SEC Comment Letter for FUNDRISE BALANCED EREIT II, LLC (CIK 0001803986) — Mar 24, 2020
FUNDRISE BALANCED EREIT II, LLC (CIK 0001803986)
Date: March 24, 2020 · CIK: 0001803986 · Accession: 0000000000-20-002577
AI Filing Summary & Sentiment
File numbers found in text: 024-11163
Letter
March 24, 2020 Benjamin Miller Chief Executive Officer of Fundrise Advisors, LLC Fundrise Balanced eREIT II, LLC 11 Dupont Circle NW, 9th FL Washington, DC 20036 Re:Fundrise Balanced eREIT II, LLC Offering Statement on Form 1-A Filed February 26, 2020 File No. 024-11163 Dear Mr. Miller: We have reviewed your offering statement and do not have any comments. 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. We also remind you that, following qualification of your Form 1-A, Rule 257 of Regulation A requires you to file periodic and current reports, including a Form 1-K which will be due within 120 calendar days after the end of the fiscal year covered by the report. You may contact Paul Cline at 202-551-3851 or Jennifer Monick at 202-551-3295 if you have questions regarding comments on the financial statements and related matters. Please contact Jonathan Burr at 202-551-5833 or David Link at 202-551-3356 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction
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March 24, 2020
Benjamin Miller
Chief Executive Officer of Fundrise Advisors, LLC
Fundrise Balanced eREIT II, LLC
11 Dupont Circle NW, 9th FL
Washington, DC 20036
Re:Fundrise Balanced eREIT II, LLC
Offering Statement on Form 1-A
Filed February 26, 2020
File No. 024-11163
Dear Mr. Miller:
We have reviewed your offering statement and do not have any comments.
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. We also remind you that, following qualification of your Form 1-A, Rule 257
of Regulation A requires you to file periodic and current reports, including a Form 1-K which
will be due within 120 calendar days after the end of the fiscal year covered by the report.
You may contact Paul Cline at 202-551-3851 or Jennifer Monick at 202-551-3295 if you
have questions regarding comments on the financial statements and related matters. Please
contact Jonathan Burr at 202-551-5833 or David Link at 202-551-3356 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction