Fundrise Using Reg A+ to Launch $50M e-REIT
- Expanding their operation to REITs, Fundrise is launching a new fund that will be based on investments on their crowdfunding platform.
After announcing expansion to international investors in September, real estate equity Crowdfunding Crowdfunding Crowdfunding is defined as funding of a project via raising smaller denominations of money across a large body of number of people.New businesses that need access to more capital may also conduct crowdfunding. Generally, crowdfunding is performed through an online community, social media, or crowdfunding websites such as Kickstarter, GoFundMe, and RocketHub. Depending upon which jurisdiction an investor resides within will dictate the sort of restrictions that are applied to the crowdfunding pro Crowdfunding is defined as funding of a project via raising smaller denominations of money across a large body of number of people.New businesses that need access to more capital may also conduct crowdfunding. Generally, crowdfunding is performed through an online community, social media, or crowdfunding websites such as Kickstarter, GoFundMe, and RocketHub. Depending upon which jurisdiction an investor resides within will dictate the sort of restrictions that are applied to the crowdfunding pro Read this Term firm, Fundrise, is aiming to further widen the investor base that can take part in their deals. The new product comes in the form of what they call the world’s first ever e-REIT.
With the new real estate investors trust (REIT), Fundrise is hoping to raise $50 million for the project. The fund uses Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term A+ of the JOBS Act which went into effect earlier this year and allows private firms to raise up to $50 million in capital from unaccredited investors. Through this arrangement, Fundrise will be able to open up their deal flow to a wider array of investors, which until now had been limited to accredited investors.
Similar to other REITs, the Fundrise REIT will be investing in real estate and paying investors dividends based on the operational cash flow of the fund. According to Fundrise, the REIT will be focusing on a “diverse portfolio of US commercial real estate properties, such as apartments, shopping centers, and office buildings”. The REIT will be managed by Fundrise Advisors LLC and choosing investments that are available to accredited investors on the Fundrise crowdfunding platform.
Speaking to Finance Magnates in the past, Dan Miller, President and Co-Founder of Fundrise, explained that the crowdfunding platform was first created as a tool to help him and his brother to fund their own real estate deals. It has since evolved into a marketplace platform of developers and investors where 50% of deals are introduced by third parties.
Commenting on the launch, Ben Miller, C0-Founder and CEO of Fundrise, stated: “Today is a massively historic day for the Fundrise team -- the result of over four years of work! Soon anyone in the country will be able to access the same investments as billion-dollar institutional funds but with roughly 1/10th of the fees, heightened transparency, and low investment minimums of $1,000.”
After announcing expansion to international investors in September, real estate equity Crowdfunding Crowdfunding Crowdfunding is defined as funding of a project via raising smaller denominations of money across a large body of number of people.New businesses that need access to more capital may also conduct crowdfunding. Generally, crowdfunding is performed through an online community, social media, or crowdfunding websites such as Kickstarter, GoFundMe, and RocketHub. Depending upon which jurisdiction an investor resides within will dictate the sort of restrictions that are applied to the crowdfunding pro Crowdfunding is defined as funding of a project via raising smaller denominations of money across a large body of number of people.New businesses that need access to more capital may also conduct crowdfunding. Generally, crowdfunding is performed through an online community, social media, or crowdfunding websites such as Kickstarter, GoFundMe, and RocketHub. Depending upon which jurisdiction an investor resides within will dictate the sort of restrictions that are applied to the crowdfunding pro Read this Term firm, Fundrise, is aiming to further widen the investor base that can take part in their deals. The new product comes in the form of what they call the world’s first ever e-REIT.
With the new real estate investors trust (REIT), Fundrise is hoping to raise $50 million for the project. The fund uses Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term A+ of the JOBS Act which went into effect earlier this year and allows private firms to raise up to $50 million in capital from unaccredited investors. Through this arrangement, Fundrise will be able to open up their deal flow to a wider array of investors, which until now had been limited to accredited investors.
Similar to other REITs, the Fundrise REIT will be investing in real estate and paying investors dividends based on the operational cash flow of the fund. According to Fundrise, the REIT will be focusing on a “diverse portfolio of US commercial real estate properties, such as apartments, shopping centers, and office buildings”. The REIT will be managed by Fundrise Advisors LLC and choosing investments that are available to accredited investors on the Fundrise crowdfunding platform.
Speaking to Finance Magnates in the past, Dan Miller, President and Co-Founder of Fundrise, explained that the crowdfunding platform was first created as a tool to help him and his brother to fund their own real estate deals. It has since evolved into a marketplace platform of developers and investors where 50% of deals are introduced by third parties.
Commenting on the launch, Ben Miller, C0-Founder and CEO of Fundrise, stated: “Today is a massively historic day for the Fundrise team -- the result of over four years of work! Soon anyone in the country will be able to access the same investments as billion-dollar institutional funds but with roughly 1/10th of the fees, heightened transparency, and low investment minimums of $1,000.”