Lso III REIT, LLC
Lso III REIT, LLC is a real estate fund based in Plymouth, Massachusetts. According to its most recent Form D, filed Jul 12, 2023, it has sold $125,000 of interests to 125 investors since its first sale in Jun 2023. 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 Glenn Gistis; Michael Sullivan; Chris Gistis.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jun 29, 2023
- 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
- Glenn Gistis; Michael Sullivan; Chris Gistis
- Latest Form D
- Jul 12, 2023
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 Lso III REIT, LLC
What is the minimum investment for Lso III REIT, LLC?
According to its latest Form D, filed Jul 12, 2023, the minimum investment Lso III REIT, LLC accepts from an outside investor is $1,000.
Who can invest in Lso III REIT, LLC?
Lso III REIT, 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 Lso III REIT, LLC raised?
Lso III REIT, LLC reports $125,000 sold from 125 investors on its Form D filed Jul 12, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Lso III REIT, LLC based?
Lso III REIT, LLC is based in Plymouth, Massachusetts.
When did Lso III REIT, LLC launch?
Lso III REIT, LLC reports its first sale in Jun 2023.
Size compared with every real estate fund
Raised more than 23% of the 213 real estate funds based in Massachusetts, and more than 8% of all 7,321 that report sales.