SEC filing record
Primary Source · SEC.gov

Commune Fund IV, LLC

2023 vintageRule 506(c)Filing record

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

$530K

Investors

3

Min Invest

$50,000

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What this filing shows

·

Every sentence is a value as filed on SEC Form D

Commune Fund IV, LLC is a Delaware limited liability company that filed a Form D with the SEC on May 19, 2023 in the REITS and Finance industry group. The offering claims Rule 506(c) and covers equity. Commune Fund IV, LLC reported $530,434 sold from 3 investors of a $75,000,000 total offering as of the Form D filed May 19, 2023. The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000. The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. The issuer's address of record is 31248 Oak Crest Drive, Suite 100, Westlake Village, CA 91361.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001961168
Entity NameCommune Fund IV, LLC
ExemptionRule 506(c)
What the exemption meansRule 506(c) of Regulation D: the issuer may advertise the offering publicly, but every purchaser must be a verified accredited investor.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address31248 Oak Crest Drive, Suite 100, Westlake Village, CA 91361
Phone(805) 371-8020
Industry / Fund TypeREITS and Finance
Securities TypeEquity
First Sale DateMay 15, 2023
Filing DateMay 19, 2023
Accession Number0001961168-23-000004
Total Offering Amount$75,000,000
Total Amount Sold$530,434
Amount Remaining$74,469,566
Total Investors3
Non-Accredited InvestorsNone
Minimum Investment$50,000
Offering DurationOne year or less
Revenue RangeDecline to Disclose
State (Issuer Address)CA
Amendment Count2 filings on record

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

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

2

lapsed

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Fund family Part of the Commune Fund family: 3 vehicles across 3 generations · full family and the filing behind each link in the terminal

Investor

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  • 2 offering timelines: velocity, share raised, first-sale lag, stalled flags

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Related Persons (Form D)

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

Jerry Sanada

Executive Officer · Westlake Village, CA

Co-President of the Manager of the Manager

Commune Fund IV Management, LLC

Executive Officer · Westlake Village, CA

Manager

Commune Capital, LLC

Executive Officer · Westlake Village, CA

Manager of the Manager

Michael Michalov

Executive Officer · Westlake Village, CA

COO of the Manager of the Manager

Michael Taylor

Executive Officer · Westlake Village, CA

Co-President of the Manager of the Manager

Questions About Commune Fund IV, LLC

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

What is Commune Fund IV, LLC?

Commune Fund IV, LLC is a Delaware limited liability company that filed a Form D with the SEC on May 19, 2023 in the REITS and Finance industry group. The filing claims Rule 506(c) for an offering of equity.

Is Commune Fund IV, LLC legit?

AltStreet does not rate legitimacy; it reports the public record. Commune Fund IV, LLC filed a Form D with the SEC on May 19, 2023 claiming Rule 506(c). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $530,434 sold to 3 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 Commune Fund IV, 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 Commune Fund IV, LLC claimed Rule 506(c) 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 Commune Fund IV, LLC raised?

Commune Fund IV, LLC reported $530,434 sold from 3 investors of a $75,000,000 total offering as of the Form D filed May 19, 2023.

Who can invest in Commune Fund IV, LLC?

The offering relies on Rule 506(c), so the issuer may advertise it but may sell only to investors it has verified as accredited. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $50,000.

What is the minimum investment in Commune Fund IV, LLC?

The Form D lists $50,000 as the minimum investment accepted from any outside investor as of May 19, 2023. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Commune Fund IV, LLC and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly.

Who is behind Commune Fund IV, LLC?

The Form D lists 5 related persons: Jerry Sanada, executive officer (Co-President of the Manager of the Manager); Commune Fund IV Management, LLC, executive officer (Manager); Commune Capital, LLC, executive officer (Manager of the Manager); Michael Michalov, executive officer (COO of the Manager of the Manager); Michael Taylor, executive officer (Co-President of the Manager of the Manager). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Commune Fund IV, LLC located?

The issuer's address on its SEC filings is 31248 Oak Crest Drive, Suite 100, Westlake Village, CA 91361. Its phone number of record is 805-371-8020. It is organized under the laws of Delaware.

How long is the Commune Fund IV, 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 Commune Fund IV, 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.