Fundrise Development eREIT, LLC is a real estate fund based in Washington, District of Columbia. According to its most recent Form D, filed Aug 15, 2022, it has sold $1,621,458 of interests to 43 investors since its first sale in Sep 2020. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Brandon Jenkins; Benjamin Miller; Bjorn Hall.
- Total raised
- $1,621,458Cumulative sales reported on Form D
- Investors
- 43
- First sale
- Sep 29, 2020
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Brandon Jenkins; Benjamin Miller; Bjorn Hall
- Latest Form D
- Aug 15, 2022
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Fundrise Development eREIT, LLC
What is the minimum investment for Fundrise Development eREIT, LLC?
According to its latest Form D, filed Aug 15, 2022, the minimum investment Fundrise Development eREIT, LLC accepts from an outside investor is $10,000.
Who can invest in Fundrise Development eREIT, LLC?
Fundrise Development eREIT, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Fundrise Development eREIT, LLC raised?
Fundrise Development eREIT, LLC reports $1,621,458 sold from 43 investors on its Form D filed Aug 15, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Fundrise Development eREIT, LLC based?
Fundrise Development eREIT, LLC is based in Washington, District of Columbia.
When did Fundrise Development eREIT, LLC launch?
Fundrise Development eREIT, LLC reports its first sale in Sep 2020.
Size compared with every real estate fund
Raised more than 62% of the 32 real estate funds based in District of Columbia, and more than 42% of all 7,321 that report sales.