Predf III REIT, LLC
Predf III REIT, LLC is a real estate fund based in Des Moines, Iowa. According to its most recent Form D, filed Feb 10, 2020, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2020. 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 Principal Real Estate Debt Fund III, LP; Principal Real Estate Investors, LLC.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 27, 2020
- 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
- Principal Real Estate Debt Fund III, LP; Principal Real Estate Investors, LLC
- Latest Form D
- Feb 10, 2020
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 Predf III REIT, LLC
What is the minimum investment for Predf III REIT, LLC?
According to its latest Form D, filed Feb 10, 2020, the minimum investment Predf III REIT, LLC accepts from an outside investor is $1,000.
Who can invest in Predf III REIT, LLC?
Predf 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 Predf III REIT, LLC raised?
Predf III REIT, LLC reports $125,000 sold from 125 investors on its Form D filed Feb 10, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Predf III REIT, LLC based?
Predf III REIT, LLC is based in Des Moines, Iowa.
When did Predf III REIT, LLC launch?
Predf III REIT, LLC reports its first sale in Jan 2020.
Size compared with every real estate fund
Raised more than 55% of the 51 real estate funds based in Iowa, and more than 8% of all 7,350 that report sales.