Fundrise Real Estate Investment Trust, LLC
1519 Connecticut Avenue NW
Suite 200
Washington, DC 20036
VIA EDGAR
September 20, 2016
Mr. Coy Garrison
Special Counsel
U.S. Securities and Exchange Commission
Division of Corporation Finance – Office of Real Estate & Commodities
100 F Street, N.E.
Washington, D.C. 20549-3010
| Re: | Fundrise Real Estate Investment Trust, LLC (the “Company”) |
Offering Statement on Form 1-A (the “Offering Statement”)
Post-Qualification Amendment No. 2
Filed September 19, 2016
File No. 024-10492
Dear Mr. Garrison:
We filed the above-referenced Offering Statement on Form 1-A on September 19, 2016. Pursuant to Rule 461 under the Securities Act of 1933, we now respectfully request that the qualification date of the Offering Statement be accelerated and that the offering statement be declared qualified September 21, 2016, at 10:00 AM or as soon thereafter as is reasonably practicable.
We acknowledge the following:
| • | should the Commission or the staff, acting pursuant to delegated authority, qualify the filing, it does not foreclose the Commission from taking any action with respect to the filing; |
| • | the action of the Commission or the staff, acting pursuant to delegated authority, in qualifying the filing, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and |
| • | the Company may not assert staff comments and/or qualification as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. |
| Fundrise Real Estate Investment Trust, LLC | |||
| By: | Fundrise Advisors, LLC, its manager | ||
| By: | /s/ Benjamin S. Miller | ||
| Name: | Benjamin S. Miller | ||
| Title: | Chief Executive Officer | ||
| cc: | Mark Schonberger, Esq. |
