East Coast eREIT

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Overview

Current Dividend
8.75%
Net Asset Value
Investment Phase
Ramp Up
Objective
Balanced

Performance

Dividends paid on $10,000 since inception ($)

Strategy

The East Coast eREIT focuses on a balanced approach of acquiring both debt and equity investments in commercial real estate assets located specifically in the East Coast region. The eREIT™ intends to target investments with fixed rates of return that maximize current income, and equity investments with significant potential value creation. 

In particular, the East Coast eREIT intends to capitalize on opportunistic pricing inefficiencies in the East Coast multifamily market through (i) acquiring value­-add and lease-­up properties; (ii) acquiring assets that require repositioning or re­development; (iii) investing in ground ­up new development projects; and (iv) providing senior debt, mezzanine debt and recapitalization equity capital for existing transactions.

The East Coast multifamily rental market is benefitting from demographic changes, improved job growth, and strong economic dynamics. The East Coast eREIT™ aims to invest in commercial real estate assets located in Massachusetts, New York, New Jersey, North Carolina, South Carolina, Georgia, and Florida, as well as the Washington, DC, and Philadelphia, PA metro areas.

Allocation

Time Horizon

The East Coast eREIT plans to look for opportunities to provide liquidity to its investors after approximately 5 years.

High Probability Moderate Probability Low Probability

Liquidity

While you should view your investment as long-term, you may be able to request redemption of your shares on a quarterly basis, subject to certain limitations.

Holding Period From Date of Settlement Effective Redemption Price
(as percentage of per share redemption price)
Less than 90 days 100%
90 days - 3 years 97%
3 years - 4 years 98%
4 - 5 years 99%
More than 5 years 100%

For full details see the "Quarterly Redemption Plan" section of the offering circulars available at www.fundrise.com/oc.