Crowdfunding company Fundrise is launching two new real estate investment trusts, filings with the Securities and Exchange Commission show. The two trusts, Fundrise West Coast Opportunistic REIT and Fundrise East Coast Opportunistic REIT, seek to raise up to $50 million each to invest in real estate development projects and multifamily properties on both coasts. Fundrise already runs two REITs: Fundrise Real Estate Investment Trust, which invests in real estate debt, and Fundrise Equity REIT.