Form D · Other Real Estate
Meritex Industrial Fund V, LLC
Minneapolis, MN · CIK 0002053336
Offering snapshot reported Jan 29, 2025 · SEC filing
- Reported sold
- $77.7M Offering amount: $150M
- Investors reported
- 33 Form D · investor count
- Minimum accepted
- $100K Reported outside-investor minimum
- First sale
- Jan 16, 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 |
|---|---|---|---|---|---|
| Jan 29, 2025 | Initial | $77,667,500 | No comparison | 33 | SEC filing |
Offering details
- Securities
- Equity
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-536741
Total Offering Amount is total amount of aggregate securities of the Issuers, together. Total Amount Sold represents aggregate dollar amount sold by the Issuers, collectively. Total Offering Amount may be increased by up to an additional $50,000,000
A $60,000 retention fee has been paid by the Manager of the issuers as of the date of filing. All commissions and fees will be paid by the Manager of the Issuers, and not from the proceeds of the offering of either Issuer.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Simon (Sam) DeVore | 6392849 | BA Securities, LLC · CRD 153489 |
| RCX Capital Group, LLC | 114290 | Chase Nystedt · CRD 6309941 |
Source: Form D, filed Jan 29, 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 |
|---|---|
| Simon (Sam) De Vore | Promoter |
| Thomas F. Hotovec | Executive |
| Raymond E. Kivett | Executive |
| Harry (Paddy) G. Mc Neely Iii | Director |
| Chase Nystedt | Promoter |
| Arvid A. Povilaitis | Executive |
| Mark C. Spotts | Executive |
Issuer details
Industry: Other Real Estate (See others in industry)
Address:
10 Second Street Ne Suite 400
Minneapolis, MN, 55413
Minneapolis, MN, 55413