View Offering Circular
. On December 31, 2016, Fundrise East Coast Opportunistic REIT, LLC (the “East Coast eREIT™”) declared a daily distribution of $0.0022602740 per share (which equates to approximately 8.25% on an annualized basis calculated at the current rate, assuming a $10.00 per share purchase price) for shareholders of record as of the close of business on each day of the period commencing on January 1, 2017 and ending on March 31, 2017.
The information presented represents the hypothetical net dividend earnings of a Fundrise investor who purchased $10,000 worth of the East Coast eREIT (1,000 shares at $10/share) that settled prior to March 1, 2017, and assumes that (i) the investor continues to hold such shares through December 31, 2017 and (ii) that the East Coast eREIT continues to declare daily dividends at the same rate through December 31, 2017, which the East Coast eREIT is under no obligation to do and future declared dividends may be significantly lower than projected. The calculations used here only account for dividends that may be issued by the East Coast eREIT and do not factor in any future changes in NAV. The dollar amounts are reported quarterly and are cumulative, but not compounded, over time. In addition, while the East Coast eREIT intends for all of its distributions to come from operating cash flow, there can be no guarantee that some or all of any future distributions will not be returns of capital.
While the East Coast eREIT intends to distributed dividends 4 times per year, there is no guarantee that the East Coast eREIT will continue to make distributions on such a regular basis, and may make distributions more or less frequently, at its discretion. The eREITs™ generally pay quarterly distributions that may consist of ordinary dividends, capital gains, or nondividend distributions. However, the tax characteristics of these distributions cannot be determined until after the end of the year since REITs do not designate the composition (e.g., ordinary dividends, capital gains, nondividend distributions, etc.) of their payments until such entity prepares its preliminary tax filings in the subsequent calendar year.
Past performance is not indicative of future results. Any historical performance of the East Coast eREIT may not reflect actual future performance and any investor in the East Coast eREIT may experience different results from those shown. An investment in the common shares of the East Coast eREIT involves substantial risks, including the potential of total or partial loss of investment to investors. Each investor should carefully consider the Risk Factors in addition to the other information contained in the Offering Circular
before purchasing shares. The risks and uncertainties discussed in the Offering Circular
are not the only ones the East Coast eREIT faces, but do represent those risks and uncertainties that we believe are most significant to its business, operating results, prospects and financial condition. Some statements in the Offering Circular
and on this website, including statements in the Risk Factors, constitute forward-looking statements. Please refer to the section of the Offering Circular
entitled “Statements Regarding Forward-Looking Information”.