Investment Reports

  • New Asset: $6M Preferred Equity Investment

    Your portfolio has added a preferred equity investment in the construction of a 312-unit Class A multifamily property in Indian Land, South Carolina. The investment features a relatively conservative loan-to-cost (LTC) of approximately 76.8%, aggregate with the senior loan. The sponsor, TWO Capital Partners, and its affiliates will provide equity of roughly $11.76 million, and construction costs are anticipated to total just under $51 million.


    Oct 19, 2017
  • Q3 Supplemental Income Performance Update

    Investors who were fully allocated to the Supplemental Income goal this quarter earned an approximate 8.23% annualized dividend yield. This is more than 400 basis points above the approximate 4.15% dividend yield for the FTSE NAREIT Composite REIT Index for the third quarter of 2017.


    Oct 9, 2017
  • Q3 Balanced Investing Performance Update

    Investors who were fully allocated to the Balanced Investing goal this quarter earned an approximate 6.18% annualized dividend yield. This is more than 200 basis points above the approximate 4.15% dividend yield for the FTSE NAREIT Composite REIT Index for the third quarter of 2017.


    Oct 9, 2017
  • Q3 Growth Performance Update

    Investors who were fully allocated to the Long-Term Growth goal this quarter earned an approximate 5.45% annualized dividend yield. This is more than 100 basis points above the approximate 4.15% dividend yield for the FTSE NAREIT Composite REIT Index for the third quarter of 2017. Moreover, by investing with long-term growth in mind, you have laid the groundwork to realize potentially higher returns through share price appreciation at the end of the term of your investment.


    Oct 9, 2017
  • Q3 Starter Portfolio Performance Update

    Investors who were fully allocated to the Starter Portfolio this quarter earned an approximate 9.25% annualized dividend yield. This is more than 500 basis points above the approximate 4.15% dividend yield for the FTSE NAREIT Composite REIT Index for the third quarter of 2017.


    Oct 9, 2017
  • Asset Addition: $4M Equity Investment in Wilmington, DE

    Your portfolio has acquired a preferred equity investment in the Brandywine Hundred Apartments in Wilmington, Delaware. The approximate $4,000,000 investment was used to acquire the stabilized 301-unit mid-rise apartment property. The sponsor plans to invest approximately $400K to perform common area and unit improvements, as well as fund additional soft and financing costs of approximately $1.6M. Renovations have already been completed on 49 of the 301 units, which have commanded an average monthly premium of $155 per unit.


    Oct 5, 2017
  • Asset Addition: $4.4M JV Equity Investment

    Your portfolio has added an approximate $4,434,622 JV equity investment in the Cedars of San Marcos, a 168-unit garden-style apartment building in San Marcos, Texas. Fundrise has partnered with RailField Partners to acquire this stabilized multifamily property for approximately $15,450,000. The sponsor plans to invest roughly $1.5M to perform common area and unit improvements, as well as additional soft costs and financing costs of approximately $720K.


    Sep 21, 2017
  • Value-Added: Renovations Support High Occupancy, Boost Rents

    Interior renovations are complete on all 296 units at the Enclave at Lake Ellenor, one of the equity investments within your portfolio. Renovations on this multifamily apartment building in Orlando, Florida have progressed ahead of schedule. Completion of exterior renovations is expected by the end of the year. 

    So far, residents have been pleased with both in-unit and common area renovations as exemplified by the fact that average renewal rents are roughly $80 higher than last year.


    Sep 7, 2017
  • New Asset: LA Single Family Rental Home

    The diversification of your portfolio has increased through the direct acquisition of a two-bedroom, one-bathroom home located in South Los Angeles, California. The 1,446 SF home was purchased for approximately $486,358, with anticipated additional hard costs of approximately $4,000. After completion of the planned renovations, we aim to rent the home for three to five years, and then sell the property. 


    Aug 10, 2017
  • Asset Update: DC Luxury Mixed-Use Recapitalization 96%+ Leased

    We are excited to announce that Elysium Fourteen—the luxury apartment building in the heart of the District’s historic U Street Corridor—is now fully stabilized, with more than 96% of its residential units leased to tenants.

    Elysium Fourteen is LEED certified and was built using eco-friendly construction. The property offers a range of studio, one-bedroom, and two-bedroom units featuring high-quality finishes, and balconies for many of the floorplans. Amenities at the pet-friendly property include a VIP lounge, outdoor terraces with grills, and bicycle storage.

    We believe the prime location has helped drive rentals to date, and will continue to support strong demand. The property is a stone’s throw from the U Street metro station, Trader Joe’s, and a plethora of bars, clubs, and renowned restaurants. 

    Elysium Fourteen is commanding impressive rents well in excess of our baseline projections. As of July, the average market-rate rent at the property was roughly $4.16/SF—more than 10% above the baseline pro forma rent of $3.76/SF on which the investment was underwritten.

    Demographics should continue to bolster demand and support high rents for these luxury apartments. The census tract in which Elysium Fourteen is located boasts a median household income of nearly $150,000 according to the U.S. Census American Community Survey (ACS). This represents a 52% increase from 2010.


    Aug 4, 2017
  • Asset Acquired: $3M Loan in San Diego, CA

    Your portfolio has added a senior secured construction loan in the Carlsbad submarket of San Diego, California. The approximate $3,050,000 investment was used to acquire a 31,823 SF site, where the borrower, New Pointe Communities, intends to build five single family homes. The property has already received its final tract map and is approved for construction. New Pointe Communities anticipates breaking ground on the project this summer.


    Jul 25, 2017
  • Asset Addition: First Direct Acquisition of LA Single Family Home

    Your portfolio has been diversified through the direct acquisition of La Vista, a 697 SF home located near Paramount Pictures in Los Angeles. This is the first direct acquisition of a single family home added to your portfolio. The two-bedroom, one-bathroom house was purchased for approximately $404,625. Renovations on the property are anticipated to cost $142,655. After completion of the renovations, we aim to sell the house for a profit.


