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EDGAR Verified
Primary Source · SEC.gov

Fundrise Equity REIT, LLC

CIK 0001648956Fund Vehicle2022 vintage506(c)
Fundrise

Raised

$8M

Investors

64

Min Invest

$10,000

AltStreet Analysis

·

Generated from EDGAR primary sources

Fundrise Equity REIT, LLC is a Delaware limited liability company filed by executive officers Benjamin Miller, Brandon Jenkins, and Bjorn Hall, raising $7.7M from 64 investors under Rule 506(c). This amended filing shows a $10K minimum investment and is part of the Fundrise real estate platform, which operates 12 related EDGAR entities focused on real estate investments.

This real estate offering uses the 506(c) exemption with a $10K minimum, positioning it in the accessible institutional-quality REIT segment. The $120K average investor commitment and absence of stated sales commissions align with Fundrise's direct-to-investor platform model, which differs from traditional broker-sold real estate offerings that typically carry 5-7% commissions.

Data Flags

sales_commissionsNo sales commissions stated on a $7.7M 506(c) offering with 64 investors, indicating likely direct distribution rather than broker-dealer network
generalAmendment filing but no first sale date disclosed, making it impossible to verify filing timeliness or calculate vintage year
investor_concentrationAverage investment of approximately $120K per investor is notably consistent, suggesting standardized investment tiers or limited variation in investor size

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001648956
Entity NameFundrise Equity REIT, LLC
Exemption506(c)
First Sale Date—
Filing DateAugust 16, 2022
Accession Number0001942698-22-000002
Total Amount Sold$8M
Total Investors64
Minimum Investment$10,000
Securities TypeEquity
State of IncorporationNot specified
Amendment Count3 amendments filed

Capital Raise Timeline

Chronological filing history from primary SEC Form D documents. Delta figures show change from previous filing.

Sep 2020D
$10,000 min
Sep 2021D/A
$3M(+$3M)40 investors(+40)$10,000 min
Sep 2021D/A
$3M40 investors$10,000 min
Aug 2022D/ALatest
$8M(+$5M)64 investors(+24)$10,000 min

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Benjamin Miller

Executive Officer · Washington, DC

Brandon Jenkins

Executive Officer · Washington, DC

Bjorn Hall

Executive Officer · Washington, DC

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.