Participant Capital
Participant Capital is a Miami-based SEC-registered investment adviser that provides individual accredited investors, family offices, and wealth managers access to institutional-quality real estate deals originated by its affiliate Royal Palm Companies, offering private real estate funds, a US Wealth Fund, Private Credit, and a 2025-launched crypto-collateralized investment platform.
- Company typePrivate
- Founded2011
- HeadquartersMiami, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Participant Capital does
Participant Capital Advisors, LLC is a Miami-based, SEC-registered investment adviser (RIA, Registration 304859) founded in 2011 as the private investment platform of Royal Palm Companies (RPC), a Florida real estate developer established in 1978. Operating as an operationally independent affiliate of RPC, the firm channels institutional-quality real estate deal flow to individual accredited investors, family offices, and wealth managers who historically lacked access to large-scale development opportunities. The product shelf includes Fund I LP and Growth Fund LP (private real estate funds), the US Wealth Fund (preferred equity for long-term growth), and Private Credit (real-estate-backed loans with a 75% maximum LTV). In 2025 the firm launched a Digital Currency Investment Platform (Private Wealth Platform) that enables crypto holders to use digital assets as collateral for real estate investments, supported by Fireblocks MPC custody and an Abra-powered dashboard with automated LTV monitoring.
The firm's business model combines recurring management fees, performance fees/carried interest on successful fund investments, and platform fees from the crypto-collateralized product, with all offerings distributed through Private Placement Memorandums to U.S. domestic and Cayman Islands offshore investors. GTM is primarily sales-led (direct outreach to accredited investors, wealth manager and family office partnerships) supplemented by event-driven engagement at major crypto conferences and earned media featuring CEO Daniel Kodsi. Technology infrastructure is assembled from third-party providers — Fireblocks for crypto custody, Abra for the investment dashboard, and Agora Real, Intralinks, and DST Vision for investor and advisor portals — rather than proprietary in-house systems. The competitive position rests on privileged access to RPC's deal pipeline (including the Miami Worldcenter, the second-largest urban development in the U.S.), a senior leadership team with 20-35+ years of real estate and private banking experience, and a track record of $5B+ in completed real estate assets, 10,000+ units delivered, and 18M+ sq ft developed through the RPC affiliation.
Participant Capital firmographics
Firmographics- Name
- Participant Capital
- Legal name
- Participant Capital Advisors, LLC
- Website
- https://participantcapital.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Participant Capital is a Miami-based SEC-registered investment adviser that provides individual accredited investors, family offices, and wealth managers access to institutional-quality real estate deals originated by its affiliate Royal Palm Companies, offering private real estate funds, a US Wealth Fund, Private Credit, and a 2025-launched crypto-collateralized investment platform.
- Ownership category
- akta.pro rank
Where Participant Capital is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Participant Capital business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Fund Management Fees: Participant Capital earns management fees from managing its private real estate funds including Fund I and Growth Fund. These fees compensate for investment management, fund administration, and investor reporting services.
- Performance Fees / Carried Interest: The firm earns carried interest from successful fund investments, aligning manager and investor interests in achieving strong returns on completed real estate assets.
- Crypto Platform Services: Revenue generated from facilitating cryptocurrency-collateralized real estate investments through the Private Wealth Platform, including lending services and portfolio management.
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Participant Capital product offering
Product offeringCore offering
Participant Capital is a private equity real estate investment firm that develops and manages private investment vehicles, giving individual accredited investors access to large-scale institutional real estate opportunities. Its product suite includes the US Wealth Fund (preferred equity for long-term growth), Private Credit (real-estate-backed loans with fixed monthly income), Fund I LP and Growth Fund LP (private real estate funds), and a Digital Currency Investment Platform that lets crypto holders use their digital assets as collateral to invest in real estate without selling them.
Product overview
Participant Capital is a private equity real estate investment firm that offers individual investors access to institutional-quality real estate opportunities. The company provides a suite of investment products: the US Wealth Fund (preferred equity for long-term growth), Private Credit (fixed-income backed by real estate loans), Fund I LP and Growth Fund LP (private real estate funds), and a Digital Currency Investment Platform (enabling crypto holders to leverage digital assets as collateral for real estate investments). The company primarily focuses on Florida and Sun Belt markets, targeting mixed-use, multifamily, hospitality, and residential developments.
Differentiator
Problem solved
Functional benefit
Products and services
- US Wealth Fund Preferred equity investment vehicle designed for long-term growth, providing individual investors access to institutional-quality real estate opportunities alongside major institutions. Sits senior to common equity with a balance of income potential and capital protection.
- Private Credit Private credit investment vehicle offering fixed monthly income through carefully underwritten loans secured by high-quality real estate assets, with loan-to-value ratios not exceeding 75%.
- Fund I LP Private real estate fund providing accredited investors access to large-scale development projects across mixed-use, multifamily, and hospitality sectors in Florida and the Sun Belt.
- Growth Fund LP Private real estate fund accessible through investor portals, providing exposure to development projects in the US market.
