Homunity is one of the pioneers of real estate crowdfunding in France. Founded in 2013 and later acquired by the Tikehau Capital group, it was long held up as a benchmark for reliability. Since 2022, the property development crisis has tightened conditions for every platform in the sector. Homunity is no exception, with rising delays and accumulating court proceedings.
Full transparency: I have personally invested in around ten Homunity projects. One of them was delayed by nearly a year before being repaid. It is not an isolated case on this platform, but it also reflects the reality of a market going through a difficult period. It does not mean you should not invest here; it means you need to know what you are doing.
This is our independent analysis, updated May 2026. CrowdPickr receives no compensation from Homunity.
Homunity was founded in 2013, before real estate crowdfunding had a dedicated regulatory framework in France. It was among the first platforms to structure participatory financing for property developers, well ahead of the start-up wave that followed from 2016 onwards.
The strategic turning point was its acquisition by Tikehau Capital, an alternative asset management group with over 50 billion euros in AUM. This institutional backing long reassured investors: a major house behind the platform, rigorous processes, solid financial footing. That trust fuelled Homunity's growth through 2022.
Since then, the context has shifted. The rapid rise in interest rates from 2022 hit the property development sector hard. Homunity, heavily exposed to this segment, took the full force of the crisis: extended sales timelines, developers under pressure, cascading delays. In 2024, the platform posted a net loss of 2.24 million euros (against just 12,500 euros the year before) and its fundraising volumes fell 66% between 2022 and 2025.
Homunity holds a PSFP licence from the AMF (reference FP-2023-31, granted 9 November 2023) and also operates as a registered CIF and COA, listed on ORIAS under number 16003112. Regulatorily, everything is in order.
At the time of our analysis, the late rate across Homunity's portfolio stood at 33.98% of invested amounts. That is high, and it would be dishonest not to say so. For comparison, La Première Brique shows around 10% in delays, and Anaxago, which operates across different segments, sits in a similar range. Homunity is clearly at the top of the market range on this metric.
Of 112 active projects at the time of analysis, 110 were in arrears. Of those, 80 are subject to court-supervised proceedings (safeguard, receivership or liquidation), representing around 12.4% of the total portfolio. These proceedings extend recovery timelines and can reduce the final capital returned, but they do not automatically mean a total loss for investors.
What changes the reading: the average real return on projects that have been repaid stands at 10.16%, in line with the announced ranges. Projects that ran smoothly delivered on their promises. The crisis is real, but it is concentrated on a cohort of projects financed in 2021-2022, when the whole sector was overfinancing developers who were later caught by the rate shock.
On a personal note, I have invested in around ten projects on the platform. One of them was delayed by nearly a year before being repaid. It was uncomfortable, but it was resolved. This experience illustrates the situation well: Homunity is not a platform that writes off investments, but it is one where patience is required, sometimes well beyond the contractual timeline.
To put Homunity in context:
| Platform | Quality score /25 | Late rate | Shareholder |
|---|---|---|---|
| Homunity | 17.0 | 33.98% | Tikehau Capital |
| La Première Brique | 18.5 | ~10% | Independent |
| Anaxago | 21.4 | N/A (equity + real estate) | Independent |
Homunity scores below the other platforms we have analysed on late rates, but its overall quality score (17/25) remains acceptable. Its regulatory compliance is perfect, and the strength of its institutional shareholder is a genuine safety net. These elements distinguish Homunity from the truly problematic platforms in the market.
Homunity focuses on two types of operations:
Advertised returns sit between 11% and 12% per annum, for terms of 21 to 24 months. Minimum investment tickets are generally set at 1,000 euros.
Like the majority of French real estate crowdfunding platforms, Homunity charges no direct fees to retail investors. Its revenue comes from arrangement and structuring fees billed to project sponsors. There is no secondary market: the investment is illiquid for the full duration of the project, a duration that may extend in the current environment.
We have scored five Homunity projects since our launch:
| Project | Type | Enriched score | Verdict | Status |
|---|---|---|---|---|
| Rising Stone, La Tarentaise | RE-PROM | 77/100 | Very strong | Open |
| Serenity | RE-PROM | 67/100 | Favourable | Open |
| BBFD Investment Saint-Cyr | RE-COM | 62/100 | Favourable | Open |
| Citadelle | RE-PROM | 67/100 | Recommended | Funded |
| Le Clos d'Arthélie | RE-PROM | 65/100 | Medium, caution | Funded |
The average enriched score is 67.6/100, in the "favourable" range at the individual project level. Our scores incorporate platform risk: a project rated 77 on Homunity would likely score 82-85 on a platform with a cleaner track record. The platform penalty is real, but it does not prevent good opportunities from being found.
Rising Stone illustrates what still exists on Homunity: a solid operator, a recent stock market listing on Euronext Growth (35.5 million euros raised in February 2026), seven projects repaid without incident on the platform. These profiles exist; you just need to take the time to identify them.
Homunity remains a valid option for investors who:
It is not suited to beginners looking for a simple platform to use without asking questions, nor to those who want to concentrate a large share of their savings in one place.
Homunity is not a platform to avoid. Its licence is impeccable, its institutional shareholder solid, and its real returns on repaid projects match the announced figures. The high late rate (33.98%) is a genuine risk factor that must be factored into your decision, but it primarily reflects a cohort of 2021-2022 projects caught in the property development crisis, a reality shared by several platforms in the sector. Investing on Homunity in 2026 is acceptable: provided you choose your projects carefully, keep your exposure limited, and accept that timelines may run well beyond the contractual terms.