Groundfloor Music
Royalties Portfolio
Own a Piece of Every Play.
2,000+ songs across 18 catalogues — featuring a stake in Mariah Carey’s “All I Want for Christmas Is You” and rights tied to works by Dr. Dre and Eminem.
Songs the world already knows, generating royalties with every play, everywhere.
$5k
Where Your Return Comes From.
Great music never stops earning. The 2,000+ songs in this portfolio generate royalties from streaming, radio, sync, and licensing, creating two sources of return: quarterly cash distributions while you hold and potential appreciation when the portfolio sells. That appreciation comes from acquiring master and publishing rights directly from rightsholders and selling seasoned, aggregated catalogues into the institutional securitization market.
The portfolio targets “right-sized” catalogues valued between $250,000 and $10 million, too large for most individual buyers and too small for institutions to acquire efficiently. Our industry partner has historically acquired these assets at 5.0–7.5x trailing-twelve-month revenue, while institutional buyers have paid approximately 10.0–15.0x for seasoned, aggregated portfolios. The opportunity isn’t picking hit songs. It’s executing between two inefficient markets.
Backed by an industry partner, this is the Groundfloor model at work: structuring new avenues for individual investors to access institutional opportunities that are highly vetted and diligently managed from acquisition through exit. It’s the same disciplined approach behind more than $2.2 billion invested across our platform since 2013.
12–15%
The Groundfloor Investor Team
- 12–15% target net IRR* with quarterly cash distributions from ongoing music royalty payments
- A diversified portfolio of 2,000+ songs across 18 music catalogues — no single song defines your outcome
- 7.0% preferred return sets your investment as a priority before Groundfloor earns any fees
- Fully managed — Groundfloor's Investments team handles every capital call, deadline, and distribution after you invest
- Simple 1099-INT tax reporting — no K-1, no partnership filings, no April delays
- Return drivers uncorrelated to the broader economy. People stream music in every market cycle
Two Paychecks. One Investment.
Quarterly royalty income.
The exit payout.
Within the 1–4 year hold, the aggregated catalogue is sold into the institutional securitization market — where seasoned, consolidated assets command 10.0–15.0x revenue. The sale returns your principal plus the appreciation captured in the pricing gap.
Exit Scenarios
STRATEGY A · THE BASE CASE
Aggregate + sell in 2027.
A high-multiple sale runs past the target.
Hold, keep collecting, sell by 2030.
Earn From Songs the World Already Knows.
Mariah Carey — "All I Want for Christmas Is You."
Works by Dr. Dre and Eminem.
2,000+ songs across 18 catalogues.
You Get Paid First.
Your capital comes back first.
Sale proceeds and cash flows return investor principal before anything else.
Then your 7.0% preferred return clears.
A 7.0% IRR priority on your investment paid before Groundfloor earns any fees.
Only then does Groundfloor participate.
Our economics sit behind yours. If the portfolio doesn't perform for you first, it doesn't pay us.
The Conversation Behind the Portfolio.
Buy at 5–7.5x.
Sell Into a Market That Pays 10–15x.
Music royalty pricing has two tiers, and the portfolio operates in the gap between them. Individual rightsholders selling mid-size catalogues have few buyers — so acquisitions price low. Institutional securitization funds need seasoned, aggregated assets at scale — so they pay a premium for exactly what this portfolio assembles.
Multiples reflect our industry partner’s acquisition history for right-sized catalogues versus institutional securitization market pricing. Exit pricing is not guaranteed.
Streamed on music platforms and the radio
Performed live by the artist
Downloaded or sold via physical copies
Used in film, TV, ads, and games
Portfolio Strategies.
Every element of the portfolio — what it buys, who it sells to, and when — is designed in advance. Two design principles, two exit strategies, all working toward the same outcome.
Seasoned cash flows.
Every element of the portfolio — what it buys, who it sells to, and when — is designed in advance. Two design principles, two exit strategies, all working toward the same outcome.
Well-lit paths to exit.
Aggregate + sell.
Cash flow + sell.
What Your Investment Could Return
Hypothetical illustration scaled from Groundfloor's $1M portfolio model — targets only, not guaranteed. Net of the 1% management and 20% performance fees, above a 7% preferred return. Exit multiple and timing are not assured; a soft exit can fall below the target range.
From Commitment to Exit — Managed End-to-End.
