Filed Pursuant to Rule 253(g)(2)
File No. 024-11149
RISE COMPANIES CORP.
SUPPLEMENT NO. 4 DATED JULY 18, 2022
TO THE OFFERING CIRCULAR DATED JUNE 1, 2022
This document supplements, and should be read in conjunction with, the offering circular of Rise Companies Corp. (the "Company", “we”, “our” or “us”), dated June 1, 2022 and filed by us with the Securities and Exchange Commission (the “Commission”) on June 1, 2022 (the “Offering Circular”). Unless otherwise defined in this supplement, capitalized terms used in this supplement shall have the same meanings as set forth in the Offering Circular.
The purpose of this supplement is to disclose certain 2022 performance metrics of the Company.
Certain 2022 Performance Metrics
Net returns of all client accounts of Fundrise Advisors for H1 2022 by investment plan objective1:
| Plan Objective | Income | Balanced | Growth | Overall | ||||||||||||
| Net Dividends | 1.73 | % | 1.22 | % | 1.00 | % | 1.22 | % | ||||||||
| Appreciation | 3.05 | % | 4.16 | % | 4.95 | % | 4.31 | % | ||||||||
| Net Total Return | 4.78 | % | 5.39 | % | 5.96 | % | 5.52 | % | ||||||||
Performance of individual Fundrise sponsored funds for H1 20222:
| Fund Name / Objective | Average AUM3 | Launch Date | Net Total Return | |||||||
| Registered funds | ||||||||||
| Flagship Real Estate Fund | $ | 955,220,122 | Jan 2021 | 5.92 | % | |||||
| Income Real Estate Fund | $ | 219,812,567 | Jan 2021 | 3.07 | % | |||||
| Growth | ||||||||||
| Growth eREIT | $ | 235,114,323 | Feb 2016 | 7.43 | % | |||||
| Growth eREIT II | $ | 111,157,513 | Sep 2018 | 8.86 | % | |||||
| Development eREIT | $ | 117,286,844 | Jun 2019 | -0.77 | % | |||||
| eFund | $ | 99,393,827 | Jun 2017 | 1.08 | % | |||||
| Growth eREIT III | $ | 61,542,851 | Feb 2019 | 12.62 | % | |||||
| Growth eREIT VII | $ | 67,324,704 | Jan 2021 | 13.44 | % | |||||
| Growth eREIT VI | $ | 49,890,983 | Dec 2019 | 2.73 | % | |||||
| Balanced | ||||||||||
| East Coast eREIT | $ | 170,895,584 | Oct 2016 | 9.36 | % | |||||
| Heartland eREIT | $ | 116,142,631 | Oct 2016 | 5.20 | % | |||||
| West Coast eREIT | $ | 97,765,975 | Oct 2016 | 2.98 | % | |||||
| Balanced eREIT | $ | 51,909,456 | Dec 2019 | 2.12 | % | |||||
| eREIT XIV | $ | 23,764,819 | Dec 2019 | 3.99 | % | |||||
| Balanced eREIT II | $ | 50,651,026 | Jan 2021 | 5.06 | % | |||||
| Income | ||||||||||
| Income eREIT | $ | 71,201,077 | Dec 2015 | 2.74 | % | |||||
| Income eREIT II | $ | 40,054,028 | Sep 2018 | 3.60 | % | |||||
| Income eREIT V | $ | 32,747,135 | Oct 2019 | 2.60 | % | |||||
| Income eREIT 2019 | $ | 21,489,970 | Jun 2019 | 3.54 | % | |||||
| Income eREIT III | $ | 18,198,326 | Feb 2019 | 3.69 | % | |||||
Net returns of all client accounts of Fundrise Advisors for Q2 2022 by investment plan objective1:
| Plan Objective | Net Total Return | |||
| Income | 1.54 | % | ||
| Balanced | 1.87 | % | ||
| Growth | 2.72 | % | ||
| Overall | 2.05 | % | ||
Performance of individual Fundrise sponsored funds for Q2 20222:
| Fund Name | Net Total Return | |||
| Growth eREIT | 2.70 | % | ||
| East Coast eREIT | 8.03 | % | ||
| Heartland eREIT | 0.60 | % | ||
| West Coast eREIT | 1.49 | % | ||
| eFund | 1.02 | % | ||
| Growth eREIT II | 4.37 | % | ||
| Growth eREIT III | 5.11 | % | ||
| Development eREIT | -0.87 | % | ||
| Growth eREIT VI | 1.16 | % | ||
| Balanced eREIT | 0.38 | % | ||
| Growth eREIT VII | 6.92 | % | ||
| Balanced eREIT II | 0.81 | % | ||
| Flagship Real Estate Fund | 1.19 | % | ||
| Income Real Estate Fund | 1.54 | % | ||
1 “Net Total Return” consists of the time-weighted, weighted-average aggregate returns of Fundrise Advisors client accounts that have participated in the indicated investment plan objective during the period indicated, calculated using the Modified Dietz method. Net total returns are inclusive of dividends and capital gains / losses, are net of fees, and include shares which were acquired via dividend reinvestment.
2 “Performance of individual Fundrise sponsored funds” specifically refers to the time weighted return for the period indicated, calculated using the Modified Dietz method. Returns are inclusive of dividends and capital gains / losses, are net of fees, and include shares which were acquired via dividend reinvestment.
3 “Average AUM” is the daily average invested capital in the indicated program during the first six months of calendar year 2022, calculated using the Modified Dietz method. The average capital calculation weights individual cash flows (for example investments or redemptions) by the length of time between those cash flows until the end of the period. Flows which occur towards the beginning of the period have a higher weight than flows occurring towards the end.
