Fundrise Real Estate Investment Trust
Early Stage
An expansive portfolio, calibrated for consistent growth
Overview
Platform
Fundrise
Start Date
07/02/2021
Close Date
Not Provided
Min. Goal
$1,000
Max. Goal
$39,656,273
Min. Investment
$1,000
Security Type
Equity - Common
SEC Filing Type
RegA+
Price Per Share
$10.04
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 $39.7 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 |
$47,820,000 |
|
Accounts and Notes Receivable |
$82,214,000 |
| Total Assets |
$149,567,000 |
|
Accounts Payable & Accrued Liabilities |
$88,000 |
|
Long Term Debt |
$211,000 |
|
Total Liabilities |
$7,957,000 |
|
Total Stockholders' Equity |
$141,610,000 |
| Total Liabilities and Equity |
$149,567,000 |
Statement of Comprehensive Income Information
|
Total Revenues |
$12,069,000 |
|
Costs & Expenses Applicable to Rev |
$2,846,000 |
| Net Income |
$9,176,000 |
|
Earnings Per Share - Basic |
$0.68 |
|
Earnings Per Share - Diluted |
$0.68 |
Auditor: RSM US LLP
Financials as of: 07/02/2021
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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+ |
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