MC P3 40, LLC is a real estate fund based in Weston, Wisconsin. According to its most recent Form D, filed Jul 24, 2025, it has sold $900,000 of interests since its first sale in Jul 2025. The minimum investment it accepts from an outside investor is $25,000. 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 Dakota Karlen; Owen Jones.
- Total raised
- $900,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Jul 10, 2025
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Dakota Karlen; Owen Jones
- Latest Form D
- Jul 24, 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 MC P3 40, LLC
What is the minimum investment for MC P3 40, LLC?
According to its latest Form D, filed Jul 24, 2025, the minimum investment MC P3 40, LLC accepts from an outside investor is $25,000.
Who can invest in MC P3 40, LLC?
MC P3 40, 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 MC P3 40, LLC raised?
MC P3 40, LLC reports $900,000 sold on its Form D filed Jul 24, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is MC P3 40, LLC based?
MC P3 40, LLC is based in Weston, Wisconsin.
When did MC P3 40, LLC launch?
MC P3 40, LLC reports its first sale in Jul 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 36% of the 129 real estate funds based in Wisconsin, and more than 31% of all 7,350 that report sales.