{"data":{"type":"company_profile_ai","id":51527,"entity_id":"wefunder:company:51527","attributes":{"canonical_url":"https://wefunder.com/nyce","retrieval_urls":{"canonical":"https://wefunder.com/nyce","json":"https://wefunder.com/nyce.json","markdown":"https://wefunder.com/nyce.md","ai_json":"https://wefunder.com/nyce.ai.json","ai_text":"https://wefunder.com/nyce.ai.txt","changelog_json":"https://wefunder.com/nyce.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-02T23:54:52Z","generated_at":"2026-06-03T23:03:38Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":51527,"entity_id":"wefunder:company:51527","slug":"nyce","name":"NYCE","tagline":"On a mission to wipe out economic inequality.","elevator_pitch":"A “Robinhood for real estate,” we’re on a mission to create 100K+ POC millionaires through real estate ownership and financial literacy.","location":"New York, NY","website":"https://nyce.co/mission","total_amount_raised":1675454,"total_investors":2697,"is_funded":false,"is_active":false},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 1675454","citation":"https://wefunder.com/nyce#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-02T23:54:52Z","as_of":"2026-06-03T23:03:38Z","confidence":"high"},"observed_at":"2026-06-02T23:54:52Z","expires_at":"2026-06-03T23:54:52Z"},{"claim_id":"claim-total-investors","text":"Total investors: 2697","citation":"https://wefunder.com/nyce#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-02T23:54:52Z","as_of":"2026-06-03T23:03:38Z","confidence":"high"},"observed_at":"2026-06-02T23:54:52Z","expires_at":"2026-06-03T23:54:52Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 1675454","citation":"https://wefunder.com/nyce#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-02T23:54:52Z","as_of":"2026-06-03T23:03:38Z","confidence":"high"},"observed_at":"2026-06-02T23:54:52Z","expires_at":"2026-06-03T23:54:52Z"},{"claim_id":"claim-total-investors","text":"Total investors: 2697","citation":"https://wefunder.com/nyce#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-02T23:54:52Z","as_of":"2026-06-03T23:03:38Z","confidence":"high"},"observed_at":"2026-06-02T23:54:52Z","expires_at":"2026-06-03T23:54:52Z"}],"company_claims":{"tagline":"On a mission to wipe out economic inequality.","elevator_pitch":"A “Robinhood for real estate,” we’re on a mission to create 100K+ POC millionaires through real estate ownership and financial literacy.","story":"NYCE : $100B Wealth Transfer🦄 MISSION: 100,000 millionaires by 2030⚡️ DONE: 3x crowdfunding records🚀 TARGET: 100,000 affordable housing units📊\u0026nbsp;TERMS: 50% returns, 10% royalties🤩 SEEN: Forbes, TechCrunch, etc🔥 GROWTH: 2.5M community (and growing)“The number one driver behind the wealth gap is absence of real estate ownership.”Home ownership in low-income communities is less today than it was 50 years ago when discrimination was legal. 🤯This has led to a generational wealth gap that will take 220+ years to close.Plus, institutional investors are buying up homes en masse, BLOCKING OUT the average person from the one trusted source of wealth building: home ownership.Solution: Real estate ownership for ALL. 💯In 2020, we made real estate ownership accessible to ALL—not just so-called “accredited” investors.With $100 or less. Ownership Promised, Ownership Delivered. 🤝TRACTION: We’ve set three records, helped 10,000+ people of color become first-time owners, and facilitated the first successful Reg. CF investor exit for real estate.More importantly…We’ve provided access to the tools to build and KEEP generational wealth…🗝Our NYCE+/TRIBE community gives access to the assets and tools the wealthy use daily.NYCE 2.0: ”The Great Wealth Transfer” 🔥🤝 NYCE 2.0: We’ve proven the model. We’ve proven the concept. Now we want to accelerate the mission to its next level: bringing home ownership to our TRIBE.100,000 investors —\u0026gt; 100,000 HOME OWNERS 🚀Backed by local Senators and councilmen, NYCE Communities is DESIGNED to revitalize neighborhoods—one metro at a time—and bring home ownership to first-time buyers:🏗\u0026nbsp;Build affordable starter homes💰\u0026nbsp;Down payment funding (via NYCE’s app)🚔\u0026nbsp;Neighborhood cleaning and patrol👇\u0026nbsp;Financial literacy and education“Alright, that sounds great, but what’s in it for me?!” 👀We’ve created a bond instrument that gives access to the mission, awesome perks and benefits, plus awesome, investor-friendly terms.Investor-Friendly Terms 👇📊1.5x total returns💰\u0026nbsp;10% royalty (we succeed TOGETHER)✔️\u0026nbsp;4-year term w/ 12-month resale option🤝\u0026nbsp;NYCE Early Bird/Investment discounts“Alright, that sounds great, but what’s in it for me?!” 