MCRE Development, LLC is a real estate fund based in Salt Lake City, Utah. According to its most recent Form D, filed Oct 23, 2026, it has sold $2,500,000 of interests to 1 investor since its first sale in Oct 2026. The minimum investment it accepts from an outside investor is $100,000. 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 David Phipps.
- Total raised
- $2,500,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Oct 16, 2026
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Phipps
- Latest Form D
- Oct 23, 2026
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 MCRE Development, LLC
What is the minimum investment for MCRE Development, LLC?
According to its latest Form D, filed Oct 23, 2026, the minimum investment MCRE Development, LLC accepts from an outside investor is $100,000.
Who can invest in MCRE Development, LLC?
MCRE Development, 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 MCRE Development, LLC raised?
MCRE Development, LLC reports $2,500,000 sold from 1 investor on its Form D filed Oct 23, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is MCRE Development, LLC based?
MCRE Development, LLC is based in Salt Lake City, Utah.
When did MCRE Development, LLC launch?
MCRE Development, LLC reports its first sale in Oct 2026, 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 58% of the 226 real estate funds based in Utah, and more than 50% of all 7,322 that report sales.