SEC Comment Letter for FUNDRISE REAL ESTATE INVESTMENT TRUST, LLC (CIK 0001645583) — Jun 30, 2021
FUNDRISE REAL ESTATE INVESTMENT TRUST, LLC (CIK 0001645583)
Date: June 30, 2021 · CIK: 0001645583 · Accession: 0000000000-21-008059
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File numbers found in text: 024-11140
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United States securities and exchange commission logo
June 30, 2021
Benjamin S. Miller
Chief Executive Officer of Fundrise Advisors, LLC
Fundrise Real Estate Investment Trust, LLC
11 Dupont Circle NW, 9th Floor
Washington, D.C. 20036.
Re:Fundrise Real Estate Investment Trust, LLC
Post-Qualification Amendment No. 6 to
Offering Statement on Form 1-A
Response dated June 28, 2021
File No. 024-11140
Dear Mr. Miller:
We have reviewed your response letter and have the following comment. In our
comment, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response. After reviewing any amendment to your offering statement and the information you
provide in response to this comment, we may have additional comments.
Post-Qualification Amendment No. 6 to Offering Statement on Form 1-A
General
1.We note your response to comment 1 and we reissue it in part. Please also remove the
aggregated Fundrise returns from the investor letter.
We will consider qualifying your offering statement at your request. If a participant in
your offering is required to clear its compensation arrangements with FINRA, please have
FINRA advise us that it has no objections to the compensation arrangements prior to
qualification.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
FirstName LastNameBenjamin S. Miller
Comapany NameFundrise Real Estate Investment Trust, LLC
June 30, 2021 Page 2
FirstName LastName
Benjamin S. Miller
Fundrise Real Estate Investment Trust, LLC
June 30, 2021
Page 2
Please contact Ronald (Ron) E. Alper at 202-551-3329 or Erin E. Martin at 202-551-3391
with any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Mark Schonberger