Form D · Commercial
ExchangeRight Net Leased Preferred Equity Fund 5, LLC
Pasadena, CA · CIK 0001823654
Offering snapshot reported Jan 29, 2024 · SEC filing
- Reported sold
- $57.4M Offering amount: $75M
- Investors reported
- 256 Form D · investor count
- Minimum accepted
- $50K Reported outside-investor minimum
- First sale
- Oct 2, 2020 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$35,000,000 → $57,442,104
- Reported investors35 → 256
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jan 29, 2024 | Amendment | $57,442,104 | $22,442,104vs Sep 21, 2022 | 256 | SEC filing |
| Sep 21, 2022 | Amendment | $35,000,000 | No comparison | 35 | SEC filing |
| Sep 8, 2020 | Initial | Yet to sell | No comparison | 0 | SEC filing |
Offering details
- Securities
- Equity
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $1.13M (estimated)
- Finders' fees
- $0
- Form D file number
- 021-375006
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Lighthouse Capital Group LLC | 169135 | |
| Emerson Equity LLC | 130032 | |
| Great Point Capital LLC | 114203 | |
| McDermott Investment Services, LLC | 154926 |
Source: Form D, filed Jan 29, 2024. 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 |
|---|---|
| David Fisher | Executive |
| Warren Thomas | Executive |
| Joshua Ungerecht | Executive |
Issuer details
Industry: Commercial (See others in industry)
Address:
1055 E. Colorado Blvd., Suite 310
Pasadena, CA, 91106
Pasadena, CA, 91106