FundriseReviews of fundrise.com

Ripe off scam company

I am filing a formal complaint against Fundrise regarding the delay and lack of resolution in processing my request for full redemption/liquidation of my investment. I initially submitted a redemption request in August of last year. At that time, I was informed that such requests are processed at the end of a quarter, and I would need to wait. When I followed up, I was then told the delay was due to a merger, and that I would need to wait further and resubmit my request after the process was complete. Since then, I have made multiple attempts—via phone calls and emails—to recover my funds. Each time, I have received the same explanation citing the merger, with no clear timeline or resolution provided. It is now April, well beyond another quarter, and I still have not received my funds. Today, when I attempted to submit another redemption request, I was met with a message stating that I have no shareholdings available for redemption. This is both confusing and concerning, as my investment of approximately $500 (made in 2018, with minimal returns) appears to be unaccounted for. This situation has been extremely frustrating due to the prolonged delays, lack of transparency, and now the apparent disappearance of my redeemable shares. I am requesting immediate clarification regarding the status of my investment and that my funds be released without further delay. If there are any issues affecting my account or shareholdings, I expect a clear and prompt explanation. Thank you for your attention to this matter.

The returns are minimal at best. The process to liquidate and withdraw your funds are difficult to navigate. These business practices should be more heavily monitored and regulated.

It is a terrible company to invest your money. Just becareful. All my money is gone or transferred where I wont be able to access.

WHEN YOU TRY AND SELL YOUR SHARES FUNDRISE MAKES EXCUSES LIKE, THEY ARE MERGING, IT HAS BE APPROVED, OR IT'S IN THE REDEMPTION PERIOD..JUST TO KEEP YOUR MONEY AND NOT GIVE IT BACK! IF YOUR A CURRENT SHAREHOLDER YOUR NOT GOING TO GET YOUR MONEY BACK...

I've invested $29,000 with Fundrise 5 years ago. They lie about performance, they overcharge on fees, they make it near impossible to get your money out, and charge huge penalties.

I invested 150K into an opportunity fund and I've lost and my return has been 8.8% in the negative. It's going on almost 10 years and all I get is the run arround with no solid answers.

Not a happy camper regarding their fund's public offering. They transferred my funds to a third party. I am currently locked out of accessing those funds, despite providing my identity to their third party. I will never invest another dime