PRG Value-Added III REIT
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$125K
Investors
125
Min Invest
$1,000
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What this filing shows
·Every sentence is a value as filed on SEC Form D
PRG Value-Added III REIT is a Maryland entity organized in 2018 that filed a Form D with the SEC on December 20, 2018 in the REITS and Finance industry group. The offering claims Rule 506(b), Section 3(c), 3C.5 and covers equity. PRG Value-Added III REIT reported $125,000 sold from 125 investors of a $125,000 total offering as of the Form D filed December 20, 2018. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $1,000. The Form D names Charles Harrison (CRD 3071551), associated with H & L Equities, LLC; Lori Mayfield (CRD 4899271), associated with H & L Equities, LLC; Patrick Whelchel (CRD 5389090), associated with H & L Equities, LLC; Scott Harrison (CRD 4981070), associated with H & L Equities, LLC as recipients of sales compensation soliciting in FL, GA, TX. Sales commissions are reported as $6,250 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 645 Madison Avenue, 5th Floor, New York, NY 10022.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
closed
Fund family Part of the PRG Value Added REIT family: 2 vehicles across 2 generations · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
- This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Alan Hirmes
Director · New York, NY
Trustee
Keith Rosenthal
Director · New York, NY
Trustee
J. Michael Fried
Director · New York, NY
Trustee
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
Charles HarrisonCRD 3071551 on BrokerCheck
Associated broker-dealer: H & L Equities, LLC (CRD 113794) · Atlanta, GA · Soliciting in FL, GA, TX
Lori MayfieldCRD 4899271 on BrokerCheck
Associated broker-dealer: H & L Equities, LLC (CRD 113794) · Atlanta, GA · Soliciting in GA
Patrick WhelchelCRD 5389090 on BrokerCheck
Associated broker-dealer: H & L Equities, LLC (CRD 113794) · Atlanta, GA · Soliciting in GA
Scott HarrisonCRD 4981070 on BrokerCheck
Associated broker-dealer: H & L Equities, LLC (CRD 113794) · Atlanta, GA · Soliciting in FL, GA, TX
Questions About PRG Value-Added III REIT
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is PRG Value-Added III REIT?
PRG Value-Added III REIT is a Maryland entity organized in 2018 that filed a Form D with the SEC on December 20, 2018 in the REITS and Finance industry group. The filing claims Rule 506(b), Section 3(c), 3C.5 for an offering of equity.
Is PRG Value-Added III REIT legit?
AltStreet does not rate legitimacy; it reports the public record. PRG Value-Added III REIT filed a Form D with the SEC on December 20, 2018 claiming Rule 506(b), Section 3(c), 3C.5. A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $125,000 sold to 125 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is PRG Value-Added III REIT registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that PRG Value-Added III REIT claimed Rule 506(b), Section 3(c), 3C.5 and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has PRG Value-Added III REIT raised?
PRG Value-Added III REIT reported $125,000 sold from 125 investors of a $125,000 total offering as of the Form D filed December 20, 2018.
Who can invest in PRG Value-Added III REIT?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $1,000.
What is the minimum investment in PRG Value-Added III REIT?
The Form D lists $1,000 as the minimum investment accepted from any outside investor as of December 20, 2018. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling PRG Value-Added III REIT and how are they paid?
The Form D names Charles Harrison (CRD 3071551), associated with H & L Equities, LLC; Lori Mayfield (CRD 4899271), associated with H & L Equities, LLC; Patrick Whelchel (CRD 5389090), associated with H & L Equities, LLC; Scott Harrison (CRD 4981070), associated with H & L Equities, LLC as recipients of sales compensation soliciting in FL, GA, TX. Sales commissions are reported as $6,250 and finders' fees as $0. Form D allows these to be estimates.
Who is behind PRG Value-Added III REIT?
The Form D lists 3 related persons: Alan Hirmes, director (Trustee); Keith Rosenthal, director (Trustee); J. Michael Fried, director (Trustee). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is PRG Value-Added III REIT located?
The issuer's address on its SEC filings is 645 Madison Avenue, 5th Floor, New York, NY 10022. Its phone number of record is 212-207-1999. It is organized under the laws of Maryland.
How long is the PRG Value-Added III REIT offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.
What is PRG Value-Added III REIT's revenue?
The issuer declined to disclose its revenue range on the Form D, which the form permits.

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Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.
