v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 5,000 $ 5,000 [1]
Other Receivable, after Allowance for Credit Loss, Related Party [Extensible Enumeration] Due from related party  
Derivative financial instruments $ 4,000  
Total Assets $ 5,000 5,000 [1]
Liabilities:    
Accounts Payable, Related Party [Extensible Enumeration] Due to related party  
Commitments and Contingencies
Members’ Equity:    
Total Liabilities and Members’ Equity 5,000 5,000 [1]
Fundrise Equity REIT, LLC    
ASSETS    
Cash and cash equivalents 14,350,000 33,867,000
Restricted cash 3,069,000 3,923,000
Other assets, net 772,000 1,104,000
Due from related party 17,006,000 16,803,000
Intangible lease assets, net 5,007,000 5,221,000
Derivative financial instruments 4,000 22,000
Carrying Amount 12,777,000 12,616,000
Equity securities 20,631,000 1,163,000
Investments in equity method investees, net 60,668,000 61,231,000
Investments in rental real estate properties, net 137,193,000 137,920,000
Investments in real estate held for improvement 1,078,000 1,075,000
Total Assets 272,555,000 274,945,000
Liabilities:    
Accounts payable and accrued expenses 1,955,000 4,342,000
Due to related party 1,584,000 1,741,000
Distributions payable 11,000 11,000
Redemptions payable 20,000 31,000
Rental security deposits and other liabilities 335,000 449,000
Mortgages payable, net 74,686,000 74,651,000
Total Liabilities 78,591,000 81,225,000
Commitments and Contingencies
Members’ Equity:    
Common shares, net of redemptions; unlimited shares authorized; 23,649,384 shares issued and 14,573,663 shares outstanding as of both March 31, 2026 and December 31, 2025 174,580,000 174,831,000
Retained earnings and cumulative distributions 19,384,000 18,889,000
Total Members’ Equity 193,964,000 193,720,000
Total Liabilities and Members’ Equity $ 272,555,000 $ 274,945,000
[1] Derived from audited financials