You invest once.
$5,000 minimum in a payment-dependent note issued by a Groundfloor SPV, backed by a pooled investment into Pier’s fund vehicle. It's hands-off from there.
The catalogue works.
Groundfloor's Investments team oversees your position while our industry partner runs the seasoned catalogue — 2,000+ songs across 18 catalogues, each acquired with 18+ months of performance history to age out early volatility.
You get paid quarterly.
Royalties from streaming, radio, sync, and licensing flow through as quarterly cash distributions. A 7.0% preferred return sets your investment as a priority before Groundfloor earns any fees.
The portfolio exits.
Within the 1–4 year hold, catalogues are sold into the multi-billion-dollar securitization market — where aggregated, seasoned assets command 10.0–15.0x revenue. Sale proceeds return your principal plus appreciation.
Vetted the Groundfloor Way.
Proven Where It Counts.
Groundfloor doesn’t enter asset classes we can’t rigorously evaluate. Leveraging our decade of underwriting history rooted in real estate credit, we’re collaborating with Pier Asset Management, a leading investment firm in niche private credit, to bring an unprecedented offering that is managed by domain experts to Groundfloor investors.
Headquartered in Los Angeles, the heart of the music industry, Pier has acquired music rights directly from artists, labels, producers, and managers since 2021, and continues to expand their presence in the industry with the launch of Mooring Music Group, a dedicated music rights financing firm, in 2024.
For rights-holders, Pier unlocks liquidity traditionally available only to major catalogues. For institutions, Pier delivers a consolidated pipeline of seasoned, market-ready assets they couldn’t assemble piecemeal. The portfolio sits exactly in the middle — and earns from both sides of that bridge. Royalties are collected primarily from the world’s largest streaming platforms, led by Spotify and Apple Music.
A clearer way to understand private markets.
Alts.co Reviewed Groundfloor. Here’s What Stood Out
May 13, 2026
Madelyn Doherty
May 13, 2026
Groundfloor Investment Insights Q2 2026
July 14, 2026
J. Robert Varghese
July 14, 2026
12+ Years of Putting Capital To Work
Groundfloor was the first company qualified by the SEC to offer direct real estate debt investments to all investors. The Music Royalties Portfolio extends the same model — building access to institutional assets for individual investors without compromising on quality and management.
Recognized by the Inc. 5000 six consecutive years and named Best Alternative Investment Platform at the 2025 Benzinga Global Fintech Awards. Past performance is not indicative of future results.
Underwritten With Eyes Wide Open.
Everything you need to evaluate the portfolio — the strategy, the catalogue, the economics, and the risks. If your question isn’t covered here, our Investor Success team is a message away.
The Groundfloor Music Royalties Portfolio I is an accredited-only investment unlocking credit exposure to a diversified music catalogue. You invest in a payment-dependent note backed by an investment into Pier’s institutional fund made by a Groundfloor SPV.
Two ways. First, ongoing income: every stream, download, radio spin, and sync license generates royalty payments to the rights owner, which flow through to investors as quarterly cash distributions. Second, appreciation at exit: the portfolio acquires catalogues at 5.0–7.5x trailing-twelve-month revenue directly from rightsholders, then sells aggregated, seasoned assets into the institutional securitization market, which pays 10.0–15.0x — a pricing gap that drives the target return.
No, it is deliberately the opposite. The portfolio only acquires catalogues with 18+ months of performance history, and every royalty stream is modeled against a decay curve that assumes popularity declines. The return driver is the measurable pricing gap between two markets, not a prediction about what people will listen to next. Songs that outperform the decay model are upside.
The catalogue is run by Pier Asset Management, a Los Angeles-based investment firm founded in 2017, specializing in niche asset-backed credit with more than $900 million deployed. Pier has acquired master and publishing rights directly from artists, labels, producers, and managers since 2021, and in 2024 established Mooring Music Group as a dedicated spin-out running the music royalties business. Groundfloor independently vetted the partner and the strategy, and investors participate through the Groundfloor-managed Groundfloor Mooring SPV I LLC.
