Invest in private credit deals
Invest in a real estate portfolio
Investments
$500
Investors can enter the private credit market via Percent with a minimum of $500, accessing a variety of asset-based securities and corporate loans.
Investments
$100
Concreit offers two investment options with different minimum investments. For the Cash Flow strategy, investors can start with a few thousand dollars and have the option to use auto-invest for gradual contributions. For Home Shares, the minimum investment is $100 per share.
Moderate Risk
3/5
Investing on Percent comes with inherent risks, despite efforts to minimize these through a proprietary risk framework for its own deals. The risk levels can vary across the platform, depending on whether Percent or a third party underwrites the deal.
Moderate Risk
3/5
Investing in Concreit involves significant risks, such as the potential for complete loss of capital, illiquidity of investments, and exposure to the volatile real estate market. Other risks include the platform's limited operating history and potential conflicts of interest.
Minimum Liquidity
1/5
Liquidity on Percent, as with many private credit platforms, varies by investment. Generally, these investments are less liquid than public stocks, tied to longer-term commitments without guaranteed immediate access to funds.
Minimum Liquidity
1/5
Investments on Concreit are illiquid, with no guarantee of being able to exit through their redemption program.
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Moderate Return
13.41 %
As of February 1, 2024, Percent offers a 2.5% interest rate on idle cash in accounts and reports a historical weighted average APY of 13.41% on investments.
Low Return
5.5 %
Concreit targets a 5.5% preferred annual return for investors, focusing on income through property value growth and rental income. Investors in Home Shares can potentially achieve an 8% to 14% annual return, combining equity appreciation and cash dividends from rental payments. While these returns are based on historical data and Concreit's strategic approach, actual future returns may vary due to market conditions and economic factors.
Short-term Investment
3+ months
Percent offers investment horizons starting at 3 months, accommodating short-term investment strategies.
Long-term Investment
5-7 years
Concreit typically estimates a 5-7 year hold period for investments in Home Shares. While investments are long-term, Concreit's redemption program may allow for earlier withdrawal under certain conditions, providing some flexibility regarding the investment's time horizon.
Who can invest
United States
Percent accepts investments only from accredited investors in the U.S. with U.S. bank accounts, adhering to Reg D 506(c) exemption rules.
Who can invest
United States
Concreit is open to US citizens or residents over 18, with no requirement to be an accredited investor.
Moderate Volatility
3/5
Assets on Percent generally show lower volatility than public market investments due to the nature of private credit, which often involves fixed returns from contractual agreements.
Moderate Volatility
3/5
Assets on the Concreit platform are subject to the volatility of the real estate market, influenced by economic conditions, interest rates, and supply and demand. This can lead to fluctuations in investment values, highlighting the inherent risks and potential for price volatility in real estate investments.
Regulation and audits
SEC Regulated
Percent is regulated under Regulation D, 506(c) of the Securities Act, allowing only accredited investors to participate after verifying their status.
Regulation and audits
SEC Regulated
Concreit is registered with the SEC as a Registered Investment Advisor (RIA), making it a fiduciary required to act in its clients' best interests. This registration subjects Concreit to SEC oversight and compliance standards.
Insurance
Yes
Funds deposited with Percent are held at an FDIC-insured bank, ensuring protection up to $250,000, the maximum allowed by law, providing security for investors' capital in case of a bank failure.
Insurance
No
Concreit investments do not have FDIC or SIPC insurance, meaning there's no governmental or organizational protection against loss for funds invested on the platform.
Payouts
No Recurring Payouts
Percent provides returns through interest payments or fixed returns from private credit deals, rather than traditional dividends.
Payouts
Dividends
Concreit distributes dividends from the net income of rental properties, after deducting expenses. For Cash Flow investments, the goal is weekly dividend payments, with an option for reinvestment. Home Shares investors receive quarterly dividends based on rental income, with potential profit from property appreciation upon sale. Distribution frequency and income depend on each property's performance and market conditions.
Withdrawals
Upon investment maturity on Percent, funds (principal and yield) are credited to the investor's account. Investors can then transfer these funds to an external account or reinvest.
Withdrawals
Concreit investors face a 60-day hold period for withdrawals after investment, with the overall process taking 2-3 weeks. A short-term withdrawal fee applies to profits withdrawn within 12 months, where investors receive their full principal but only 4/5 of short-term gains.
Extra Fees
Yes
From September 2023, Percent charges a fee of 10% on interest payments, not affecting the principal.
Extra Fees
Yes
Concreit charges a flat $5 monthly fee for accounts under $5,000 and a 1.0% annual fee for balances of $5,000 or more, aimed at covering asset management costs. Fees are deducted monthly from the investor's bank account or the fund, based on the ending account balance the day before assessment.
Taxes
Tax Form
Percent provides investors with a consolidated 1099-INT form each tax year, reporting all investment income as ordinary income for tax purposes.
Taxes
Tax Form
Concreit supports investors during tax season by issuing a Form 1099-DIV for holdings that distribute $10 or more annually, simplifying tax filing. They aim to have tax documents ready by February 1st.