0001104659-20-078698.txt : 20200630 0001104659-20-078698.hdr.sgml : 20200630 20200630123516 ACCESSION NUMBER: 0001104659-20-078698 CONFORMED SUBMISSION TYPE: 253G2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200630 DATE AS OF CHANGE: 20200630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Fundrise Growth eREIT III, LLC CENTRAL INDEX KEY: 0001758744 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 832162909 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 253G2 SEC ACT: 1933 Act SEC FILE NUMBER: 024-10926 FILM NUMBER: 201001505 BUSINESS ADDRESS: STREET 1: 11 DUPONT CIRCLE NW STREET 2: 9TH FL CITY: WASHINGTON STATE: DC ZIP: 20036 BUSINESS PHONE: 2025840550 MAIL ADDRESS: STREET 1: 11 DUPONT CIRCLE NW STREET 2: 9TH FL CITY: WASHINGTON STATE: DC ZIP: 20036 253G2 1 tm2023658dps_253g2.htm 253G2

 

 

 

Filed Pursuant to Rule 253(g)(2)

File No. 024-10926

Fundrise Growth eREIT III, LLC

 

SUPPLEMENT NO. 3 DATED June 30, 2020

TO THE OFFERING CIRCULAR DATED March 11, 2020

 

This document supplements, and should be read in conjunction with, the offering circular of Fundrise Growth eREIT III, LLC (“we”, “our” or “us”), dated March 11, 2020 and filed by us with the Securities and Exchange Commission (the “Commission”) on March 11, 2020 (the “Offering Circular”). Unless otherwise defined in this supplement, capitalized terms used in this supplement shall have the same meanings as set forth in the Offering Circular.

 

The purpose of this supplement is to disclose:

  • Declaration of dividend.

Declaration of Dividend

 

On June 29, 2020, the Manager of the Company declared a daily distribution of $0.0004109589 per share (the “July 2020 Daily Distribution Amount”) (which equates to approximately 1.50% on an annualized basis calculated at the current rate, assuming a $10.00 per share purchase price) for shareholders of record as of the close of business on each day of the period commencing on July 1, 2020 and ending on July 31, 2020 (the “July 2020 Distribution Period”). The distributions will be payable to shareholders of record as of the close of business on each day of the July 2020 Distribution Period and the distributions are scheduled to be paid prior to October 21, 2020. While the Company's Manager is under no obligation to do so, the annualized basis return assumes that the Manager will declare distributions in the future similar to the distributions disclosed herein.