This post highlights a couple of crowdfunded real estate funds available to everyone, not just the accredited investor. Both require a minimum of $500.
I have personally invested with both DiversyFund and Fundrise, the two that will be compared and contrasted today. Also, I have an affiliate relationship with both companies.
REITs purchase various types of real estate (residential, commercial, multi-family, etc.) Many REITs offer a diversity of these types of real estate in their funds.
Most REITs are publicly traded securities offered on stock exchanges via ETFs or mutual funds. The firms offering these REITs must register them with the Securities Exchange Commission (SEC).
In the past, private equity real estate funds have only been available to the wealthy. Individuals must be accredited investors to get into the typical fund.