents.
What is Reental and how is it structured?
Reental tokenises property projects. According to its FAQ, in the US the asset is held by a limited liability company (LLC) whose shares are tokenised; in Spain, the tokens represent credit rights under a participating loan. Any adult can register and invest after completing KYC, and US tax residents must be accredited investors. The FAQ says it uses the Polygon network and that returns are generated in USDT, a stablecoin equivalent to one dollar.
According to the data Reental provides (4 November 2026), the minimum investment is €100 (1 token = €100) and the average historical IRR is 16.5%. It has tokenised around €106.9 million (about $124 million) cumulatively across 128 projects. There are 77 current projects, totalling around €87 million (about $101 million): 50 in operation, 20 under renovation, 6 under construction and 1 in funding (Miami 7, with $1.19 million of $2 million, 59.7%). The 51 closed projects total around €19.9 million. Reental declares that it has no public incidents. This is company data, not audited by third parties. One difference from Lofty is the stage of the projects: Lofty focuses on homes that are already let, while Reental has projects in operation, under renovation and under construction.
Lofty vs Reental, point by point
The table shows what each one publishes, with dates. The figures are not measured the same way, so we do not subtract one from the other.
| Aspect | Lofty | Reental |
|---|---|---|
| What you buy | Tokenised stakes in US rental homes. According to a review, each property sits in a Wyoming LLC and the token runs on Algorand (crowdfundedwealth, 16 Oct 2026). | Tokens in property projects. In the US, stakes in an LLC that holds the property; in Spain, tokenised securities representing credit rights under a participating loan (Reental FAQ). |
| Country of the asset | US (website, 3 Nov 2026). | US and Spain, with a different structure in each country. Visible examples: Miami 7 and Madrid 7. |
| Minimum investment | No minimum on the home page; "many shares cost around $50 or less" (website). | €100 (1 token = €100), according to Reental. |
| Published return | Average rental yield of 5.43% to 13.18% on three example properties (website). The review cites an advertised average of 9.2%. | Average historical IRR of 16.5%, declared by Reental on 4 November 2026. Estimated per project: 9.5% to 12% a year on the visible cards at reental.co/properties on 3 November 2026. Measures of a different nature from Lofty's. |
| Income payments | According to the review, daily rent in USDC on Algorand. The website refers to USDL for the marketplace. | Monthly, in USDT, with the option to reinvest (reental.co). |
| Fees | The website does not show them. According to a single review: 2.5% on purchase, 3% on sale and 3% marketplace fee for the seller; 5.5% to 10.5% round trip. Not verified in Lofty's terms. | See reental.co |
| Withholding tax | According to a single review, 30% without an ITIN and 15% with an ITIN and W-8BEN. Not verified in Lofty's terms. | 19% already applied for residents of Spain (FAQ). |
| Exit before the property is sold | Own secondary market. The website speaks of selling "instantly" with no lockups; the review describes an order book with liquidity pools per property. | Direct sale to another user on the platform (FAQ). Not guaranteed: it depends on there being a buyer. |
| Legal framework | The website says Lofty AI, Inc. is not a broker-dealer or registered adviser. The review found no SEC filings for its retail offering and no SEC action against the platform. | Reental is not a crowdfunding platform authorised by the CNMV and does not appear in its register of crowdfunding service providers (checked on 3 November 2026). According to the company's legal documentation, its product does not require that authorisation. This means that investors do not have the specific safeguards of Regulation (EU) 2020/1503 (for example, the knowledge test, the loss simulation and the reflection period), and that their holding is not backed by any crowdfunding supervisor. |
| Who can invest | The website lists no countries. According to the review, non-US investors from most countries, except OFAC-sanctioned jurisdictions. | Any adult after KYC. US tax residents: accredited investors only. |
| Scale (self-declared) | More than 40,000 investors, more than $100 million invested and more than $5.2 million distributed (3 Nov 2026). | Around €106.9 million (about $124 million) tokenised across 128 projects: 77 current and 51 closed, according to Reental on 4 November 2026. A different measure from Lofty's. |
| Published incidents | We have not located any SEC action. User reviews of withdrawals not completed are anecdotal and we do not use them as data. | Reental declares that it has no public incidents (4 November 2026). |
Where the asset is, what you hold and in which currency you are paid
Both invest in US property, but Reental also has projects in Spain. In the US its token represents a stake in an LLC that holds the property, a structure similar to the one the review describes for Lofty. In Spain the token represents a credit right under a participating loan, so the result depends on the terms of that loan, which appear on each project's page. Each platform sets out in its documents the holder's rights, the manager and the distribution rules, and we have not analysed Lofty's.
Currency changes the calculation too. Lofty operates in dollars and Reental pays in USDT, a stablecoin pegged to the dollar. An investor based in the euro area takes on exchange-rate risk and conversion costs, plus the risk that the stablecoin loses its peg or is frozen. This comes on top of the property risk and is not reflected in the return either platform publishes.
