Fundrise eREIT, LLC to acquire Fundrise Development eREIT, LLC

Fundrise eREIT, LLC and Fundrise Development eREIT, LLC have agreed to merge in a transaction classified as a merger of equals within the US real estate sector. The deal structure involves an exchange of shares as the primary form of consideration between the two entities. Although the specific financial value of the transaction was not disclosed, the agreement was formally announced on 4 May 2026, following the completion of the merger on 29 April 2026. Both parties are based in the United States, and the consolidation represents a significant structural change for the combined organisation.

The transaction has been completed, marking the formal integration of the two separate investment vehicles into a single operational entity. This development concludes the regulatory and administrative processes required to finalise the merger. The combined entity will now operate under the unified structure established by the agreement. The transaction is subject to regulatory approval.