Prosper RED IV, LLC is a real estate fund based in Lehi, Utah. According to its most recent Form D, filed Jan 6, 2025, it has sold $3,819,000 of interests to 19 investors since its first sale in Nov 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Ty Hansen.
- Total raised
- $3,819,000Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Nov 19, 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
- Jan 6, 2025
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 IV, LLC
What is the minimum investment for Prosper RED IV, LLC?
According to its latest Form D, filed Jan 6, 2025, the minimum investment Prosper RED IV, LLC accepts from an outside investor is $100,000.
Who can invest in Prosper RED IV, LLC?
Prosper RED IV, 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 IV, LLC raised?
Prosper RED IV, LLC reports $3,819,000 sold from 19 investors on its Form D filed Jan 6, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Prosper RED IV, LLC based?
Prosper RED IV, LLC is based in Lehi, Utah.
When did Prosper RED IV, LLC launch?
Prosper RED IV, LLC reports its first sale in Nov 2024, 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 67% of the 229 real estate funds based in Utah, and more than 60% of all 7,350 that report sales.