GS Assets III LLC is a real estate fund based in Pismo Beach, California. According to its most recent Form D, filed Apr 22, 2025, it has sold $1,125,000 of interests to 2 investors since its first sale in Apr 2025. The minimum investment it accepts from an outside investor is $900,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Gary Grossman.
- Total raised
- $1,125,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Apr 9, 2025
- Minimum investment
- $900,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gary Grossman
- Latest Form D
- Apr 22, 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 GS Assets III LLC
What is the minimum investment for GS Assets III LLC?
According to its latest Form D, filed Apr 22, 2025, the minimum investment GS Assets III LLC accepts from an outside investor is $900,000.
Who can invest in GS Assets III LLC?
GS Assets III LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has GS Assets III LLC raised?
GS Assets III LLC reports $1,125,000 sold from 2 investors on its Form D filed Apr 22, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is GS Assets III LLC based?
GS Assets III LLC is based in Pismo Beach, California.
When did GS Assets III LLC launch?
GS Assets III LLC reports its first sale in Apr 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 51% of the 1,092 real estate funds based in California, and more than 35% of all 7,351 that report sales.