Prosper RED III, LLC
Prosper RED III, LLC is a real estate fund based in Lehi, Utah. According to its most recent Form D, filed Nov 1, 2024, it has sold $4,760,000 of interests to 16 investors since its first sale in Oct 2024. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Ty Hansen.
- Total raised
- $4,760,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Oct 23, 2024
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ty Hansen
- Latest Form D
- Nov 1, 2024
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 Prosper RED III, LLC
What is the minimum investment for Prosper RED III, LLC?
According to its latest Form D, filed Nov 1, 2024, the minimum investment Prosper RED III, LLC accepts from an outside investor is $100,000.
Who can invest in Prosper RED III, LLC?
Prosper RED 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 Prosper RED III, LLC raised?
Prosper RED III, LLC reports $4,760,000 sold from 16 investors on its Form D filed Nov 1, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Prosper RED III, LLC based?
Prosper RED III, LLC is based in Lehi, Utah.
When did Prosper RED III, LLC launch?
Prosper RED III, LLC reports its first sale in Oct 2024.
Size compared with every real estate fund
Raised more than 70% of the 229 real estate funds based in Utah, and more than 64% of all 7,350 that report sales.