Fundrise’s Ben Miller Really Wants Investors to Understand Why There Are So Few Deals
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WASHINGTON, DC—Fundrise CEO Ben Miller has been placating frustrated investors that have found themselves shut out of first the company’s various crowdsourcing projects and more recently its eREIT.
He tried again in his annual letter to investors.
Unfortunately, the explanation may have just served to frustrate would be investors a bit more as Fundrise also announced its investment results for 2015. Across all of its investments, it posted a weighted average return of 13.1%. That compares to the 1.37% the S&P 500 returned during the same time period…
Fundrise’s Ben Miller Really Wants Investors to Understand Why There Are So Few Deals