IPO - Fundrise Income Real Estate Fund, LLC

Form Type: 486BPOS

Filing Date: 2025-04-25

Corporate Action: Ipo

Type: New

Accession Number: 000121390025035452

Filing Summary: Fundrise Income Real Estate Fund, LLC has filed a Registration Statement under the Securities Act, including a Post-Effective Amendment No. 6, to register its common shares of limited liability company interests as it operates as a closed-end management investment company registered under the Investment Company Act of 1940. This filing reflects the fund's intention to offer shares on a continuous basis and become effective on May 1, 2025, allowing for an initial public offering (IPO). The fund is organized as a non-diversified 'interval fund' and will offer shares at net asset value (NAV). The primary investment objective is to generate current income through various real estate investments while preserving capital, which may include investments in cash flowing properties, real estate loans, and securities linked to real estate. The Fundrise mission emphasizes leveraging technology to improve investment efficiency in real estate and alternative assets, targeting long-term investors while acknowledging the limited liquidity of shares due to the fund's structure. Comprehensive risk management strategies are proposed by the Fund's Adviser, Fundrise Advisors, LLC, which operates under oversight from the Fund's Board of Directors.