I had one investment with Fundrise before they decided to go the eREIT route, which I didn't like so much. The investment was a 14% preferred return on an apartment building in Salt Lake City being built from the ground up. It's been paying us 14% since July 2015 like clockwork. It was supposed to run for 36 months. Well, after 27, they've decided to sell it....to their own eREIT! I guess that's one way to get rid of their "legacy" investments.
At any rate, 100% of my principle returned and 14% returns. I guess I can't complain too much.
At any rate, 100% of my principle returned and 14% returns. I guess I can't complain too much.
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