    Jul 19, 2017
  • New Asset: $3.125M Loan in Los Angeles, CA

    Your portfolio now includes an approximate $3,125,000 senior secured loan, which will go toward the acquisition of a 28,680 sq ft site in the Highland Park submarket of Los Angeles. The property has already received the necessary entitlements for the construction of 20 small lot homes on the site. The borrower plans to progress design and construction documents, and take the property through the necessary construction permitting. Once the permits are ready to issue, the borrower plans to either sell the land to a developer, or start construction on the units.


    Jul 6, 2017
  • Asset Addition: $10M Senior Secured Construction Loan

    Your portfolio has acquired a $10,000,000 senior secured construction loan in the Hollywood neighborhood of Los Angeles, California. The loan will be used to acquire a 26,037 sq ft site that has already been approved for the development of eleven small lot homes. The borrower, Index Real Estate Investments, plans to demolish the existing homes on the property to clear the land for construction.


    Jun 19, 2017
  • New Asset: $2.1M Acquisition Loan in Los Angeles, CA

    Your portfolio has gained a senior secured acquisition loan in Los Angeles, California. The $2,175,000 investment will go toward the acquisition of a 26,765 sq ft site in Northeast LA's Glassell Park neighborhood. The borrower plans to entitle the land to build fifteen Small Lot homes, progress design and construction documents, and file the construction documents with the city for building permits.


    May 31, 2017
  • New Asset: $8.5M JV Equity Investment

    Your portfolio has added an $8,506,500 JV equity investment in the Pavilion Crossings Apartments in Charlotte, North Carolina. Fundrise has partnered with the Sponsor, Robbins Electra Management, to acquire the fully stabilized 408-unit garden-style multifamily apartment building. The Sponsor plans to invest roughly $3.7M to perform common area improvements throughout the property.


    May 23, 2017
  • Your Income eREIT Performance Analysis

    In Q1 2017, you earned a 10.5% annualized dividend on your Income eREIT investment – well above the 4.25% annualized dividend declared by the NAREIT Composite REIT Index.

    To give you a look inside how we achieved these returns, I wanted to share with you our in-depth Income eREIT Performance Analysis Report.

    Inside you'll find details on how the Income eREIT has executed on its strategy to date, as well as projections on future performance.

                                                                                            Download Here


    May 11, 2017
  • Asset Addition: $2.5M Investment in Tempe, AZ

    Your portfolio diversification has increased with the addition of a $2.5M preferred equity investment in Studio 710, a fully stabilized 239-unit multifamily property in Tempe, Arizona. The property consists of twelve residential buildings with a mix of studio and one-bedroom units.


    May 10, 2017
  • Asset Addition: $1.72M Investment in Los Angeles, CA

    Your portfolio now includes a $1.72M senior secured acquisition loan in Los Angeles, California. Your overall diversification has increased through this asset addition. The loan is on a 10,431 sq ft site in the Larchmont Village submarket in Central LA. The property has already received zoning approval for the construction of eight small lot homes on the site.

    May 4, 2017
  • New Asset: $6.5M JV Equity Investment Added

    Your portfolio has gained an approximate $6.5M JV equity investment in Haven Columbia Pike, a 118-unit low-rise multifamily property in Arlington, Virginia. This asset addition means that you’ve increased your overall diversification. Fundrise has partnered with the Sponsor, Insight Property Group, to acquire the fully stabilized multifamily apartment property. The Sponsor plans to invest roughly $700,000 to perform light common area improvements throughout the property.


    Apr 20, 2017
  • New Asset: $3.18M Preferred Equity Investment Added to your Portfolio

    Your portfolio has gained a $3.18M preferred equity investment in a fully stabilized 208-unit multifamily property in Ann Arbor, Michigan. This asset addition means that you’ve increased your overall diversification. The approximate $3,175,000 loan will go toward the acquisition of the Harbor House property. This 201,172 sq ft property consists of two- and three-story garden style apartment units.


    Apr 19, 2017
  • Asset Addition: $2.1M Loan Added to your Portfolio

    Your portfolio has been diversified through the addition of a $2.1M senior land loan in Los Angeles, California. The loan is secured by an 18,266 sq ft property located between the neighborhoods of Hollywood and Koreatown in central LA. The Borrower received zoning approval for the construction of 11 homes on the property.


    Apr 11, 2017
  • Strong Performance Update: Mandarin Renovations Boost Rents

    Renovations are nearly 75% complete at the Reserve at Mandarin, one of the JV equity investments in your portfolio. The Reserve at Mandarin is a stabilized 520-unit multifamily apartment building located in Jacksonville, Florida that follows our “buy, fix, and cash-flow” strategy.


    Apr 10, 2017
  • Your Quarterly Payment: Approx. 8% Annualized

    We are pleased to announce that the West Coast eREIT will be paying a quarterly dividend of approximately 8% annualized.  In comparison, the FTSE NAREIT US Real Estate Index Series on REIT.com shows the average annualized dividend yield of all REITs in January and February was just 4.17% annualized.

    You can expect to receive your distribution in mid-April and will be notified via email.


    Mar 24, 2017
  • Your Quarterly Payment: Approx. 8.25% Annualized

    We are pleased to announce that the Heartland eREIT will be paying a quarterly dividend of approximately 8.25% annualized. In comparison, the FTSE NAREIT US Real Estate Index Series on REIT.com shows the average annualized dividend yield of all REITs in January and February was just 4.17% annualized.


    You can expect to receive your distribution in mid-April and will be notified via email.


    Mar 24, 2017
  • Your Quarterly Payment: Approx. 8.25% Annualized

    We are pleased to announce that the East Coast eREIT will be paying a quarterly dividend of approximately 8.25% annualized. In comparison, the FTSE NAREIT US Real Estate Index Series on REIT.com shows the average annualized dividend yield of all REITs in January and February was just 4.17% annualized.


    You can expect to receive your distribution in mid-April and will be notified via email.


    Mar 24, 2017
  • Your Quarterly Payment: Approx. 10.5% Annualized

    We are pleased to announce that the Income eREIT will be paying a quarterly dividend of approximately 10.5% annualized. In comparison, the FTSE NAREIT US Real Estate Index Series on REIT.com shows the average annualized dividend yield of all REITs in January and February was just 4.17% annualized.


