AltMountain

NextMed III, LLC

Carlsbad, CA · CIK 1768184
Status: no Form D since Feb 2019. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

NextMed III, LLC is a real estate fund based in Carlsbad, California. According to its most recent Form D, filed Feb 15, 2019, it has sold $13,490,000 of interests to 26 investors since its first sale in Oct 2018. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Rodney Sacks; Hilton Schlosberg; Scott Leggett.

Total raised
$13,490,000Cumulative sales reported on Form D
Investors
26
First sale
Oct 18, 2018
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Rodney Sacks; Hilton Schlosberg; Scott Leggett
Latest Form D
Feb 15, 2019

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 NextMed III, LLC

What is the minimum investment for NextMed III, LLC?

NextMed III, LLC's latest Form D, filed Feb 15, 2019, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in NextMed III, LLC?

NextMed 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 NextMed III, LLC raised?

NextMed III, LLC reports $13,490,000 sold from 26 investors on its Form D filed Feb 15, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is NextMed III, LLC based?

NextMed III, LLC is based in Carlsbad, California.

When did NextMed III, LLC launch?

NextMed III, LLC reports its first sale in Oct 2018.

Size compared with every real estate fund

Raised more than 83% of the 1,089 real estate funds based in California, and more than 83% of all 7,316 that report sales.

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