Form D · Private Equity Fund

Real Estate Senior Loan Access Fund 3 LP

West Conshohocken, PA · CIK 0001880991

Offering snapshot reported Mar 20, 2024 · SEC filing

Reported sold
$43.1M
Indefinite offering
Investors reported
97
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Nov 3, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$21.5M$43.1MSep 9, 2021Apr 18, 2023: $43,060,000.00Apr 18, 2023Mar 20, 2024: $43,060,000.00Mar 20, 2024

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.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 20, 2024Amendment$43,060,000No comparison97SEC filing
Apr 18, 2023Amendment$43,060,000No comparison99SEC filing
Sep 9, 2021InitialYet to sellNo comparisonNot reportedSEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-412860
Limited Partnership Interests

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
NoneNone

Source: Form D, filed Mar 20, 2024. 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

REAL ESTATE SENIOR LOAN ACCESS FUND 3, LP

Investment adviser: PPB ADVISORS, LLC

Gross asset value
$43.8M
Beneficial owners
96
ADV minimum commitment
$100K

Reported in Form ADV on Jan 24, 2023. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING OAK BROOK, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor SPICER CHICAGO, Illinois, United States
Custodian TD BANK KING OF PRUSSIA, Pennsylvania, 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

SPICER
PCAOB 344

Filing source

Form ADV 1704472 · Jan 24, 2023 · Schedule D 7.B.(1), fund 805-2845788419

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
NameReported role
Brendan W Lake Director
N/A N/A Ppb Advisors, Llc Executive
N/A N/A Ppb Greystone Sdo 3 Mgt., Llc Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
300 Barr Harbor Drive Suite 260
West Conshohocken, PA, 19428