Fundrise Real Estate Investment Trust
Early Stage
An expansive portfolio, calibrated for consistent growth
Overview
Platform
Fundrise
Start Date
06/25/2020
Close Date
12/08/2020
Min. Goal
$1,000
Max. Goal
$22,263,753
Min. Investment
$1,000
Security Type
Equity - Common
SEC Filing Type
RegA+
Price Per Share
$10.00
Year Founded
2015
Industry
Real Estate & Construction
Tech Sector
Proptech
Location
WASHINGTON, District of Columbia
Fundrise Real Estate Investment Trust is raising funds on Fundrise through Reg A+ crowdfunding. It is the world’s first online real estate investment trust formed to originate, invest in, and manage a portfolio of commercial real estate investments. Fundrise Real Estate Investment Trust also invests in real estate-related debt securities and other real estate-related assets. The company is managed by Fundrise Advisors and sponsored by the parent company, Rise Companies Corp. Benjamin S. Miller founded Fundrise Real Estate Investment Trust in May 2015. The current crowdfunding campaign has a maximum target of $22.3 million. The campaign proceeds will be used to invest in and manage a portfolio of commercial real estate loans, commercial real estate and other real estate-related assets.
Balance Sheet
|
Cash and Cash Equivalents |
$4,162,000 |
|
Accounts and Notes Receivable |
$124,281,000 |
|
Property, Plant and Equipment (PP&E) |
$0 |
| Total Assets |
$137,235,000 |
|
Accounts Payable & Accrued Liabilities |
$105,000 |
|
Long Term Debt |
$7,047,000 |
|
Total Liabilities |
$14,238,000 |
|
Total Stockholders' Equity |
$122,997,000 |
| Total Liabilities and Equity |
$137,235,000 |
Statement of Comprehensive Income Information
|
Total Revenues |
$9,521,000 |
|
Costs & Expenses Applicable to Rev |
$1,250,000 |
|
Depreciation and Amortization |
$0 |
| Net Income |
$8,271,000 |
|
Earnings Per Share - Basic |
$0.75 |
|
Earnings Per Share - Diluted |
$0.75 |
Auditor: RSM US LLP
Financials as of: 06/25/2020
Create a free account today to gain access to KingsCrowd analytics.
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Fundrise Real Estate Investment Trust | 07/02/2022 | Fundrise | - | - | Equity - Common | Funded | RegA+ |
| Fundrise Real Estate Investment Trust | 07/02/2021 | Fundrise | - | - | Equity - Common | Funded | RegA+ |
| Fundrise Real Estate Investment Trust | 12/08/2020 | Fundrise | - | - | Equity - Common | Funded | RegA+ |
| Fundrise Real Estate Investment Trust | 06/25/2020 | Fundrise | - | - | Equity - Common | Funded | RegA+ |
| Fundrise Real Estate Investment Trust | 01/28/2020 | Fundrise | - | - | Equity - Common | Funded | RegA+ |
| Fundrise Real Estate Investment Trust | 06/24/2019 | Fundrise | - | - | Equity - Common | Funded | RegA+ |
| Fundrise Real Estate Investment Trust | 02/28/2019 | Fundrise | - | - | Equity - Common | Funded | RegA+ |
| Fundrise Real Estate Investment Trust | 05/10/2018 | Fundrise | - | - | Equity - Common | Funded | RegA+ |
| Fundrise Real Estate Investment Trust | 11/24/2016 | Fundrise | - | - | Equity - Common | Funded | RegA+ |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.