Scale Lending REIT 3 LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Jan 10, 2025, it has sold $77,000 of interests to 70 investors since its first sale in Jan 2025. The minimum investment it accepts from an outside investor is $1,100. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Alexander Popov; Martin Nussbaum.
- Total raised
- $77,000Cumulative sales reported on Form D
- Investors
- 70
- First sale
- Jan 7, 2025
- Minimum investment
- $1,100
- 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 Popov; Martin Nussbaum
- Latest Form D
- Jan 10, 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 Scale Lending REIT 3 LLC
What is the minimum investment for Scale Lending REIT 3 LLC?
According to its latest Form D, filed Jan 10, 2025, the minimum investment Scale Lending REIT 3 LLC accepts from an outside investor is $1,100.
Who can invest in Scale Lending REIT 3 LLC?
Scale Lending REIT 3 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 Scale Lending REIT 3 LLC raised?
Scale Lending REIT 3 LLC reports $77,000 sold from 70 investors on its Form D filed Jan 10, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Scale Lending REIT 3 LLC based?
Scale Lending REIT 3 LLC is based in New York, New York.
When did Scale Lending REIT 3 LLC launch?
Scale Lending REIT 3 LLC reports its first sale in Jan 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 20% of the 811 real estate funds based in New York, and more than 4% of all 7,351 that report sales.