Type:
Real Estate
Focus:
Debt & Equity

Overall:

Platform Provided Due Diligence:

Platform Fees:

Quality of Deals:

WebsiteFundrise

Fees - .3% annual management fee

Phone - (202) 584-0550

SEC REG - USES 506(c)  and 506(b)

Fundrise is crowdfunding platform for real estate investment with a unique focus on involving local investors with opportunities close to home. Benjamin and David Miller founded the company in August of 2012 to give everyone the opportunity to invest in real estate. This amazing platform is now raising in hours what once took months and best of all—these are local investors.

By investing in the Project Payment Dependent Notes, issued by the Rise Companies Corp., the parent of Fundrise LLC, both accredited and in some cases, non-accredited investors can take part in return of the real estate market. Every investment opportunity is vetted and comes with a complete projection of returns and a distribution schedule specific to that project.

Fundrise also allows investors to gather together into investor networks that can follow and work with specific real estate companies. By allowing investors to pool their resources and fund opportunities with a stable of entrepreneurs they trust, Fundrise makes it easier and more efficient for great investors and great companies to connect in mutually beneficial ways.

Fundrise raised over $31 million dollars in its first round of funding, with this infusion; Fundrise is broadening far beyond its roots in Washington and is now beginning to offer crowdfunded opportunities nationally. Fundrise charges different fees for each Project Payment Dependent Note, though they range typically from 0-3%. Fundrise utilizes 506b, which does allow a limited number of non-accredited and self-certified investors to fund projects.

Due Diligence & Discussions

Share your experience. Rate and comment!

James Hartley

Nov 01, 2017

Easy, beginner friendly REIT for non-accredited investors, but agree with other comments that accredited investors can find better deals elsewhere.

Friends who used to use the platform mentioned good double-digit returns, but those days are probably over with the REIT model.

R D

Aug 24, 2017

I agree with the comments below.  Too bad they switched to their eREIT model and abandoned their earlier business.

Jack Reidy

May 02, 2017

I still think Fundrise has the best website for RE Crowdfunding compared to its peers. However, the transition to the REIT format has me looking elsewhere for opportunities.

I had 10 notes on their site with 8 completely closed with an annualized return in the upper teens.Very happy with the individual opportunities but not interested in the eREIT.

 

James Bobbett

Feb 19, 2017

I made two preferred equity deals in 2015 with Fundrise that are both working well. Unfortunately they don't do those anymore and have switched to a REIT model. My limited investigation of that convinced my I could probably do better elsewhere.

H S

Jan 30, 2017

Fundrise use to be one of my favorite real estate crowdfunding platforms. When they started they were focused on matching sponsors and investors.  They recently changed their model tot he eReit for all investors.  While their eReit is a welcomed opportunity for the non accredited investor, accredited investors have better low fee options than the ereit. I have not seen a new investment opportunity for the accredited investor in over 6 months. SInce they no longer serve the accredited market, it looks like I have made my last investment at Fundrise.

Top 5 by Overall Rating
Atlas was founded in 2009 by managing principals Arvind Chary and Alex Foster. The two founders bring over 25 years of i
At Watermark Partners Real Estate, we raise and actively manage funds for the acquisition, improvement and management of
ApexOne Investment Partners is a privately held real estate investment firm and fund manager. Our platform was created t
Praxis Capital, Inc is a vertically integrated real estate private equity investment firm which combines an entrepreneur
MLG Capital is a Real Estate Investment Manager that utilizes the skills and expertise of the MLG Family of Companies. S
Website - Real Crowd Fees - NONE Phone - 800-286-1602 SEC REG - USES 506(c) - Open Investments can be advertised and publicly discussed Real Crowd is a private, secure, and simple-to-use online platform for accredited investors to assess, r
Website - CrowdStreet Phone - 888 432-7693 SEC REG - USES 506(c) - Open Investments can be advertised and publicly discussed CrowdStreet allows accredited investors to purchase real estate investments through their platform, which is essent
URL - Fund That Flip Fees - 2% to 4% loan points as an origination fee deducted from loan funds at loan closing, plus 1% to 3% interest rate spread taken from loan repayments over the course of the loan. There is no cost for investors to sign up and
Website - EquityMultiple.com Fees - .5% annual asset management fee on equity + 10% carry Phone - 646)-844-9943 SEC REG - USES 506(c) - Open Investments can be advertised and publicly discussed EQUITYMULTIPLE is the only online investi
Website - Brelion.com Fees - Various Phone - (888) 564-3213 SEC REG - TBD Brelion is owned by the same company that owns Smartland sponsor and Peer Realty crowdfunding platform. As real estate developers ourselves, we underst
Fundrise Fundrise
Rated 2.7/5 based on 14 customer reviews

WebsiteFundrise

Fees - .3% annual management fee

Phone - (202) 584-0550

SEC REG - USES 506(c)  and 506(b)

Fundrise is crowdfunding platform for real estate investment with a unique focus on involving local investors with opportunities close to home. Benjamin and David Miller founded the company in August of 2012 to give everyone the opportunity to invest in real estate. This amazing platform is now raising in hours what once took months and best of all—these are local investors.

By investing in the Project Payment Dependent Notes, issued by the Rise Companies Corp., the parent of Fundrise LLC, both accredited and in some cases, non-accredited investors can take part in return of the real estate market. Every investment opportunity is vetted and comes with a complete projection of returns and a distribution schedule specific to that project.

Fundrise also allows investors to gather together into investor networks that can follow and work with specific real estate companies. By allowing investors to pool their resources and fund opportunities with a stable of entrepreneurs they trust, Fundrise makes it easier and more efficient for great investors and great companies to connect in mutually beneficial ways.

Fundrise raised over $31 million dollars in its first round of funding, with this infusion; Fundrise is broadening far beyond its roots in Washington and is now beginning to offer crowdfunded opportunities nationally. Fundrise charges different fees for each Project Payment Dependent Note, though they range typically from 0-3%. Fundrise utilizes 506b, which does allow a limited number of non-accredited and self-certified investors to fund projects.