    You can expect to receive your distribution in mid-April and will be notified via email.

    Mar 24, 2017
  • Value Created: Beacon Pointe Unit Renovations Complete

    The Growth eREIT™ has a simple buy-and-hold strategy focused on value investing in low to moderate cost housing where demand exceeds supply. Our preference has been to buy properties where units are subsequently fixed-up through renovations in order to boost cash flow. We believe this strategy has positioned the Growth eREIT™ to earn an attractive risk-adjusted base return with the potential for a significant upside return depending on future events.

    Mar 1, 2017
  • New Asset: Income eREIT™ adds investment in Los Angeles, CA

    Your portfolio now includes a $2.46M senior loan in Los Angeles, CA. The loan is on a 24,211 SF property located in North Hollywood, CA. The Borrower plans to obtain approval for the development of approximately 20 single family homes.

    Mar 1, 2017
  • New Asset: West Coast eREIT™ adds investment in Seattle, WA

    The West Coast eREIT™ has acquired a roughly $1,300,000 preferred equity investment in Craft Apartments, a 32-unit mixed-use mid-rise apartment building in Seattle, WA. The acquisition puts the West Coast eREIT™ another step closer to full allocation, which means that you’ve increased your overall diversification.

    Mar 1, 2017
  • New Asset: Heartland eREIT™ adds $7M investment

    The Heartland eREIT™ has acquired a roughly $7M investment in a Class A apartment development in San Antonio, TX. The acquisition puts the Heartland eREIT™ another step closer to full allocation, which means that you’ve increased your overall diversification. The $7,025,000 preferred equity investment will go towards the construction of a 278-unit Class A multifamily property on the 17.4 acre site in Westover Hills in San Antonio, TX.

    Mar 1, 2017
  • Income eREIT™ Update: Atlanta Retail Conversion Paid Off

    We are pleased to report that one of the Income eREIT™’s early investments, a value-add industrial-to-retail conversion in Atlanta, has successfully been paid back in full. The Income eREIT™ held both the senior and mid-level tranche positions in the deal, having invested an aggregate of roughly $3.5 million in the form of a senior loan and preferred equity investment.

    Feb 15, 2017
  • Your Growth eREIT™ Performance Analysis

    As the Growth eREIT™ completes its first year of operation, we wanted to share with you our in-depth Performance Analysis Report. 

    Based on the current performance of its assets, the Growth eREIT™'s conservative projected return going forward includes an approximately 8% annualized dividend and a 1.9x to 2.3x equity multiple over its anticipated term.

    This report includes detail on the Growth eREIT™’s execution on its strategy to date, as well as projections on future performance based on the portfolio’s current assets and market conditions.

    We hope you find this report to be an informative tool in helping to assess your investment.

    You can download the report here


    Jan 20, 2017
  • New West Coast eREIT™ Investment in Los Angeles, CA Added
    Jan 17, 2017
  • Growth eREIT™ 41-Unit Multifamily Acquisition Paid Off

    We are pleased to announce that the 41-Unit Multifamily Acquisition, a Preferred Equity investment in Denver, Colorado, has successfully been paid back in full. 

    As a reminder, this is just one of many investments made by the Growth eREIT™ to date. As a shareholder, you remain diversified across all other assets in the Growth eREIT™.

    We expect to use the proceeds from this payoff to make new investments.

    Jan 12, 2017
  • New East Coast eREIT™ Investment in Orlando, FL Added

    The East Coast eREIT™ has partnered with Robbins Electra Management (REM) to acquire the Enclave at Lake Ellenor, a fully stabilized 296-unit garden-style multifamily property located in Orlando, FL, for a purchase price of $26,200,000. The purchase was financed with a 10-year senior loan from Fannie Mae.

    The Sponsor, REM, is an experienced owner and operator of multifamily properties throughout the Southeastern region of the United States. REM has acquired a portfolio of over 51 communities totaling more than 15,000 units. They plan to invest roughly $2.2M to upgrade both the common areas and individual apartment units. The property features 31 two-story residential buildings. Common amenities include a clubhouse, outdoor pool, BBQ area, exercise room, clubhouse/office, and playground.

    Here's a direct link to more information on the asset.

    For more information on featured investments, please see the “Featured Assets” section of the offering page.

    As an East Coast eREIT™ shareholder, you are automatically invested in all investments made by the East Coast eREIT™.


    Jan 3, 2017
  • New Heartland eREIT™ Investment in Colorado Springs, CO

    The Heartland eREIT™ has acquired a new asset, a preferred equity investment in a fully stabilized 147-unit garden-style multifamily property in Colorado Springs, CO. The Sponsor, Vukota Capital Management, LLC, is an experienced Denver-based real estate investment firm specializing in multifamily acquisitions. Vukota Capital looks to acquire opportunistic value-add properties in niche sectors that exhibit strong demographic trends and historical resistance to economic downturns.

    The Aviator Property is located in the Colorado Springs Metropolitan Statistical Area (MSA), within the Rustic Hills submarket. Both the MSA and submarket are benefitting from strong job growth in the area. Colorado Springs recently produced the strongest job growth numbers the city has seen since 2000, with approximately 7,400 jobs added in 2015. With a 3.2% job growth rate, Colorado Springs is above the state and national average. This, combined with a relatively small 2016-2017 construction pipeline, is likely to support continued rent growth in the area.

    Here's a direct link to more information on the asset.

    For more information on featured investments, please see the “Featured Assets” section of the offering page.

    As a shareholder, you are automatically invested in all investments made by the Heartland eREIT™.


    Jan 3, 2017
  • Growth eREIT™ Fully Subscribed, 7 Current Investments

    We are pleased to report that the Growth eREIT™ is fully subscribed, completing its $50M public offering, and is now on track to close out a solid first year of operations. 2016 marked the completion of its “ramp-up”, which involved raising capital from investors and deploying that capital into new investments through the acquisition of real estate assets.