👀We’ve created a bond instrument that gives access to the mission, awesome perks and benefits, plus awesome, investor-friendly terms.Investor-Friendly Terms 👇📊1.5x total returns💰\u0026nbsp;10% royalty (we succeed TOGETHER)✔️\u0026nbsp;4-year term w/ 12-month resale option🤝\u0026nbsp;NYCE Early Bird/Investment discountsPlus! Investors qualify for down payment funding. 🤩Meaning you will automatically pre-qualify for down payment funding on the NYCE app to finance a house hack, rehab or new home purchase.“Wealth is a function of the conversations around the dinner table…”\u0026nbsp;****— Philip MichaelIn truth, ASSET redlining is a socio-intellectual challenge; it’s not taught in schools and institutions make too much to fix it. 🗝🗝🗝🗝In other words, those who have the access, keep the wealth.Those who don’t…don’t.Which is why we’re here today.Let’s make a difference. 🙏","quick_facts":["“Robinhood of real estate” — Yahoo Finance","Invest and trade in 12 months","2.5M+ followers on social media","FIRST Reg. 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Is this a REIT? Do we get a dividend? Is it something that you easily take out your money? Or is something that you invest in and is locked in for a certain timeframe?","answer":"Hi Alexander! Thank you for your questions—a good ones, too! The 1-3-5-year outlook is used to showcase how investments grow over time—illustrative purposes. For many starting out, the idea of 8%, 9%, 10% compounded returns can be confusing. To answer your main question, we’re not a REIT; consider us something similar to Fundrise but with a very particular mission. And yes, the capital is locked in for a certain time period; not unlike any other direct real estate investment or if you investe..."},{"question":"While researching NYCE, I keep seeing New York Equity Group (NYEG) with Phillip Michael as founder as well. Are NYEG and NYCE Co. one and the same? Additionally, is there a website and/or more online info for NYCE outside of SEC filings, Crowd Notes, and Offering Statements? T...","answer":"Great question! NYCE is the management arm of the actual real estate. For instance, each property is owned by its own LLC; this is very common. Fundrise’s parent company, to give an example, is called Rise Companies Corp; this owns Fundrise, which owns each property and/or eREIT under it. So you can think of NYCE as the Alphabet that owns Google, LLC, YouTube etc. Hope that answers your question!"},{"question":"Respectfully, what is the benefit of investing here as opposed to a more established and better funded alternative such as Fundrise? Thanks!","answer":"Hi Nathan, Great question! Thank you for asking that. All investments really depend on your appetite, your goals and what you believe in. Re: Fundrise, fundamentally it’s very similar. They also have a tech component, mainly in the way they onboard investors and they’re a pioneer in their way. Great concept. There are two main ways ours differs from Fundrise, or other real estate platforms for that matter: 1) More importantly, we’re totally and entirely motivated by our mission to create 100K..."},{"question":"How will an investor exit in 3 to 5 years? I read your comment below. Can you elaborate a little more, thank you.","answer":"Hi Mario, With these types of investments, they usually go by horizons due to the life cycle of a real estate (raise money, buy land, get architectural approvals, finding contractor, getting construction loans, building and then leasing out). In startups, it’s a little different also; it’s a longer play with more undefined exit opportunities. In this case, we already have skipped the most difficult and time consuming projects—the TEMPLE is already well underway to completion. That’s how and w..."},{"question":"Hi Philip, I read below about being able to exit out of this. This may be a dumb question but, Why would anyone want to exit out of this opportunity ever? Thank you, Jasen","answer":"Hey Jason! Haha, thanks for that. Well, at some point, people want their “exit”—their return—so they then can elect to stay or invest another opportunity. For me, there’s no escaping since there’s a family AND community “legacy” involved, if you well. Thanks for asking!"}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-03T23:03:38Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-02T23:54:52Z","as_of":"2026-06-03T23:03:38Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-02T23:54:52Z","as_of":"2026-06-03T23:03:38Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-05-28T23:01:20Z","as_of":"2026-06-03T23:03:38Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-05-28T23:01:20Z","as_of":"2026-06-03T23:03:38Z","confidence":"medium"}}}}}}