Pref III REIT
Pref III REIT is a real estate fund based in Miami Beach, Florida. According to its most recent Form D, filed Jan 3, 2019, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2019. 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 Alexander Hurst.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 1, 2019
- 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
- Alexander Hurst
- Latest Form D
- Jan 3, 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 Pref III REIT
What is the minimum investment for Pref III REIT?
According to its latest Form D, filed Jan 3, 2019, the minimum investment Pref III REIT accepts from an outside investor is $1,000.
Who can invest in Pref III REIT?
Pref III REIT 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 Pref III REIT raised?
Pref III REIT reports $125,000 sold from 125 investors on its Form D filed Jan 3, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Pref III REIT based?
Pref III REIT is based in Miami Beach, Florida.
When did Pref III REIT launch?
Pref III REIT reports its first sale in Jan 2019.
Size compared with every real estate fund
Raised more than 28% of the 618 real estate funds based in Florida, and more than 8% of all 7,350 that report sales.