    To date, the Growth eREIT™ has:

    • Made seven unique investments in markets such as Denver, Jacksonville, and the DC metro area

    • Invested with four different sponsors with over $1BN in collective experience

    • Purchased several apartment buildings with over 1,400 units and secured attractive long-term financing

    Our strong belief in the supply-demand dynamics of multifamily investments throughout the United States has further driven the Growth REIT’s™ intensive focus on this asset class.

    Dec 21, 2016
  • Income eREIT™ Fully Subscribed, Approx. 11.25% Q4 Ann. Dividend

    We are happy to announce that the Income eREIT™ has raised its full $50M and is on track to close out a solid first calendar year of operations. 2016 marked the completion of “ramp-up”, which involved raising capital from investors and deploying that capital to acquire new assets.

    To date, the Income eREIT™ has:

    • Made seventeen investments

    • Invested with fourteen different sponsors across the country

    • Funded properties in all phases of operations, from ground-up construction, to value-add opportunities, to cash-flowing stabilized property acquisitions

    • Invested across several asset types, including retail, office, hospitality and multifamily

    We believe the Income eREIT’s™ core strategy of targeting small assets in core urban infill markets has helped drive robust performance to date.

    Dec 21, 2016
  • East Coast eREIT™ Ramp Up Underway: Two Current Investments

    The East Coast eREIT™ has made its first two investments in Atlanta and Orlando, acquiring two multifamily properties with over 600 combined units. We anticipate that it will acquire several additional properties in the coming months as part of the ramp up period. These preliminary investments are well in line with its strategy of investing in cities with attractive supply-demand dynamics, specifically in the Class B multifamily space.

    The East Coast eREIT™ is focused on sourcing attractive debt and equity investment opportunities throughout the East Coast in areas with robust job and population growth. To read more about the investment strategy, please see the following link here to a recent update.

    Dec 21, 2016
  • Heartland eREIT™ Ramp Up Underway: Two Current Investments

    While the Heartland eREIT™ is in the early phases of ramp up, it has already made its first two investments: one in the ground-up construction of an apartment complex near Austin, Texas and the other in a stabilized apartment building in Colorado Springs, Colorado. These are just two of many investments the Heartland eREIT™ expects to make.

    As a reminder, the Heartland eREIT™ is focused on finding attractive debt and equity investment opportunities in several cities throughout the middle of the United States, particularly Denver and Austin, which are experiencing strong population and job growth. To read more about the investment strategy, please see the following link to a recent update.

    Dec 21, 2016
  • West Coast eREIT™ Ramp Up Underway: Four Loans Acquired

    The West Coast eREIT™ has had a strong start after acquiring its first four assets from two different sponsors in the past month. These investments intend to capitalize on the constrained supply and increasing demand for housing in the Los Angeles market. All four investments are loans yielding from approximately 9%-11%. Comparatively, we believe these are very attractive fixed rates of return for today’s low interest rate environment. The Q4 2016 PwC Real Estate Investor Survey reported the average yield on commercial real estate loans 2016 was approximately 3.9%.

    Millennial-driven demographic changes and highly innovative economic centers have positioned the Pacific Northwest as one of the country’s sustainable growth engines. The West Coast eREIT™ is focused on capitalizing on this trend to find attractive debt and equity investment opportunities across the West Coast, particularly in Los Angeles and Seattle. To read more about our investment strategy, please see the following link to a recent update.

    Dec 21, 2016
  • New West Coast eREIT™ Investment in Los Angeles, CA Added

    The West Coast eREIT™ has acquired a senior secured land loan that will be used for the acquisition of an 11,324 SF site in the Central LA neighborhood of Echo Park. The Borrower recently received zoning approval for the construction of 7 Small Lot Homes on the property. They intend to update the construction drawings from the previous owners to accommodate the homes to be built on the site. The Borrower then plans to repay the senior loan by securing new construction financing once the project is shovel-ready.

    The developer, Ark Douglas LLC, is the homebuilding division of LOF Partners, a Los Angeles-based investment group whose principals have a combined 50 years of real estate experience in acquiring, developing and managing residential, retail and creative office properties throughout Southern California.

    More detail on the investment can be found here

    For more information on featured investments, please see the “Featured Assets” section of the offering page.

    As a West Coast eREIT™ shareholder, you are automatically invested in all investments made by the West Coast eREIT™.


    Dec 11, 2016
  • New Growth eREIT™ Investment in Woodbridge, VA

    The Growth eREIT™ has partnered with the Sponsor, Insight Property Group, to acquire Lancaster Mill, a fully stabilized, 138-unit low-rise multifamily apartment property located in Woodbridge, VA, for a purchase price of $20,150,000. The Sponsor plans to invest approximately $2.4M to complete the renovation of approximately 75% of the units, common areas, and funding of deferred maintenance items. The Sponsor believes these renovations will result in higher rents per unit and increase the property value by approximately 15% over the next 7 years.

    The Sponsor is an experienced Washington, DC based owner and developer of mixed-use and multifamily properties in the Mid-Atlantic region. Its founders have acquired and/or developed in excess of 15,000 apartments over their careers.

    This is just one of the many assets that the Growth eREIT™ has acquired to date. As a shareholder you are automatically diversified across all investments made by the Growth eREIT™.

    Here's a direct link to more information on the newest asset: Click here

    For more information on featured investments, please see the “Featured Assets” section of the offering page.


    Dec 5, 2016
  • New East Coast eREIT™ Investment in Atlanta, GA Added

    We're pleased to announce that the East Coast eREIT™ has acquired its first asset, a preferred equity investment in a 350-unit multifamily property located in Atlanta, GA. The Sponsor intends to spend roughly $700,000 to upgrade the units and common areas in order to increase the rents and raise the value of the property. As of October 2016, the rent roll of the units reflected a current occupancy rate of approximately 96%.

    The property is located in the Atlanta metropolitan statistical area (MSA) within the South Fulton submarket. Both the MSA and submarket are benefitting from strong job growth in the region. Atlanta has experienced approximately 2% annual population growth since 2000. Similarly, South Fulton saw population growth around 2.1% between 2010 and 2016, and expects to see 1.7% between 2016 and 2020.

