Miller Time

If you think Ben Miller is just riding famous father Herb's coattails, think again. Fundrise, and the crowd-sourcing means of real estate funding his firm represents, is picking up serious steam across the nation. And that's why we're excited to have him as a speaker at our 5th Annual Washington Real Estate Summit May 7 at the Wardman Park.

Before co-founding Fundrise in 2010 with brother Dan, UPenn grad Ben helped acquire, develop, and finance more than $500M worth of deals at both WestMill Capital and Western Development. His latest venture allows the public to invest in both existing projects and ground-up development. Ben says his team is raising nearly a million dollars a week for its offerings, many of which are in hot markets like Brooklyn, Austin, and Philly. He tells us Fundrise just launched new offerings in Chapel Hill, NC (a net-leased CVS right near UNC) as well as in Michigan (a home builder lending program).

The District has taken notice, awarding development rights to its 965 Florida Ave project to a team comprised of MRP Realty, Ellis Development, and Fundrise. Ben and company have raised nearly $1M toward the project, a 370k SF mixed-use project, with apartments and ground-floor retail. Click here for more info on the May 7 event featuring Ben, mayoral candidate Muriel Bowser, Brookfield Office CEO Mitch Rudin, Black Entertainment Television founder and now major hotel magnate Bob Johnson, and many more top players. (We're crowd-sourcing our drink menu: do you want coffee, or coffee?)

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

270-Unit Manassas Gated Community Sells: The D.C. Deal Sheet

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines