Filed Pursuant to Rule 253(g)(2)
File No. 024-10843
Fundrise Growth eREIT II, LLC
SUPPLEMENT NO. 7 DATED October 1, 2020
TO THE OFFERING CIRCULAR DATED March 11, 2020
This document supplements, and should be read in conjunction with, the offering circular of Fundrise Growth eREIT II, LLC (“we”, “our” or “us”), dated March 11, 2020 and filed by us with the Securities and Exchange Commission (the “Commission”) on March 11, 2020 (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:
Declaration of Dividend
On October 1, 2020, the Manager of the Company declared a daily distribution of $0.0006849315 per share (the “October 2020 Daily Distribution Amount”) (which equates to approximately 2.49% on an annualized basis calculated at the current rate, assuming a $10.06 per share purchase price) for shareholders of record as of the close of business on each day of the period commencing on October 2, 2020 and ending on October 31, 2020 (the “October 2020 Distribution Period”). The distributions will be payable to shareholders of record as of the close of business on each day of the October 2020 Distribution Period and the distributions are scheduled to be paid prior to January 21, 2021. While the Company's Manager is under no obligation to do so, the annualized basis return assumes that the Manager will declare distributions in the future similar to the distributions disclosed herein.