    Here's a direct link to more information on the first asset.

    For more information on featured investments, please see the “Featured Assets” section of the offering page.

    As an East Coast eREIT™ shareholder, you are automatically invested in all investments made by the East Coast eREIT™.


    Dec 5, 2016
  • New Heartland eREIT™ Investment Near Austin, TX

    We're happy to report that the Heartland eREIT™ has acquired its first asset, a preferred equity investment in the ground-up construction of a 324-unit Class A multifamily property in a suburb of Austin, TX. As of November 2016, the beginning stages of construction are underway and initial site preparation work has begun. 

    The project amenities are planned to include a resort-style pool with poolside grills/cabanas, a dog park, business center with conference room, clubroom, and fitness facility. The apartment units are expected to include balconies, walk-in closets, a pantry, garden tubs, and in-unit washer dryers among other amenities.

    The property is within a 10-15 minute drive of the “Silicon Hills” area of Austin. Silicon Hills is home to the corporate campuses of 48 of the top 100 technology companies in the US, including Dell, IBM, Apple, Samsung, Cisco, and Hewlett-Packard.

    Here's a direct link to more information on the first asset

    For more information on featured investments, please see the “Featured Assets” section of the offering page.

    As a shareholder, you are automatically invested in all investments made by the Heartland eREIT™.



    Nov 28, 2016
  • New Income eREIT™ Investment in Los Angeles, CA Added

    The Income eREIT™ has acquired a senior secured land loan that will be used for the acquisition of a 18,204 SF site in East LA’s Silver Lake neighborhood. The loan is secured by the property with full recourse guarantees from the Borrower’s principals.

    The Borrower recently received zoning approval for the construction of 13 Small Lot Homes on the property. They intend to fully design the proposed new home development and seek construction permitting during the term of the loan. The Borrower then plans to repay the senior loan by securing new construction financing or selling the property.

    Here's a direct link to more information on the newest asset: Click here

    This is just one of the many assets that the Income eREIT™ has purchased to date. As an Income eREIT™ shareholder you are automatically invested in all investments made by the Income eREIT™.

    For more information on featured investments, please see the "Featured Assets" section of the offering page. 



    Nov 28, 2016
  • New Growth eREIT™ Investment in Richland, WA Added

    We are pleased to announce that the Growth eREIT™ has partnered with Peak Capital Partners, the Sponsor, to acquire the Villas at Meadow Springs, a fully stabilized 286-unit garden-style multifamily property located in Richland, WA. The Sponsor plans to invest roughly $572,000 to perform light common area improvements throughout the property. Common amenities include a clubhouse, outdoor pool and spa, BBQ area, exercise room, business center, and theater room.

    This is just one of the many assets that the Growth eREIT™ has acquired to date. As a shareholder you are automatically diversified across all investments made by the Growth eREIT™.

    For more information on featured investments, please see the “Featured Assets” section of the offering page.

    Here's a direct link to more information on the newest asset: Click here


    Nov 16, 2016
  • New Income eREIT™ Investment in Washington, DC Added

    The Income eREIT™ has acquired a preferred equity investment in the Elysium Fourteen, a 56-unit luxury apartment building in DC's coveted U Street Corridor. The project is planned to include 12,712 square feet of retail space in addition to apartments. The sponsor, Madison Investments, is a family owned and operated real estate development firm focused on renovation and ground-up development in Washington, DC. They have over 25 years of experience in the industry.

    This is just one of the many assets that the Income eREIT™ has purchased to date. As an Income eREIT™ shareholder you are automatically invested in all investments made by the Income eREIT™. 

    For more information on featured investments, please see the “Featured Assets” section of the offering page.

    Here's a direct link to more information on the newest asset: Click here


    Nov 16, 2016
  • New West Coast eREIT™ Investment in San Pedro, CA Added

    We are excited to report that the West Coast eREIT™ has acquired its first asset – a senior loan for a 26K square foot site slated for the development of 22 new homes in San Pedro, CA. The property is centrally located within the well-established San Pedro neighborhood of Los Angeles, and is walking distance from the San Pedro Marina.

    Here's a direct link to more information on the first asset.

    For more information on featured investments, please see the “Featured Assets” section of the offering page.

    As a West Coast eREIT™ shareholder, you are automatically invested in all investments made by the West Coast eREIT™.


    Nov 16, 2016
  • East Coast eREIT™ Strategy

    The eastern region of the United States has a number of markets we feel hold real potential for great investments. We believe cities like Orlando and Atlanta provide strong investment opportunities given their current supply and demand dynamics.  

    These cities fit much our investment criteria, including:

    • Robust job growth
    • Growing populations
    • Attractive supply/demand conditions 

    High demand and constrained supply means prices are pushed higher, which may benefit investors. According to the U.S. Census Bureau, Orlando was one of the fastest growing metropolitan areas in 2015, and we continue to believe in its growth potential. As the financial hub of the south, Atlanta similarly has demonstrated strong demographic and economic fundamentals, driving average employment growth in Georgia to levels significantly higher than the US as a whole.  

    Both cities are demonstrating rent growth, which is good for multifamily investments, fueling our interest in this asset class. Similar trends can be seen across the US, making our investment criteria consistent within our West Coast, East Coast and Heartland eREITs™.

    As we “ramp up” our investments in the coming months and build out our East Coast portfolio, you will begin to receive updates with new asset additions and further information. 

     

    Nov 11, 2016
  • Heartland eREIT™ Strategy

    The middle of the United States has a number of markets we believe provide valuable investment potential. The Heartland eREIT™ aims to look at supply and demand trends across the middle of the US to help identify acquisition targets. Several cities in the Heartland region show promise as we build out our investment pipeline. In particular, we like Denver and Austin. 

    We like these cities because they have:

    • Robust job growth
    • Young, growing populations
    • Housing supply constraints 

    With demand for housing stoked by demographic trends and supply constrained by economic forces, we believe that multifamily rental units in markets like Austin and Denver are well positioned to see continued low vacancies and healthy rent growth. We hope to capitalize on these trends as we work to identify strong investment opportunities. Similar trends can be seen across the US, making our investment criteria consistent within our West Coast, East Coast and Heartland eREITs™.

