United States securities and exchange commission logo May 26, 2022 Benjamin S. Miller Chief Executive Officer Rise Companies Corp 11 Dupont Circle NW, 9th Floor Washington, DC 20036 Re: Rise Companies Corp Amended Offering Statement on Form 1-A Filed May 20, 2022 File No. 024-11149 Dear Mr. Miller: This is to advise you that we do not intend to review your amendment. We will consider qualifying your offering statement at your request. If a participant in your offering is required to clear its compensation arrangements with FINRA, please have FINRA advise us that it has no objections to the compensation arrangements prior to qualification. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Catherine De Lorenzo at 202-551-4079 or Ruairi Regan at 202-551- 3269 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Mark Schonberger, Esq.