Returns: what each one publishes and what it measures
Lofty shows an "Average Rental Yield" per property on its home page. On the three featured properties on 3 November 2026 it was 5.43%, 11.05% and 13.18%, and the website presents them as examples, not a guarantee. It is a rental yield, not a total return nor what investors as a whole have earned. The review cites an advertised average of 9.2%, an IRR above 24% on some properties and cumulative rent of $5.2 million to 2025 ($1.7 million in 2025). It adds that only one or two of hundreds of properties have been sold above their purchase price, which matters if you are looking for capital gains as well as rent.
Reental declares an average historical IRR of 16.5% (4 November 2026), an aggregate across projects rather than the yield on a single property. The company has not provided the calculation methodology. That is why we do not set it beside Lofty's 5.43% to 13.18% or calculate a difference: they measure different things. Past returns are not a reliable indicator of future ones.
Costs and tax: what is on record for Lofty and what you should check
Lofty's website does not show its fees. According to a single review (updated on 16 October 2026), it charges 2.5% on purchase and 3% on sale, plus a 3% marketplace fee paid by the seller, which adds up to between 5.5% and 10.5% round trip depending on the order type. The review also cites 0.8% for ACH deposits (capped at $5) and 2.9% plus $0.30 for cards, and puts a realistic cost of getting in and out at around 8%. We have not verified these figures in Lofty's terms.
The review also states that Lofty withholds 30% of distributions to non-US investors without an ITIN, even from treaty countries (it cites Spain), and 15% with an ITIN and a W-8BEN form. This is the claim of a single source and we have not verified it in Lofty's terms. According to Reental's FAQ, returns for residents of Spain arrive with 19% withholding already applied. These are different regimes and cannot be compared without knowing your situation. How returns, token sales and currency conversions are taxed depends on your tax residence: consult a tax adviser before investing.
Liquidity: own secondary market vs sales between users
Lofty has its own secondary market. Its website says you can sell "instantly" and that there are no lockups. According to the review, the market combines an order book with per-property liquidity pools into which users stake USDC, and went live on 25 January 2024. Having a market does not guarantee a buyer or a price: you may sell below what you paid, and the selling fees the review cites come off the result.
At Reental, according to its FAQ, the exit is a direct sale to another user on the platform. There is no guarantee of a buyer, a price or a timeframe. The home page speaks of selling your stake "24/7" in a P2P market, but on 3 November 2026 the "P2P Marketplace" link in the menu did not lead to any page. On neither platform should you put money you may need in the short term.
Legal framework and oversight
Lofty presents itself as a US platform and its website makes clear that Lofty AI, Inc. is not a broker-dealer or registered adviser. According to the review, it found no SEC filings for its retail offering; the 13 filings by "Lofty Ventures Syndicate, LP" that it located name no Lofty entity or officer and the review does not treat them as Lofty products. We have not located any SEC action against the platform. That is all that is on record: it does not mean it complies or fails to comply with its obligations, and we have not analysed its legal documentation.
Reental is not a crowdfunding platform authorised by the CNMV and does not appear in its register of crowdfunding service providers (checked on 3 November 2026). According to the company's legal documentation, its product does not require that authorisation. This means that investors do not have the specific safeguards of Regulation (EU) 2020/1503 (for example, the knowledge test, the loss simulation and the reflection period), and that their holding is not backed by any crowdfunding supervisor. Keep this difference in mind before comparing figures: Lofty does not present itself as a platform subject to the European crowdfunding regime either.
Risks of each
At Lofty, the risks the sources document are the cost of getting in and out, dependence on the liquidity of its own market, withholding and tax for anyone without an ITIN, exchange-rate risk and operating reserves that, according to the review, are not transparent. On top of that comes the risk of any rental home: vacancy, repairs and tenant arrears. The review ends with a negative rating (2.9 out of 5) and the verdict "Avoid". That is the opinion of one analyst, and we do not use it as data.
At Reental, investors do not have the specific safeguards of Regulation (EU) 2020/1503, an exit depends on another user buying, payments arrive in a stablecoin and the result varies by country and project stage (renovation and construction included). The portfolio figures are declared by the company and not audited by third parties. A US real estate tokenisation case that has gone wrong, with payments suspended according to the press, is RealT, which we cover in Reental vs RealT.
Who each one suits
Neither wins on everything, and this is not personal advice. Lofty may suit you if you want to buy small fractions of US rental homes, receive or are comfortable handling funds in dollars and stablecoins, and accept round-trip costs, a withholding rate that may be high and no guarantee of exiting at the price you expect.
Reental may suit you if you prefer to start with €100 tokens, with projects in the US and Spain and monthly USDT payouts, and you accept that its legal framework is not that of a crowdfunding platform, that liquidity depends on another user and that its declared historical IRR is not comparable with Lofty's rental yield. Only invest what you can afford to lose in full.
Lofty, RealT and other comparisons
RealT is the other large US platform that tokenises rental homes. Its website still advertises returns while a review reports suspended payments, so its current status is unverified: we set it out in Reental vs RealT. If you want to contrast with a European platform registered with the CNMV, see Reental vs Urbanitae. There is a broader overview in the best real estate crowdfunding platforms.