- Digital Currency Investment Platform (Private Wealth Platform) A platform allowing cryptocurrency holders to leverage their digital assets as collateral to invest in real estate equity and debt offerings without selling their crypto holdings, potentially deferring taxable events. Backed by Fireblocks MPC custody with automated LTV monitoring (alerts at 65%, rebalance at 78%).
Quantifiable outcome
- Access to $5B+ in completed real estate assets and 10K+ units delivered
- +1 more outcomes
Companies that use Participant Capital
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Participant Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature2 records
Participant Capital partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Royal Palm Companies (RPC)coreParticipant Capital is an operationally independent affiliate of Royal Palm Companies (RPC), one of Florida's leading real estate developers. RPC founded in 1978, has developed over $5B in real estate assets, 10K+ units, and 50+ properties. Participant leverages RPC's decades of experience, deep industry relationships, and substantial financial resources to access a broader range of opportunities than traditional real estate investment managers. RPC provides deal flow, development expertise, and co-investment in large-scale projects including Miami Worldcenter developments.
- FireblockscoreFireblocks provides institutional-grade MPC (Multi-Party Computation) wallet technology for cryptocurrency custody. Trusted by over 1,800 financial institutions, major banks, and hedge funds, Fireblocks has secured over $4 trillion in transfers. Fireblocks' security layers include MPC cryptography, secure hardware enclaves, SOC 2 Type II certification, ISO 27001 certification, and CCSS Qualified Service Provider Level 3 certification (highest level).
- Agora RealminorProvides the Fund I LP investor portal for Participant Capital investors to access account information, quarterly reports, and investment documentation.
- DST VisionminorProvides the Fund I LP advisor portal for financial advisors to access client account information and reporting tools.
- IntralinksminorProvides the Growth Fund LP investor portal for secure document sharing and investor relations services.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Participant Capital competitors and assessment
Company assessmentDirect peers
- CrowdStreet: Online commercial real estate investing platform offering individual accredited investors direct equity and debt investments in institutional-quality real estate projects, mirroring Participant Capital's individual-investor-focused PE real estate model.
- Fundrise: Direct-to-consumer real estate investment platform offering diversified eREITs and interval funds; competes for the same individual accredited investor pool that Participant Capital targets through its US Wealth Fund and Growth Fund.
- EquityMultiple: Real estate investment platform providing individual and institutional accredited investors access to commercial real estate equity and debt offerings with low minimums and diverse property-type exposure.
- Yieldstreet: Alternative investment platform offering income-generating private credit and equity products including real estate debt; competes with Participant Capital's Private Credit and US Wealth Fund for high-net-worth investors.
- RealtyMogul: Online marketplace for commercial real estate investing that enables individual investors to access individual property offerings and REIT products, comparable in distribution and target investor profile to Participant Capital.
- Cadre: Commercial real estate investment platform offering individual accredited investors curated access to institutionally-sourced deals, similar in operationally-targeted investor profile to Participant Capital's institutional-grade private RE funds.
- AcreTrader: Alternative real estate investment platform enabling individual investors to buy shares of farmland assets; comparable as an alternative-investment platform bringing institutional-quality real assets to individual investors.
- Roofstock: Online real estate investment marketplace offering individual investors access to single-family rental properties; comparable in democratizing institutional-quality real estate to individual investors.
Emerging players
- Milo: Crypto mortgage company enabling cryptocurrency holders to use digital assets for home purchases, operating at the intersection of crypto and real estate that Participant Capital's Digital Currency Investment Platform targets.
Broad incumbents
- Blackstone Real Estate: Largest institutional commercial real estate investor globally with BREIT and other vehicle offerings to individual investors; represents the scaled incumbent competing for the same institutional-quality real estate allocation trends.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Participant Capital social profiles
Digital presenceParticipant Capital compliance and trust
Trust signalCompliance1 record
Participant Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Participant Capital leadership team
Management profileNumber of profiles
Profiles11 records
Participant Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Participant Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Participant Capital
What does Participant Capital do?
Participant Capital is a private equity real estate investment firm that develops and manages private investment vehicles, giving individual accredited investors access to large-scale institutional real estate opportunities. Its product suite includes the US Wealth Fund (preferred equity for long-term growth), Private Credit (real-estate-backed loans with fixed monthly income), Fund I LP and Growth Fund LP (private real estate funds), and a Digital Currency Investment Platform that lets crypto holders use their digital assets as collateral to invest in real estate without selling them.
Is Participant Capital a public or private company?
Participant Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Participant Capital founded?
Participant Capital was founded in 2011. It employs 11 to 50 people.
Where is Participant Capital based?
Participant Capital is headquartered in Miami, United States, in the North America region.
How does Participant Capital make money?
Three revenue lines are on record. Fund Management Fees are the primary driver. The others are performance Fees / Carried Interest and crypto Platform Services.
Who are Participant Capital's main competitors?
Direct peers on record are CrowdStreet, Fundrise, EquityMultiple, Yieldstreet, RealtyMogul, Cadre, AcreTrader and Roofstock. Milo is listed as an emerging player. Blackstone Real Estate is listed as a broad incumbent.
Does Participant Capital have an API?
No public API is recorded for Participant Capital.