Form D · Commercial

Sovereign Distressed RE Fund III, LLC

New York, NY · CIK 0001811543

Offering snapshot reported Dec 7, 2022 · SEC filing

Reported sold
$52.8M
Offering amount: $128M
Investors reported
497
Form D · investor count
Minimum accepted
$10K
Reported outside-investor minimum
First sale
May 14, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$26.4M$52.8MMay 8, 2020Feb 25, 2021: $14,454,167.00Feb 25, 2021Dec 9, 2021: $17,426,367.00Dec 9, 2021Dec 7, 2022: $52,821,327.00Dec 7, 2022

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$17,426,367 → $52,821,327
  • Reported investors137 → 497

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 7, 2022Amendment$52,821,327$35,394,960vs Dec 9, 2021497SEC filing
Dec 9, 2021Amendment$17,426,367$2,972,200vs Feb 25, 2021137SEC filing
Feb 25, 2021Amendment$14,454,167No comparison102SEC filing
May 8, 2020InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.5
Duration over one year
No
Business combination
No
Sales commissions
$2.6M (estimated)
Finders' fees
$0
Form D file number
021-366543

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Orchard Securities, LLC133378
Entoro Securities, LLC35192
Great Point Capital, LLC114203
International Assets Investment Management, LLC144426
Sunbelt Securities, Inc.42180
WealthForge Securities, LLC152550
ShareNett Securities, LLC151011
DFPG Investments, Inc.155576
GPWA, LLC170171
The Strategic Financial Alliance, Inc.126514
International Assets Advisory, LLC10645
The Family Wealth Consulting Group128494
DAI Securities, LLC36673
IBN Financial Services, Inc.42360
Benchmark Investments, LLC103792
Dempsey Lord Smith LLC141238
Arete Wealth Management, LLC44856
Center Street Securities, Inc.26898
Coastal Equities, Inc.23769
Emerson Equity, LLC130032
Kingswood Capital Partners, LLC288898
Landolt Securities, Inc.28352
Lion Street Financial, LLC165828
Titan Securities131392
Capulent, LLC155155
Clark Wealth Strategies, Inc.146090
FPL Capital Management, LLC117499
Aspen Capital Management, LLC226559
Holbrook Global Strategies127059
Silverhawk Asset Management, LLC167798
Patrick Capital Markets, LLC16518
MHL Investments2535
Infinity Financial Services144302
High Speed Alliance291399
Legacy Wealth Management158010
Ratio Wealth Group, LLC306278
Advisors on Call315319
MJP Wealth Advisors127654
Fourstar Wealth Advisors, LLC169613
Saxony Securities115547

Source: Form D, filed Dec 7, 2022. 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.

People and organizations reported in Form D filings
NameReported role
William Gentile Promoter
Darius Sakhai Promoter
Cyrus Sakhai Promoter
Stephen Sakhai Promoter
Stephan Sakhai Promoter

Issuer details

Industry: Commercial (See others in industry)

Address:
747 Third Avenue, 37 Th Floor
New York, NY, 10017