Cadre vs. Fundrise 2026 Real Estate Investing Comparison

Individual commercial real estate deals (multifamily apartments, office, hotels, industrial) and the Cadre Direct Access Fund. Both carry meaningful minimums and accreditation requirements. Cadre branding lives inside the broader Willow Wealth platform.

Fundrise REITs (residential, industrial, flagship), the Innovation Fund (venture capital), and the Income Real Estate Fund. Investors do not own individual properties; they own shares of a fund that owns the portfolio.

The Cadre Direct Access Fund covers approximately 15 high-growth U.S. markets, with concentration in Sun Belt metros. Direct deals are sourced across the U.S.

Fundrise's real estate portfolio skews toward Sun Belt markets — Texas, Florida, Georgia, the Carolinas, and Arizona — with selective exposure to coastal markets like Washington D.C. and California.

Cadre reports a historical IRR of approximately 17.8% across realized deals and roughly $184 million in cumulative gross distributions. Advertised target returns on individual offerings typically range 10–15%. Past performance is platform-reported and not independently audited.

Fundrise's long-run net average return is approximately 7% per year for investors who held through multiple years. Annual results have been volatile recently — roughly +1.5% in 2022, -7.45% in 2023, and a recovery in 2024–2025. Returns are split between modest dividends (recently ~2–3% annualized) and NAV appreciation. Past performance does not guarantee future results.

Cadre's fee structure varies by offering and includes both platform-level and sponsor-level fees. Read each deal's fee schedule carefully. Fund products typically include both management and carried-interest fees.

Fundrise charges 1% per year on real estate funds (0.85% asset management + 0.15% advisory). The Innovation Fund charges 1.85%. Fundrise Pro is an optional $99/year. Early-redemption fees of 1% apply to shares held under five years, and IRAs incur a $75 annual fee.

Typical hold periods run 5–8 years. Sponsors decide when to liquidate; investors do not control exit timing.

Fundrise products are designed to be held for at least five years. Below that, early redemption is treated as an exception, not a feature.

Accredited investors only. SEC accreditation requirements apply: $200,000+ annual income (or $300,000+ jointly), $1,000,000+ net worth excluding primary residence, or holding relevant financial licenses.

Open to all U.S. citizens and permanent residents 18 or older. No accreditation required. Fundrise supports taxable brokerage, traditional IRA, Roth IRA, joint accounts, entities, and trusts. International investors are not supported.