RealT: Fractional real estate platform, in liquidation

Tokenized US rental homes on Ethereum and Gnosis Chain, in voluntary liquidation since July 2026. Listings are kept for the record, none is open.

Profile checked October 24, 2026

Browse listings

758
Properties: $161M
Listed value: 100.0%
Funded: 9.70%
Median yield: 0.00%
30-day change: 19.1%
Share of index

Properties
Listed value
Funded
Median yield
30-day change
Share of index

What happened at RealT

November 2025
Rent payouts stopped for most properties
Weekly rent distributions largely stopped in late 2025 as property-management problems mounted across the Detroit portfolio and the City of Detroit sued over 408 properties.
Source: Michigan Public, 2 May 2026, checked October 24, 2026.
April 22, 2026
Court put an outside fiduciary in charge of the Detroit portfolio
A court approved a third-party fiduciary to run RealT's Detroit properties, taking day-to-day control away from the founders.
Source: Michigan Public, 2 May 2026, checked October 24, 2026.
July 2, 2026
Founders announced a voluntary liquidation
On an investor call the founders said the company would wind down and sell its assets. Nothing is open to new investment and holders depend on the liquidation for any recovery.
Source: RealT status notice (Michigan Public, 2 May 2026), checked October 24, 2026.

What it cost

To buy: Not publishedRealT published no purchase fee. Tokens sold at an offering price it set per property, with any markup over cost inside that price.
Each year: 5% of rent collected plus 1.5% of repair costs to the property managerFrom the 2019 Series 1 private placement memorandum, the only offering document still hosted on realt.co. Later property pages carried their own management percentage and a platform fee, but those pages and the wiki are offline.
To sell: Not publishedUnspecified processing fees on a sale back to RealT or on a secondary market, plus exchange fees and gas when selling on-chain. No fixed exit percentage was ever published.

Source: RealToken Series 1 private placement memorandum, checked October 24, 2026.

How you exited

Mechanism: A sell order to RealT at the last appraisal value, settled in 8 to 14 days, or trading between whitelisted wallets on decentralised exchanges. Nothing is open since the company entered voluntary liquidation on 2 July 2026
Lock-up: US holders had a one-year holding period before trading on an exchange, non-US holders could sell once whitelisted
How often: Any time on the exchanges, about two weeks through the website buyback
Guaranteed: No. RealT's disclaimer said no public market existed or was assured, and the website buyback was at its discretion

Source: RealT wiki, archived January 2023, checked October 24, 2026.

What you own

Structure: RealTokens were ERC-20 tokens representing membership interests in a per-property series of RealToken LLC, a Delaware series LLC managed by RealToken Inc., with the series holding the deed. Sold to US accredited investors under Regulation D and to non-US persons under Regulation S, never registered with the SECExplained on Tokenized LLC interests and property tokens, with every platform that uses it.
Regulator: None. SEC private placement exemptions (Regulation D and Regulation S), not registered

Source: RealT website general disclaimer, April 2022, checked October 24, 2026.

Compare every platform on fees and how you get your money out.

About

RealT was the pioneer of tokenized real estate. Founded in 2019 and based in Miami, it tokenized more than 700 rental properties, most of them in Detroit with some in Panama and Colombia, as RealTokens on Ethereum and Gnosis Chain from $50 a token, paying rent weekly in USDC or xDAI. Rent payouts largely stopped in late 2025 as property-management problems mounted. The City of Detroit sued over 408 properties, a court approved an outside fiduciary to run the Detroit portfolio on 22 April 2026, and on a 2 July 2026 investor call the founders announced a voluntary liquidation and sale of the assets. Around $140M had been raised. Threeworld keeps the listings indexed so holders can still see them, but shows every one as closed.

Property types

Single Family Homes
Multi-Family

What you get

Ethereum & Gnosis Chain
Weekly rent payments (suspended late 2025)
DeFi integrations
Global access

758 properties from RealT

Open the marketplace

Sold OutUnited States
9336 Patton St, Detroit, MI 48228
31
9336 Patton Street is a single-family home located in the Franklin Park neighborhood of the greater Detroit area. Patton is a mid-century 3 bed, 1 bath, single floor property. Patton is local to a number of community churches, as well as up the street from the Dearborn campus of the University of Michigan. Just three blocks away from Patton is Rouge Park, a 1,200 acre park that is 40% larger than New York’s Central Park! The park has more than a dozen amenities that are completely unique to Detroit, such as the only Michigan Mountain Biking Association trail in Wayne County, an archery range, and the 15-acre tall-grass prairie with an ecosystem that supports butterflies and other wildlife. The Franklin Park neighborhood is a blue-collar area where the resurgence of the automobile industry has positively impacted the local housing market.
RealT: in liquidation since July 2, 2026
Annual Yield
13.2%
Token Price
$65.50
Min Investment
N/A
Total Value
$65.5K
Sold OutUnited States
20200 Lesure St, Detroit, MI 48235
31
Lesure is a single-family property in Detroit Michigan, USA. It’s located in the Blackstone Park neighborhood, an area in the middle of the blue-collar revitalization of the Detroit industry. The current tenant qualifies for section 8, has lived in the property for over 5 years, and has proven to be an excellent custodian of the property. Lesure is in close proximity to Eight Mile Road, where local restaurants and retail stores act as the community hub. This location gives Lesure both a quiet neighborhood and easy access to the rest of the city. This property’s high rental income, maintenance history, and exposure to the resurgence of local industry makes Lesure a valuable component of a real estate portfolio looking for both passive income and exposure to the growth of Detroit.
RealT: in liquidation since July 2, 2026
Annual Yield
13.7%
Token Price
$71.50
Min Investment
N/A
Total Value
$71.5K
Sold OutUnited States
5942 Audubon Rd, Detroit, MI 48224
32
This classic 1930s home in the Morningside neighborhood of Detroit is the epitome of a promising single-family property investment. The 2,571 square-foot home, completely rehabilitated and rented in 2019, sits on a 6,531 square-foot lot and boasts central heating, comfortable updates, and the unique character that can only come from Detroit Industrial Revolution-era builds. Families will appreciate the proximity to top-rated schools in the Detroit area like Cass Technical and Renaissance High. With easy access to Highway 94, and only a stroll away from East English Village and Grosse Pointe, the Morningside neighborhood is sure to benefit from the surrounding area’s significant growth. Get access to this neighborhood before the $69,900 median price drastically increases. The adjacent North End neighborhood’s median listing is quickly approaching $130,000, and the Lower East’s median is well over $105,000. Seize this unique opportunity to own a piece of quintessential Detroit property.
RealT: in liquidation since July 2, 2026
Annual Yield
14.8%
Token Price
$82
Min Investment
N/A
Total Value
$61.5K

properties from RealT

Open the marketplace

RealT: Fractional real estate platform, in liquidation

What happened at RealT

Rent payouts stopped for most properties

Court put an outside fiduciary in charge of the Detroit portfolio

Founders announced a voluntary liquidation

What it cost

How you exited

What you own

About

Property types

What you get

758 properties from RealT

properties from RealT

Other platforms on Threeworld

Learn how fractional real estate works

What is Fractional Real Estate?

Understanding Minimum Investments

Risks to Consider

758 properties from RealT