Form D · Other Investment Fund

MOSAIC REAL ESTATE CREDIT TE, LLC

Calabasas, CA · CIK 0001686215

Offering snapshot reported Feb 10, 2021 · SEC filing

Reported sold: $163M
Investors reported: 925
Minimum accepted: $0
First sale: Oct 1, 2016

Fundraising history

Reported sold

Dates 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$142,110,186 → $163,189,753
Reported investors877 → 925

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Feb 10, 2021	Amendment	$163,189,753	$21,079,567vs Feb 13, 2020	925	SEC filing
Feb 13, 2020	Amendment	$142,110,186	$129,360,186vs Oct 11, 2016	877	SEC filing
Feb 13, 2019	Amendment	$96,221,558	$83,471,558vs Oct 11, 2016	606	SEC filing
Oct 11, 2017	Amendment	$45,267,019	$32,517,019vs Oct 11, 2016	279	SEC filing
Oct 11, 2016	Initial	$12,750,000	No comparison	78	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.5
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-272131

The Issuer does not directly incur any sales commissions; any sales commissions are deemed as a reduction of any incentive allocation payable to the Manager or incurred directly by the Manager.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
CAIS Capital LLC	154512	CAIS Capital LLC · CRD 154512

Source: Form D, filed Feb 10, 2021. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

MOSAIC REAL ESTATE CREDIT TE, LLC

Investment adviser: MREC MANAGEMENT, LLC

Gross asset value: $176M
Beneficial owners: 913
ADV minimum commitment: $100K

Reported in Form ADV on Mar 28, 2022. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG LLP LOS ANGELES, California, United States

Custodian FIRST REPUBLIC BANK SAN FRANCISCO, California, United States Related to adviser: No

Custodian WELLS FARGO CORPORATE TRUST SERVICES MINNEAPOLIS, Minnesota, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG LLP
PCAOB 185

Filing source

Form ADV 1620001 · Mar 28, 2022 · Schedule D 7.B.(1), fund 805-3281767812

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

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.

People and organizations reported in Form D filings
Name	Reported role
James Bohan	Executive
N/A Jul Jak, Llc	Executive
Mosaic Real Estate Investors, Llc	Executive
N/A Mosaic Real Estate Investors, Llc	Executive
N/A Mrec Management, Llc	Executive
Mrec Management, Llc	Executive
Sunny Parmar	Executive
Ethan Penner	Executive
Vicky Schiff	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

4500 Park Granada, Suite 204
Calabasas, CA, 91302