Question 1

How do I start investing with Rise Select?

Accepted Answer

Simply share your contact details in our chatbox, and our investment team will reach out to guide you through available opportunities and answer your questions.

Question 2

Who is eligible to invest with Rise Select?

Accepted Answer

We welcome accredited investors, as defined by the U.S. Securities and Exchange Commission (SEC). Accredited investors meet specific criteria to ensure they understand and can manage the risks of private investments.

Question 3

What investment options does Rise Select offer?

Accepted Answer

We offer three investment options: the traditional syndicate model, which provides preferred returns and profit sharing upon property sale; the Rise Select Equity Fund, a diversified portfolio investment; and the Rise Select Note Fund, a promissory note paying monthly interest. Contact our team for more details.

Question 4

Where are you located?

Accepted Answer

Our headquarters is located in Hopkins, Minnesota. Our portfolio spans across multiple states.

Question 5

Can I reinvest the returns back into the property?

Accepted Answer

Since excess cash flows are distributed to investors, reinvestment in the same property isn’t an option. That said, many investors choose to reinvest their returns into our future offerings. If you choose to invest in the Rise Equity Fund, your proceeds will be reinvested into multiple properties over a 10 year period.

Question 6

How do I withdraw funds?

Accepted Answer

As a limited partner, you cannot withdraw any amount on demand. You will receive preferred returns when the management team is able to distribute funds, either from the operational cash flow or when the property is sold. You should not invest any funds that you may need at any particular time.

Question 7

Will you reinvest the proceeds from the sale of one property into another?

Accepted Answer

It depends. If you have invested directly into one of our properties, there may be an opportunity to reinvest the proceeds into another using the 1031 exchange provision of the tax code. As we approach a disposition, we may inquire with investors and assess upcoming acquisitions to determine if a 1031 exchange is feasible. If you invest in the Rise Select Equity Fund, your funds are automatically reinvested upon sale of a property throughout the term of the fund.

Question 8

Do unpaid preferred returns get interest?

Accepted Answer

No. The preferred returns are cumulative but not compounding. Limited partners accrue preferred returns from day 1, but returns will not be paid until the property has stabilized and returns do not earn interest. The preferred returns are not guaranteed and will be paid only when funds are available. Rise as general partner will not receive any share of profits until all accrued preferred returns and the original investment are returned to the investors.

Question 9

What qualifies someone as an accredited investor?

Accepted Answer

Individuals qualify as accredited investors if they meet specific financial or professional criteria. Financially, this includes a net worth over $1 million (excluding primary residence) or an income exceeding $200,000 individually ($300,000 with a spouse) for the past two years. Professionally, this includes holding certain securities licenses or being a director, executive officer, or general partner of the company offering securities. Entities qualify if they own investments or assets exceeding $5 million or if all equity owners are accredited investors. For detailed criteria, visit the SEC's accredited investor guidelines.

Rise FAQs

Frequently asked questions