SEC filing record
Primary Source · SEC.gov

DLP Housing REIT LLC

Fund Vehicle2020 vintage506(b), 3(c)

Raised

$125K

Investors

125

Min Invest

$1,000

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AltStreet Analysis

·

Generated from EDGAR primary sources

DLP Housing REIT LLC is a Delaware-formed REIT vehicle that filed this Form D on 2020-12-18, reporting $125K raised from 125 investors at a $1K minimum investment, relying on the Rule 506(b) exemption combined with an Investment Company Act 3(c) exclusion. The filing lists Donald Wenner and Robert Peterson as executive officers, consistent with the DLP Capital real estate investment platform; no parent platform has been matched in this database yet.

This is a 506(b) private placement paired with a 3(c) Investment Company Act exclusion, a structure commonly used by non-traded, real estate-focused REITs to pool smaller retail-oriented checks while avoiding registered investment company status. A $1K minimum investment is unusually low for this asset category, where private real estate vehicles typically set minimums in the $25K-$100K+ range, suggesting this REIT is structured for broad retail participation rather than institutional or accredited high-net-worth capital.

Data Flags

firstSaleDateNo first sale date disclosed, and total raise ($125K) is well under $100M, meaning the omission is not explained by typical large-fund filing conventions.
totalInvestors / totalAmountSold125 investors against a $125K raise implies an average check size of exactly $1K, matching the stated minimum investment — indicating essentially all investors committed only the minimum amount.
exemptionFiling simultaneously claims 506(b) and a 3(c) Investment Company Act exclusion, a combined citation pattern typical of non-traded real estate REIT structures rather than a standard single-exemption private placement.
industryGroupIndustry group field left unspecified on the filing.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001836608
Entity NameDLP Housing REIT LLC
ExemptionRule 506(b), Section 3(c), 3C.5
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address605 Palencia Club Drive, St. Augustine, FL 32095
Phone(610) 488-2375
Industry / Fund TypeREITS and Finance
Investment Company ActExcluded under Section 3(c)
Securities TypeEquity, Other
First Sale Date—
Filing DateDecember 18, 2020
Accession Number0001836608-20-000001
Total Offering Amount$125,000
Total Amount Sold$125,000
Amount Remaining$0
Total Investors125
Non-Accredited InvestorsNone
Minimum Investment$1,000
Offering DurationOne year or less
Revenue RangeDecline to Disclose
State (Issuer Address)FL
Amendment CountOriginal filing only

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

In the Terminal

Filing events

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Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

closed

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Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Donald Wenner

Executive Officer · ST. AUGUSTINE, FL

Robert Peterson

Executive Officer · ST. AUGUSTINE, FL

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.

Iroquois Capital Advisors, LLCCRD 145235 on BrokerCheck

Associated broker-dealer: None · Nashville, TN · Soliciting in FL, TN

Questions About DLP Housing REIT LLC

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is DLP Housing REIT LLC?

DLP Housing REIT LLC is a Delaware limited liability company that filed a Form D with the SEC on December 18, 2020 in the REITS and Finance industry group. The filing claims Rule 506(b), Section 3(c), 3C.5 for an offering of equity.

Is DLP Housing REIT LLC legit?

AltStreet does not rate legitimacy; it reports the public record. DLP Housing REIT LLC filed a Form D with the SEC on December 18, 2020 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 DLP Housing REIT LLC 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 DLP Housing REIT LLC 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 DLP Housing REIT LLC raised?

DLP Housing REIT LLC reported $125,000 sold from 125 investors of a $125,000 total offering as of the Form D filed December 18, 2020.

Who can invest in DLP Housing REIT LLC?

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 DLP Housing REIT LLC?

The Form D lists $1,000 as the minimum investment accepted from any outside investor as of December 18, 2020. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling DLP Housing REIT LLC and how are they paid?

The Form D names Iroquois Capital Advisors, LLC (CRD 145235), associated with None as the recipient of sales compensation soliciting in FL, TN.

Who is behind DLP Housing REIT LLC?

The Form D lists 2 related persons: Donald Wenner, executive officer (CEO of DLP Real Estate Capital Inc); Robert Peterson, executive officer (CFO of DLP Real Estate Capital Inc). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is DLP Housing REIT LLC located?

The issuer's address on its SEC filings is 605 Palencia Club Drive, St. Augustine, FL 32095. Its phone number of record is 610-488-2375. It is organized under the laws of Delaware.

How long is the DLP Housing REIT LLC 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 DLP Housing REIT LLC'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.