GCP PropCo III LLC is a real estate fund based in Bozeman, Montana. According to its most recent Form D, filed Jun 27, 2025, it has sold $875,000 of interests since its first sale in Jan 2025. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Bryan Dunn.
- Total raised
- $875,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Jan 9, 2025
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Bryan Dunn
- Latest Form D
- Jun 27, 2025
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 GCP PropCo III LLC
What is the minimum investment for GCP PropCo III LLC?
According to its latest Form D, filed Jun 27, 2025, the minimum investment GCP PropCo III LLC accepts from an outside investor is $25,000.
Who can invest in GCP PropCo III LLC?
GCP PropCo III LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has GCP PropCo III LLC raised?
GCP PropCo III LLC reports $875,000 sold on its Form D filed Jun 27, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is GCP PropCo III LLC based?
GCP PropCo III LLC is based in Bozeman, Montana.
When did GCP PropCo III LLC launch?
GCP PropCo III LLC reports its first sale in Jan 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 28% of the 18 real estate funds based in Montana, and more than 31% of all 7,351 that report sales.