Fundrise: Invest in a better alternative.

Decades of data show a stubborn trend: Recessions take months, or years, to reveal themselves. With no reason to think this time is different, we continue to protect the downside while optimizing for opportunity.

Continued stability across the portfolio positions us to take advantage of opportunities that we expect to arise over the coming months as a result of further distress in financial markets

The year that changed everything.

Despite the unprecedented disruption to the economy caused by the COVID-19 pandemic, the Fundrise portfolio has performed well over the first half of the year.

As has generally occurred in past recessions, we expect that attractive opportunistic investments will begin to appear over the coming months. In our latest letter, we’ll walk you through our strategy to fully take into consideration the impacts of the current downturn as we make new investments, and what it means for your portfolio.

To follow up on last month’s letter, we’re sharing a detailed analysis of how we believe the pandemic will continue to evolve, and the latest measures we’ve put in place to protect our entire investor community.

DISCLAIMER - PLEASE READ

The information contained in this email and in the accompanying Fundrise portfolio stress test is for informational purposes only, and has not been reviewed, compiled or audited by any independent third-party or public accountant.  Further, this analysis is specific to the underlying assets held by each fund sponsored by Fundrise, and is not intended to project how any particular fund will perform in the future.

Obviously we cannot predict the future, and, while we believe that the assumptions contained herein to be extremely severe, there can be no guarantee that the conditions created by the ongoing COVID-19 global pandemic, or any other future unforeseen event, will not result in greater stress on the assets than is demonstrated here.  In such a scenario, there may be greater risk to the various assets than is presented in this analysis.

All of the information contained herein is based on the most recently available data as of March 31, 2020.  We undertake no obligation to update or review any of the information contained herein, whether as a result of new information, future developments or otherwise.

This analysis contains numerous forward-looking statements You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in this analysis.

The ongoing coronavirus (COVID-19) global outbreak is by definition a black swan event in that it was impossible to predict, and yet it has caused (and will almost certainly continue to cause) massive disruption. While there continue to be many more unknowns than knowns, we feel it’s important to provide you with our view of what we see unfolding, and the proactive steps we’ve taken over the years to prepare for such an event.