Prosper RED VII, LLC is a real estate fund based in Lehi, Utah. According to its most recent Form D, filed May 16, 2025, it has sold $2,570,500 of interests to 33 investors since its first sale in Apr 2025. The minimum investment it accepts from an outside investor is $50,000. 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
- $2,570,500Cumulative sales reported on Form D
- Investors
- 33
- First sale
- Apr 9, 2025
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ty Hansen
- Latest Form D
- May 16, 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 VII, LLC
What is the minimum investment for Prosper RED VII, LLC?
According to its latest Form D, filed May 16, 2025, the minimum investment Prosper RED VII, LLC accepts from an outside investor is $50,000.
Who can invest in Prosper RED VII, LLC?
Prosper RED VII, 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 VII, LLC raised?
Prosper RED VII, LLC reports $2,570,500 sold from 33 investors on its Form D filed May 16, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Prosper RED VII, LLC based?
Prosper RED VII, LLC is based in Lehi, Utah.
When did Prosper RED VII, LLC launch?
Prosper RED VII, LLC reports its first sale in Apr 2025, 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 59% of the 228 real estate funds based in Utah, and more than 51% of all 7,321 that report sales.