Form D · Other Real Estate
Merchants Capital Tax Credit Equity Fund 25, LLC
Carmel, IN · CIK 0002074093
Offering snapshot reported Jun 25, 2025 · SEC filing
- Reported sold
- $66M Offering amount: $66M
- Investors reported
- 4 Form D · investor count
- Minimum accepted
- $1.5M Reported outside-investor minimum
- First sale
- Jun 10, 2025 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Jun 25, 2025 | Initial | $66,000,000 | No comparison | 4 | SEC filing |
Offering details
- Securities
- Equity
- Exemptions
- 06b
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-549755
Source: Form D, filed Jun 25, 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 |
|---|---|
| Michael Dury | Executive |
| Linda Hill | Executive |
| N/A Mci Fund 25 Manager, Llc | Promoter |
| N/A Merchants Bank Of Indiana | Promoter |
| N/A Merchants Capital Investments, Llc | Promoter |
| Christopher Messman | Executive |
| Terry Oznick | Executive |
| Julie Sharp | Executive |
| Ryan Thompson | Executive |
Issuer details
Industry: Other Real Estate (See others in industry)
Address:
410 Monon Blvd.
Carmel, IN, 46032
Carmel, IN, 46032