Read the instrument before comparing projected yields. Lofty describes fractional property shares; Reental describes different structures in Spain and the US; FINEXITY describes tokenized debt issued by a project company. These descriptions are starting points. The individual offering documents define the actual rights.
Read the instrument before comparing projected yields. Lofty describes fractional property shares; Reental describes different structures in Spain and the US; FINEXITY describes tokenized debt issued by a project company. These descriptions are starting points. The individual offering documents define the actual rights.
Comparison at a glance
| Platform | Structure described by the platform | First document to request |
|---|---|---|
| Lofty | Fractional property shares, with property-specific ownership documents. | Ownership and operating agreements for the particular property. |
| Reental | Tokenized equity loans in Spain and tokenized shares of a property-owning company in its US model. | The loan or share terms for the named offering and jurisdiction. |
| FINEXITY | In its FAQ example, a project company issues tokenized subordinated debt. | The issue terms, including ranking, payment conditions and maturity. |
Start with the named issuer
Write down who owns the property and who owes you money. Those may be different entities. Then find the clause that determines your rights when the property is sold, refinancing falls through or rent comes in below budget. A right to receive a contractual payment and a vote in a property-owning entity are different rights, even if both investments appear in a wallet.
Trace one distribution and one exit
Ask for a sample distribution statement showing where the money came from and what was deducted. Then trace an exit under two conditions: a willing buyer exists, and nobody makes a bid. A marketplace listing can provide a place to advertise an interest without providing a buyer or guaranteeing a price. Check whether transfer approval, lockups, maturity or early repayment rights govern the exit.
This is a document-reading comparison, not a review of live offerings or an investment recommendation. For an overview of the issuer's work, see the real estate tokenization guide.
Primary sources
- Lofty, operating model: https://www.lofty.ai/how-it-works
- Reental, country-specific structures: https://www.reental.co/en/en
- FINEXITY, project companies and subordinated debt: https://finexity.com/discover/faq
Compare the deal terms, not the platform label
Pick one available offering per platform. Save the deal name, document version and jurisdiction, then mark the clauses covering the instrument, payment priority, transfer restrictions and exit. Do not carry a term from one offering into another. Where the offering documents are gated, ask for access and leave the right unverified until you can read the clause.
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