    As we “ramp up” our investments in the coming months and build out our Heartland portfolio, you will begin to receive updates with new asset additions and further information.


    Nov 11, 2016
  • West Coast eREIT™ Strategy

    The West Coast of the United States has recently become a magnet for capital due to its economic stability and pockets of enormous growth. The West Coast eREIT™ is focused on capitalizing on this growth to find attractive investment opportunities in several cities across the West Coast, particularly Los Angeles and Seattle.

    We like these cities because they demonstrate:

    • Robust job growth
    • Population growth
    • Limited housing supply 

    With increased demand for housing, and severely constrained supply, prices are pushed higher. We see these trends at work particularly in the multifamily space, elevating apartment rental and condominium prices, which may translate to increased returns. Similar trends can be seen across the US, making our investment criteria relatively consistent within our West Coast, East Coast and Heartland eREITs™.  

    As we “ramp up” our investments in the coming months and build out our West Coast portfolio, you will begin to receive updates with new asset additions and further information. 

     

    Nov 11, 2016
  • West Coast eREIT™ in “Ramp Up”

    The West Coast eREIT™ is currently in “ramp up” -- a time of important growth.   

    During this preliminary six-to-twelve month period the eREIT™ aims to:

    • Raise money from investors
    • Evaluate potential pipeline opportunities
    • Make its first investments

    Our goal is to acquire investments quickly, while maintaining our extremely high standards. In order to keep funds available to make new investments, dividends during this period may be less than once the eREIT™ is fully invested.  

    We look forward to providing information on asset additions as the West Coast eREIT™ begins to make investments. You can always find the most recent information here in your “Updates” tab: http://fundri.se/2dZcesr 

    As an investor, you are automatically invested in every new investment the West Coast eREIT™ makes.


    Nov 11, 2016
  • Heartland eREIT™ in “Ramp Up”

    The Heartland eREIT™ is currently in “ramp up” -- a time of important growth.  

    During this preliminary six-to-twelve month period the eREIT™ aims to:

    • Raise money from investors
    • Evaluate potential pipeline opportunities
    • Make its first investments 

    Our goal is to acquire investments quickly, while maintaining our extremely high standards. In order to keep funds available to make new investments, dividends during this period may be less than once the eREIT™ is fully invested.

    We look forward to providing information on asset additions as the Heartland eREIT™ begins to make investments. You can always find the most recent information here in your “Updates” tab: http://fundri.se/2dZcesr

    As an investor, you are automatically invested in every new investment the Heartland eREIT™ makes.


    Nov 11, 2016
  • East Coast eREIT™ in “Ramp Up”

    The East Coast eREIT™ is currently in “ramp up” -- a time of important growth.  

    During this preliminary six-to-twelve month period the eREIT™ aims to:

    • Raise money from investors
    • Evaluate potential pipeline opportunities
    • Make its first investments

    Our goal is to acquire investments quickly, while maintaining our extremely high standards. In order to keep funds available to make new investments, dividends during this period may be less than once the eREIT™ is fully invested.

    We look forward to providing information on asset additions as the East Coast eREIT™ begins to make investments. You can always find the most recent information here in your “Updates” tab: http://fundri.se/2dZcesr

    As an investor, you are automatically invested in every new investment the East Coast eREIT™ makes.


    Nov 11, 2016
  • Fundrise 2016 Investment Strategy: Income eREIT™

    Our strategy of “High Yield, Small Assets” continues to pay dividends. In the initial 10 months of operations, the Income eREIT™ made 16 investments across the United States.

    Our strategy has been to focus on:

    • Small Assets: The Income eREIT’s™ average loan of about $3,000,000 has allowed us to find higher returns in assets too small for big banks and investment funds.
    • Regulatory Inefficiencies: Greater banking regulations are creating opportunities for nimble lenders. The 2008 Financial Crisis has transformed the banking sector, opening gaps in the market.
    • Urban Infill: Nearly every Income eREIT™ investment is in the core of a major city. Since we founded Fundrise, we have believed in investing in cities -- loans in downtown LA, Atlanta, and Seattle, to name a few.

    Returns to date have supported our investment thesis to look outside of typical investments made by Wall Street. Although the path less traveled means putting in extra work, our strong commitment to providing the highest quality to our investors remains our top priority.


    Oct 17, 2016
  • Fundrise 2016 Investment Strategy: Growth eREIT™

    The Growth eREIT™ owns seven properties with a total of nearly 1,500 apartments and more than $10 million in renovations underway.

    To date, the Growth eREIT™ investments have followed three consistent guiding principles:

    1. Basic Need for Housing: There is a growing population in need of affordably-priced rentals, but only a limited amount of older building stock serving this middle income housing demand. New apartments are so expensive to build that they must focus on a higher income resident, meaning affordable units face little to no new-build competition. We believe this makes middle income housing a good place to invest right now. 
    2. “Value Investing:” We seek to invest at or below the replacement cost for a given property. In other words, our cost basis should be less than the cost to build a similar nearby building.
    3. Long-term, Fixed-Rate Debt: Today's interest rate environment provides an unusual opportunity to borrow at historically low interest rates. By purchasing an apartment building with stable income, we can secure long-term, fixed rate debt at extraordinary terms. For example, the Growth eREIT™ as a whole portfolio has secured approximately 70% loan-to-value (LTV) at 3.85% fixed interest rate with a 9.1 year term – locking in attractive yields for almost a decade.

    Fundrise's ultra-low fee model combined with these fundamental investment principles let time and natural demographic growth work for you.


    Oct 17, 2016
  • Denver Multifamily Upgrades in Process: Growth eREIT Update

    The Growth eREIT™ recently invested in a 41-unit multifamily property in Denver, Colorado. The sponsor purchased the property with plans to renovate the interior of the units as well as the exterior of the building with the goal of obtaining higher rents. 

    They have reported that progress is already well underway, with Phase One interior renovations complete. The attached images show upgrades to one of the kitchens, which we believe is a dramatic improvement. They recently opened a model unit for showings, and have also completed the majority of the exterior landscaping.

