Commerce 635 III, LLC is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Oct 13, 2020, it has sold $125,000 of interests to 125 investors since its first sale in Sep 2020. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Toby Rogers; Timothy Kinnear; Michele Ringnald.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Sep 25, 2020
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Toby Rogers; Timothy Kinnear; Michele Ringnald
- Latest Form D
- Oct 13, 2020
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Commerce 635 III, LLC
What is the minimum investment for Commerce 635 III, LLC?
According to its latest Form D, filed Oct 13, 2020, the minimum investment Commerce 635 III, LLC accepts from an outside investor is $1,000.
Who can invest in Commerce 635 III, LLC?
Commerce 635 III, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Commerce 635 III, LLC raised?
Commerce 635 III, LLC reports $125,000 sold from 125 investors on its Form D filed Oct 13, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Commerce 635 III, LLC based?
Commerce 635 III, LLC is based in Dallas, Texas.
When did Commerce 635 III, LLC launch?
Commerce 635 III, LLC reports its first sale in Sep 2020.
Size compared with every real estate fund
Raised more than 32% of the 1,418 real estate funds based in Texas, and more than 8% of all 7,322 that report sales.