Lofty
Overview
Lofty sells fractional tokens in individual US rental properties, each held in its own LLC, with rent paid out daily and trading on Lofty's own marketplace settled in USDC. Tokens are Algorand Standard Assets, and token holders vote on some property decisions. The retail channel is open to non-accredited US and international investors without a Reg D, Reg A+ or Reg CF filing, which a 2026 review describes as a regulatory structure that has not been tested.
US residential and some commercial/vacation rental properties across 40+ US cities (150+ properties as of April 2026 per third-party review)
Product structure
Lowest eligible investor type: Retail investors
US persons: Accepts US persons
Investor eligibility: US and international retail investors (no accredited requirement); OFAC-sanctioned jurisdictions excluded; accredited-only Syndicate channel
Classification of public offering terms, not a determination of your eligibility. Check the offering documents.- Legal wrapper
- Per-property Wyoming LLC (DAO-style governance); tokens are economic interests in the LLC, not title
- Regulatory status
- Retail marketplace operates without a Reg D, Reg A+ or Reg CF filing (per third-party review); a separate accredited 'Syndicate' channel files Form D. Lofty AI, Inc. states it is not a registered broker-dealer or investment adviser.
- Asset segregation
- Each property held in a separate LLC, isolating properties from one another and from the platform operator; no further segregation disclosure found
- Custodian
- Unverified
- Fund administrator
- Unverified
- Auditor
- Unverified
- Transfer agent
- Unverified
- Tokenization agent
- Lofty (self-issued)
- Proof of reserve
- none
Redemption & liquidity
- Redemption terms
- No issuer redemption; exit by selling on the Lofty marketplace (settled in USDC). Rent distributed daily in USD or USDC.
Fees
Marketplace trading fees of 1% buy / 0.5% sell per 2026 review (Y Combinator profile cites an earlier 3% + 3%); property-level management fees vary
On-chain information
Algorand
- Transfer restrictions
- KYC required to trade on the platform; no further transfer-restriction detail located
Contract addresses: unverified
Notes & material events
Not tracked on rwa.xyz's real-estate category as of 2026-09-30. Lofty's site (viewed 2026-09-30) reports '$100M+ invested', '$5.2M+ rent distributed' and '40K+ investors' (cumulative, platform-reported, not a current market value). A third-party review cites about USD 99M tokenized and 150+ properties as of April 2026. Reported issues: a condemned property in Akron, Ohio with an active lawsuit, and investor complaints about being unable to exit positions in some properties.
Revision history
No published revisions.