The portfolio targets a 12–15% net IRR* over an expected 1–4 year hold, with quarterly cash distributions from ongoing royalty payments. These are targets only and are not guaranteed. The target return is net of a 1% annual management fee and a 20% performance fee above a 7.0% preferred return, meaning investors receive distributions up to the preferred return before Groundfloor earns any performance fees. The minimum investment is $5,000 in $1,000 units for accredited investors under Regulation D, with straightforward 1099-INT tax reporting. The offering is hard-capped at $1 million and open through August 31, 2026, or until fully subscribed. Because the final exit price is determined at sale, a stronger institutional market could produce returns above the target range, while a softer market may result in the portfolio continuing to hold and distribute royalties within the expected 1–4 year investment period.
Fully managed, end to end. Groundfloor’s Investments team handles every capital call, deadline, and distribution after you invest — you commit once and receive quarterly distributions. Our industry partner manages the underlying catalogue day to day: acquisitions, royalty administration, and the eventual sale into the securitization market, with Groundfloor overseeing the position throughout.
Two pre-designed paths. Strategy A (Aggregate + Sell): once capital is deployed, the initial exit assessment targets early-to-mid 2027 — an off-take to larger institutional funds and a roughly 12–18 month hold for Groundfloor investors; the medium modeled case at a 12-month hold lands in the 12–15% target range, and a high-multiple sale models well above it. Strategy B (Cash Flow + Sell): if the 2027 assessment favors waiting, a later exit may be pursued for higher multiples by 2030, with modest back-leverage (below 50% LTV) augmenting quarterly cash flows in the meantime. Either way, you receive quarterly distributions until the exit and the exit proceeds after.
Returns are not guaranteed and you may lose principal. Royalty income can decline faster than the decay model projects, exit pricing into the securitization market is not assured, and SPV interests are illiquid — you should expect to hold through the full term. Diversification across 2,000+ songs and 18 catalogues reduces the impact of any single asset underperforming, but it does not eliminate risk. Review the full offering documents before investing.
Royalty income has historically remained stable across market environments. For investors whose private market exposure is concentrated in real assets, music royalties add an income stream with genuinely different return drivers.
The catalogue is earning now. The window to invest is short.
12–15%
Target net IRR*
Accredited
Investors only
$1M Cap
Accredited – Reg D
Offering closes
*The 12–15% net IRR is a target only and is not a guarantee of future results. Investing involves risk, including possible loss of principal. Distributions depend on underlying royalty payments and are not guaranteed in timing or amount. Exit values depend on future sale of catalogue assets and are not assured. References to potential outcomes above the target range describe exit-price sensitivity only and are not projections or guarantees. Modeled exit outcomes (including the 18-Month Exit Outlook table) are hypothetical scenarios by sale multiple and hold duration; actual sale multiples, timing, and returns will vary, and low-case outcomes fall below the target range. Exit Strategy B contemplates modest portfolio-level leverage (below 50% loan-to-value), which can amplify both returns and losses. Exit assessment timing (2027) and outside exit date (2030) are current expectations, not commitments. Available exclusively through Groundfloor to U.S. accredited investors under Regulation D. Offering window: August 3, 2026 – August 31, 2026, or earlier when fully subscribed. Hard cap of $1,000,000 in total commitments. Minimum investment $5,000, in $1,000 units. The Groundfloor Music Royalties Portfolio I is held in Groundfloor Mooring SPV I LLC. The 7.0% preferred return is a distribution priority, not a guaranteed return. Featured musical works illustrate current portfolio holdings, are subject to change, and do not imply endorsement by any artist. SPV interests are not transferable and there is no interim redemption; investors should expect to hold through the full term. This is a summary of selected terms — investors should review the full Offering Documents Documents (PPM, Subscription Agreement, and SPV operating agreement) before committing. Not an offer of securities. Past performance is not a guarantee of future results. Industry growth projections reflect Goldman Sachs global music revenue forecasts (2025) and RIAA/CISAC industry reporting; third-party projections are not guarantees.
*Streaming figure reflects the average Spotify streams of the three lead tracks — “Never Love Again,” “Lock It Up,” and “Little Engine” — from Eminem’s Music to Be Murdered By, on which the portfolio holds producer-share rights, as reported by Pier Asset Management. Streaming counts are as of the acquisition date, change over time, and are not indicative of future royalty performance.
The Groundfloor Music Royalties Portfolio I is offered exclusively to U.S. accredited investors under Regulation D and held in Groundfloor Mooring SPV I LLC. Interests are illiquid and involve risk of loss. Past performance is not indicative of future results.
