What this record is
East Village Townhomes is an investment held by Fundrise Income Real Estate Fund, a pooled vehicle offered on Fundrise. It is not offered to investors on its own: exposure to it comes only through the fund, on the fund's terms, and the fund decides when it is bought, financed or sold. AltStreet records it so the fund's portfolio can be followed over time; nothing here is a solicitation, a minimum or an offering status.
As described by Fundrise on Oct 13, 2026: East Village Townhomes is a 74-unit build-for-rent community in Roswell, GA, structured as preferred equity with a 14.25% fixed annual return. It is featured as part of the Fundrise Income Real Estate Fund and is marked Active. The email says the structure prioritizes investor payouts before the developer earns any profit. Every figure is the platform's own statement about the fund's investment; none has been checked against a filing.
Terms as the fund described them
- 14.25% fixed annual return
- Preferred equity
- fixed income strategy
- part of the Fundrise Income Real Estate Fund
- 74-unit build-for-rent community
These are the terms of the fund's position in the asset, as the platform stated them, not terms available to any investor. What an investor in Fundrise Income Real Estate Fundreceives is set by the fund's own offering documents.
Where to look next
- Fundrise review: how the platform's funds are structured, what they charge and what their filings show.
- Every Fundrise record: offerings and holdings AltStreet tracks on the platform.
- Fund directory: the pooled vehicles themselves.
Recorded by AltStreet from the platform's own announcement on 2026-10-14.