Form D · Other Real Estate
Blue Owl Real Estate Exchange III DST
Chicago, IL · CIK 0002068898
Offering snapshot reported Oct 23, 2025 · SEC filing
- Reported sold
- $97.4M Offering amount: $103M
- Investors reported
- 101 Form D · investor count
- Minimum accepted
- $250K Reported outside-investor minimum
- First sale
- May 29, 2025 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$87,712,845 → $97,382,324
- Reported investors89 → 101
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Oct 23, 2025 | Amendment | $97,382,324 | $9,669,479vs Sep 11, 2025 | 101 | SEC filing |
| Sep 11, 2025 | Amendment | $87,712,845 | No comparison | 89 | SEC filing |
| Aug 28, 2025 | Amendment | $73,646,070 | No comparison | 71 | SEC filing |
| Jul 31, 2025 | Amendment | $44,774,942 | $3,980,716vs Jul 24, 2025 | 42 | SEC filing |
| Jul 24, 2025 | Amendment | $40,794,226 | $10,709,775vs Jul 11, 2025 | 37 | SEC filing |
| Jul 11, 2025 | Amendment | $30,084,451 | $13,458,074vs Jun 26, 2025 | 25 | SEC filing |
| Jun 26, 2025 | Amendment | $16,626,377 | $7,784,079vs Jun 11, 2025 | 19 | SEC filing |
| Jun 11, 2025 | Initial | $8,842,298 | No comparison | 11 | SEC filing |
Offering details
- Securities
- Equity
- Exemptions
- 06b
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $6.18M (estimated)
- Finders' fees
- $0 (estimated)
- Form D file number
- 021-548691
Regarding Item 11, the Issuer may accept smaller investments in the Sponsor's sole discretion.
Sales Commissions include estimates of the maximum amount of the Upfront Sales Load that may be paid for the entire offering.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| RBC Capital Markets, LLC | 31194 | |
| Roger Bowlin | 1905652 | Aurora Securities · CRD 46147 |
| Cheryl L. Young | 3065471 | Rockefeller Financial LLC · CRD 291361 |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | 7691 | |
| JR Broadbent | 3132498 | DFPG Investments, LLC · CRD 155576 |
| David Maurer | 3236029 | MML Investors Services, LLC · CRD 10409 |
| Gregory Avallon | 5432689 | MML Investors Services, LLC · CRD 10409 |
| McKenna Duncan | 7310472 | Realized Financial, Inc. · CRD 22333 |
| Lauren Loucks | 6418285 | DFPG Investments, LLC · CRD 155576 |
| Tim Whipple | 2829688 | DFPG Investments, LLC · CRD 155576 |
Source: Form D, filed Oct 23, 2025. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| N/A Blue Owl Real Estate Exchange Depositor Llc | Executive |
| N/A Blue Owl Real Estate Exchange Dst Manager Llc | Executive |
| N/A Blue Owl Real Estate Exchange Llc | Executive |
| Neena Reddy | Executive |
Issuer details
Industry: Other Real Estate (See others in industry)
Address:
150 N. Riverside Plaza 37 Th Floor
Chicago, IL, 60606
Chicago, IL, 60606