Company Profile (AI Text)
Name: NYCE
Canonical URL: https://wefunder.com/nyce
Updated at: 2026-06-02T23:54:52Z

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.

Key claims:
- Total raised on Wefunder: 1675454 | citation: https://wefunder.com/nyce#claim-total-raised
- Total investors: 2697 | citation: https://wefunder.com/nyce#claim-total-investors

Verified facts:
- Total raised on Wefunder: 1675454 | observed_at: 2026-06-02T23:54:52Z | expires_at: 2026-06-03T23:54:52Z
- Total investors: 2697 | observed_at: 2026-06-02T23:54:52Z | expires_at: 2026-06-03T23:54:52Z

Computed metrics:
- total_amount_raised: 1675454
- total_investors: 2697
- team_size: 4
- featured_investor_count: 0
- faq_count: 5
- recent_post_count: 0

Quick facts:
- “Robinhood of real estate” — Yahoo Finance | citation: https://wefunder.com/nyce#claim-fact-1
- Invest and trade in 12 months | citation: https://wefunder.com/nyce#claim-fact-2
- 2.5M+ followers on social media | citation: https://wefunder.com/nyce#claim-fact-3
- FIRST Reg. CF real estate exit (105% returns) | citation: https://wefunder.com/nyce#claim-fact-4
- Seen on Forbes, TechCrunch, CNBC etc. | citation: https://wefunder.com/nyce#claim-fact-5
- 3x real estate crowdfunding records | citation: https://wefunder.com/nyce#claim-fact-6
- Affordable housing developments | citation: https://wefunder.com/nyce#claim-fact-7

FAQ:
- Q: What is the 1 year, 3 year, 5 year Outlook? 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?
  A: 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...
- Q: 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...
  A: 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!
- Q: Respectfully, what is the benefit of investing here as opposed to a more established and better funded alternative such as Fundrise? Thanks!
  A: 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...
- Q: How will an investor exit in 3 to 5 years? I read your comment below. Can you elaborate a little more, thank you.
  A: 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...
- Q: 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
  A: 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!