    As of the beginning of the third quarter of 2016, the building was 83% occupied with eight vacant units. Of the eight vacant units, one unit has been pre-leased at a rate which is a 31% increase to the prior rent. Of the other seven units, two have also been pre-leased above their pro-forma projections.

    As of late August 2016, all newly renovated units were already being marketed at or above the sponsor's pro-forma rent projections.


    Sep 27, 2016
  • New Growth eREIT Investment in D.C. Metro Area Added

    We are excited to let you know that the Growth eREIT has acquired a stabilized, 216-unit multifamily property located in the Fort Belvoir region of the D.C. metro area. 

    Fort Belvoir, which benefits heavily from the Fort Belvoir Army Base, is projected to add another 17,000 new jobs to the region by 2030. We believe this job growth will result in an increased demand for residential rentals in the area – and is one of the reasons we chose to make this investment.

    This is just one of the many assets that the Growth eREIT has purchased to date. As a reminder, investors automatically gain exposure to all investments made by the Growth eREIT.

    For more information on featured investments, please see the Featured Assets section of the Growth eREIT offering page.


    Sep 21, 2016
  • Ace Hotel Now Open! Income eREIT Update

    One of the Income eREIT™ recent investments was a preferred equity position in the development of the Ace Hotel in Pittsburgh. The strong brand recognition of Ace as a premier boutique hotel operator combined with the resurgence of Pittsburgh as a destination for top companies like Google helped drive our decision to make this investment.

    We are pleased to announce that since the date of our investment, the Ace Hotel has officially opened for business. Above you can see just how much the once rundown building has been transformed.

    We continue to be optimistic about the investment and look forward to hearing more good news as the hotel builds its operational track record.

    For a photo tour and more information on the hotel, please see the following link to the Ace Hotel Pittsburgh website: https://www.acehotel.com/pittsburgh

    A recent article discusses more broadly the impact of the national Ace Hotel brand on rejuvenating and redefining cities all across the country in its various locations:  See link.



    Aug 16, 2016
  • New Growth eREIT Investment in Jacksonville, FL Added

    We are excited to let you know that the Growth eREIT has acquired a fully stabilized 520-unit multifamily asset in Jacksonville, FL for a total investment of $10.8M.

    This is just one of the many assets that the Growth eREIT has purchased to date. As a reminder, investors automatically gain exposure to all investments made by the Growth eREIT.

    For more information on featured investments, please see the Featured Assets section of the Growth eREIT offering page.


    Aug 9, 2016
  • Income eREIT™ Update: Phoenix Multifamily Rehab Paid Off

    We are pleased to report that one of the Income eREIT™’s early investments, the 11-Unit Phoenix Arizona Multifamily Rehabilitation, has successfully been paid back in full.

    As a reminder, this is just one of many investments made by the Income eREIT™ to date. As a shareholder of record, you remain diversified across the many other assets in the Income eREIT™ that are still outstanding. 

    We expect to use the proceeds from this payoff to fund new investment opportunities in the Income eREIT™. 

    Jul 19, 2016
  • New Growth eREIT Investment in Fort Belvoir, VA Added

    We are excited to let you know that the Growth eREIT has invested in a fully stabilized, 76-unit multifamily asset located just 0.1 miles from the US Army Base Fort Belvoir. 

    This is just one of the many assets that the Growth eREIT has purchased to date. As a reminder, investors automatically gain exposure to all investments made by the Growth eREIT.


    Jul 19, 2016
  • Q2 Dividends Initiated, Income eREIT™ Fully Stabilized

    Your second quarter dividend has been distributed and should settle in your external bank account within 5 business days. Once the transaction has settled, you will be able to see it reflected in the “Performance” tab of your portfolio here: https://fundrise.com/account/performance

    The Income eREIT™ has completed its “ramp-up” period and is now fully stabilized. Since inception, it has acquired 15 assets from across the country. As the Income eREIT™ shifts away from new acquisitions and onto on-going operations, we look forward to providing more details on the performance.

    Jul 14, 2016
  • New Growth eREIT Investment in Jacksonville, FL Added

    We are pleased to announce that the Growth eREIT™ has acquired Palms at Beacon Pointe -- a fully stabilized 159-unit, garden-style apartment property in Jacksonville, Florida.

    You can learn more about the investment here: http://fundri.se/1OlpaWm


    Jun 15, 2016
  • Fundrise Income eREIT 2015 Audited Report

    To the Shareholders of Fundrise Real Estate Investment Trust (the Fundrise Income eREIT),
     
    We invented the eREIT in December 2015 with the belief that by combining sound investment principles and a new, technology-driven online distribution model, we could achieve better investment performance.
     
    As of May 16, 2016, we have committed investments of approximately $47.25M into 15 properties with a dividend of 10% annualized declared for the second quarter of 2016. Our initial success and projected double-digit dividend helps validate the low-cost, online direct investment model Fundrise has pioneered.
     
    As a Securities & Exchange Commission reporting company, you can expect to receive periodic reporting, including annual reports (on Form 1-K) with audited financial statements, semi-annual reports with interim financial statements (on Form 1-SA), and periodic reports for material events (on Form 1-U). These reports are available on the SEC's EDGAR website.
     
    On April 26, 2016, we filed our 2015 Annual Report on Form 1-K with the Securities and Exchange Commission, which includes, among other things, the following:

     - Management’s Discussion and Analysis of Financial Condition and Results of Operations

     - 2015 Audited Financial Statements

     - Independent Auditor’s Report

    We appreciate your trust and support as we continue to grow our business together.
     
    Benjamin S. Miller
    CEO & Co-Founder

    May 18, 2016
  • New Income eREIT Investment in Los Angeles, CA Added

    The Fundrise Income eREIT has acquired a new asset – a $7.315M senior secured loan that will be used for the acquisition of a 37,236 SF site in downtown Los Angeles' Arts District. 

    This is just one of the many assets that the Income eREIT has purchased to date. As a reminder, investors automatically gain exposure to all investments made by the eREIT.