Frequently asked questions
What is the difference between Reental and Lofty?
Lofty sells tokenised stakes in US rental homes from about $50, with its own secondary market and payouts in dollars and stablecoins. Reental tokenises property projects from €100, with a different structure in the US (stakes in an LLC) and in Spain (credit rights under a participating loan), monthly payouts in USDT and direct sale to another user on the platform. Reental does not appear in the CNMV crowdfunding register.
What is Lofty and how does it work?
It is a US platform that tokenises stakes in US rental homes. Its website declares more than 40,000 investors and more than $100 million invested (3 November 2026). According to a review on crowdfundedwealth.com, each property sits in a Wyoming LLC and the token runs on Algorand. The website warns that Lofty AI, Inc. is not a broker-dealer or registered adviser.
Can a resident of Spain invest in Lofty?
Lofty's website lists no countries. According to a review on crowdfundedwealth.com, it accepts non-US investors from most countries, except OFAC-sanctioned jurisdictions. This comes from a single source: check the conditions on the platform itself and consult a tax adviser.
What fees does Lofty charge?
Its website does not show them. According to a single review (updated on 16 October 2026), it charges 2.5% on purchase, 3% on sale and a 3% marketplace fee to the seller, between 5.5% and 10.5% round trip depending on the order type, plus deposit fees. We have not verified this in Lofty's terms.
What withholding tax does Lofty apply to an investor without an ITIN?
According to a single review on crowdfundedwealth.com, 30% of distributions to non-US investors without an ITIN, even from treaty countries such as Spain, and 15% with an ITIN and a W-8BEN form. We have not verified this in Lofty's terms. Consult a tax adviser. According to Reental's FAQ, its returns arrive with 19% withholding already applied for residents of Spain.
What are the minimum investment and the returns at Lofty and Reental?
Lofty states no minimum on its home page and says many shares cost about $50 or less; it shows rental yields of 5.43% to 13.18% on example properties. Reental sets €100 (1 token = €100) and declares an average historical IRR of 16.5%. They are different measures and cannot be compared directly.
Can I sell my stake early at Lofty or Reental?
Lofty has its own secondary market and its website speaks of selling instantly, but it does not guarantee a buyer or a price. At Reental, according to its FAQ, the exit is a direct sale to another user on the platform, with no guarantee of a buyer, a price or a timeframe.
Is Lofty registered with the SEC?
Its website says Lofty AI, Inc. is not a registered broker-dealer or investment adviser. According to a review on crowdfundedwealth.com, it found no SEC filings for its retail offering, and we have not located any SEC action against the platform. We have not analysed its legal documentation.
Is Lofty or RealT better?
There is no general answer. Both tokenise US rental homes. Lofty shows no suspension notice on its website. We could not verify RealT's status: its website still advertises income of 6% to 16%, but according to a review that cites Outlier Media its payments were suspended in February 2026. Details are in the Reental vs RealT comparison.
Is Reental authorised by the CNMV as a crowdfunding platform?
Reental is not a crowdfunding platform authorised by the CNMV and does not appear in its register of crowdfunding service providers (checked on 3 November 2026). According to the company's legal documentation, its product does not require that authorisation. This means that investors do not have the specific safeguards of Regulation (EU) 2020/1503 (for example, the knowledge test, the loss simulation and the reflection period), and that their holding is not backed by any crowdfunding supervisor.
Risk warning
Investing in tokenised property stakes can mean the total or partial loss of your capital, a lack of liquidity, currency costs and not achieving the expected return. Past returns do not guarantee future ones. Neither Lofty nor Reental offers a capital guarantee, and this page is not financial, tax or legal advice: consult a professional before investing. Reental is one of the parties compared in this text. Reental's figures are data provided by the company (4 November 2026); third-party figures are self-declared by each platform or come from a review, and are subject to change.
Sources
- Lofty, home page (2026-11-03): More than 40,000 investors, more than $100 million invested, more than $5.2 million distributed, example yields of 5.43% to 13.18%, warning that it is not a broker-dealer or registered adviser, USDL, secondary market.
- crowdfundedwealth.com, Lofty review (2026-10-16): Wyoming LLC and Algorand, fees, 30% withholding without an ITIN (single source), accepted countries, SEC filings, sales above purchase price.
- CNMV, register of crowdfunding service providers (2026-11-03): Reental not listed.
- Reental, FAQ (2026-11-03): Structure in the US and Spain, KYC, sale to an accredited third party, USDT, Polygon, 19% withholding.
- Reental, projects (2026-11-03): Estimated returns by project.
- Reental, home page (2026-11-03): Monthly USDT payments, P2P 24/7.
- Reental, data provided by the company (2026-11-04): €100 minimum, average historical IRR 16.5%, €106.9 million across 128 projects, 77 current, 51 closed, no public incidents declared.
- Regulation (EU) 2020/1503 (EUR-Lex) (consolidated text): European crowdfunding regime.