    For more information on featured eREIT investments, please see the “Featured Assets” section of the eREIT offering page.

    Here's a direct link to more information on the newest asset: Click here

    May 2, 2016
  • Income eREIT Earned Approx. 9.7% Annualized Return in Q1 2016

    We are pleased to report that the Income eREIT earned an approximate 9.7% annualized return during the first quarter of 2016. If your investment settled by close of business on March 31, your first quarter dividend distribution has been initiated and funds should settle in your bank account within the next five business days.

    View the Full Income eREIT Report Here

    The Income eREIT is currently in a “ramp-up” period, raising funds directly from individual investors and then using those funds to acquire assets. As of March 31, the Income eREIT had acquired 13 commercial real estate assets across the country with total commitments of approximately $31.5 million.

    During the first quarter, the Income eREIT declared daily dividends to investors representing an annualized return of approximately 4.5%, slightly less than half of the total earnings of the eREIT over the same time period. Over the next three quarters as the Income eREIT completes its “ramp-up” and cash-flow increases, we anticipate that the dividend per share will increase until ultimately no less than 90% of the Income eREIT’s taxable income has been distributed to investors.

    For more detail on the Income eREIT’s initial performance, view the full report here. 

    Apr 12, 2016
  • More Information on Your Growth eREIT Investment

    As we near the end of the first quarter of 2016, we wanted to share some important information about your investment in the Fundrise Growth eREIT:

    1. The Growth eREIT is currently in its initial “ramp-up” phase, when it raises funds through the sale of its shares and identifies potential assets to acquire. It can take 60-90 days to fully conduct due diligence on an asset once it has been identified.

    2. As anticipated, there will be no dividends distributed for the first quarter of 2016.

    3. You will receive a notification when the Growth eREIT acquires its first asset.

    We look forward to sharing more updates with you soon.

    Mar 30, 2016
  • New eREIT Investment in Cordova, TN Added

    The Fundrise Income eREIT has acquired a new asset – a $3.75M Suburban Memphis Stabilized Multifamily Acquisition. 

    This is just one of the many assets that the Income eREIT has purchased to date. As a reminder, investors automatically gain exposure to all investments made by the eREIT.

    For more information on featured eREIT investments, please see the “Featured Assets” section of the eREIT offering page.

    Here's a direct link to more information on the newest asset: Link .


    Mar 9, 2016
  • New eREIT Investment in Los Angeles, CA Added

    The Fundrise Income eREIT has acquired a new asset – a $4.9M cash-flowing land loan in Los Angeles, California.

    This is just one of the many assets that the Income eREIT has purchased to date. As a reminder, investors automatically gain exposure to all investments made by the eREIT.

    For more information on featured eREIT investments, please see the “Featured Assets” section of the eREIT offering page.

    Here's a direct link to more information on the newest asset: Link .


    Mar 2, 2016
  • New eREIT Investment in Long Island City, NY Added

    The Fundrise Income eREIT has acquired a new asset - a Senior Debt investment in a 3-Unit Ground-up Condo Construction in Long Island City, New York.

    This is just one of the many assets that the Income eREIT has purchased to date. As a reminder, investors automatically gain exposure to all investments made by the eREIT. 

    For more information on featured eREIT investments, please see the “Featured Assets” section of the eREIT offering page. 

    Here's a direct link to more information on the newest asset: Link


    Feb 2, 2016
  • New eREIT Investment in Atlanta, GA Added

    The Fundrise Income eREIT has acquired a new asset - a combined preferred equity and senior debt investment for a 100% pre-leased, flex industrial building in Atlanta, GA.

    This Atlanta Value-Add Retail Conversion is just one of the many assets that the Income eREIT has purchased to date.  As an investor you automatically gain exposure to this investment along with all investments made by the eREIT.

    For more information on featured eREIT investments, please see the “Featured Assets” section of the eREIT offering page. 

    Here's a direct link to more information on the newest asset here.

    Jan 28, 2016
  • New eREIT Investment: Ace Hotel Pittsburgh

    We're excited to announce that the Fundrise Income eREIT has acquired another asset – an investment in the Ace Hotel Pittsburgh, which makes its home in a century-old former YMCA building.

    The hotel gained early attention from both local and national publications, including the Wall Street Journal, for working with community organizations like Carnegie Museum of Art on neighborhood programming and engagement.

    For more information, please see the “Featured Assets” section of the eREIT offering page. Direct link here.

    Jan 20, 2016
  • New eREIT Investment in Richland, WA Added

    The Fundrise Income eREIT has acquired another asset – a preferred equity investment in the refinancing of a stabilized multifamily apartment complex in Richland, Washington.

    For more information, please see the “Featured Assets” section of the eREIT offering page. Direct link here

    Jan 13, 2016
  • New eREIT Investment in Phoenix, AZ Added

    We are pleased to announce that the Fundrise eREIT has acquired another asset – a senior-secured loan for the renovation of a Phoenix apartment complex, which is walking distance from both a Whole Foods and Apple Store, a rarity in the driving-centric Phoenix market.

    For more information, please see the “Featured Assets” section of the eREIT offering page. Direct link here.

    Jan 5, 2016
  • First eREIT Investment Added!

    We are pleased to announce that the eREIT has acquired its first asset – a senior-secured loan that will be used for the renovation of a 2-unit luxury condominium building in Long Island City, NY.

    Our whole team is excited about investing in Long Island City, a fast-growing neighborhood just one subway stop from NYC’s Grand Central Station. The project’s sponsor recently completed a similar development just two blocks away.

    For more information, please see the “Featured Assets” section of the eREIT offering page. Direct link here. 

    Dec 30, 2015
  • New Investment Added!

    We are pleased to announce that the Fundrise eREIT has acquired a new asset – a preferred equity investment in a stabilized rental townhome property in Snoqualmie, Washington, a suburb located 30 minutes outside Seattle.

    Over the past decade, Snoqualmie has been one of the state’s fastest growing cities due to new development, growing incomes, spectacular scenery, and recreational offerings.

    For more information, please see the “Featured Assets” section of the eREIT offering page. Direct link here


    Dec 30, 2015