EMIP 3, LLC
Raised
$3M
Investors
25
Min Invest
None stated
AltStreet Analysis
·Generated from EDGAR primary sources
EMIP 3, LLC is a Delaware-registered real estate SPV that filed under Rule 506(c) on May 15, 2024, reporting $2.7M raised from 25 investors with no stated minimum investment. The entity is managed by EquityMultiple executives (Charles Clinton, Marious Sjulsen, Michael Stern) and is part of the EquityMultiple platform, which has 137 related EDGAR entities focused on real estate investments.
This filing represents a typical small-to-mid-size real estate deal SPV using 506(c) exemption, consistent with EquityMultiple's model of packaging individual property investments for accredited investors. The $0 minimum investment and $108K average check size ($2.7M ÷ 25 investors) indicate a retail-accessible offering structure common among online real estate platforms.
Data Flags
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.
AltStreet Coverage
Original reporting from AltStreet's daily EDGAR monitoring covering EquityMultiple and its filings.
All AltStreet newsCapital Raise Timeline
2 Form D filings from Apr 8, 2024 to May 15, 2024, the latest a D.
Fund Family
Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.
Fund family
EMIP26 vehicles · 26 generations · since 2024 · $77.1M sold across the family
This issuer is in Fund III · Fund II had sold $2.3M at the same age (29 months from first filing)
| Vehicle | Role | First filed | Status | Sold | Investors |
|---|---|---|---|---|---|
| Fund XXVIII · first filed 2026-08-24 · 1 vehicle · $1.3M sold · 30 investors | |||||
| EMIP 28, LLCoffering | 2026-08-24 | raising | $1.3M | 30 | |
| Fund XXVII · first filed 2026-09-30 · 1 vehicle · $2.1M sold · 66 investors | |||||
| EMIP 27, LLCoffering | 2026-09-30 | raising | $2.1M | 66 | |
| Fund XXVI · first filed 2026-05-08 · 1 vehicle · $1.2M sold · 39 investors | |||||
| EMIP 26, LLC | 2026-05-08 | raising | $1.2M | 39 | |
| Fund XXIV · first filed 2026-05-15 · 1 vehicle · $730K sold · 38 investors | |||||
| EMIP 24, LLC | 2026-05-15 | raising | $730K | 38 | |
| Fund XXIII · first filed 2026-02-04 · 1 vehicle · $1.4M sold · 31 investors | |||||
| EMIP 23, LLCoffering | 2026-02-04 | raising | $1.4M | 31 | |
| Fund XXII · first filed 2026-02-12 · 1 vehicle · $4.4M sold · 45 investors | |||||
| EMIP 22, LLCoffering | 2026-02-12 | raising | $4.4M | 45 | |
| Fund XXI · first filed 2025-11-25 · 1 vehicle · $4.3M sold · 47 investors | |||||
| EMIP 21, LLCoffering | 2025-11-25 | closed | $4.3M | 47 | |
| Fund XX · first filed 2025-09-10 · 1 vehicle · $4.3M sold · 77 investors | |||||
| EMIP 20, LLCoffering | 2025-09-10 | raising | $4.3M | 77 | |
| Fund XIX · first filed 2025-07-18 · 1 vehicle · $4.0M sold · 41 investors | |||||
| EMIP 19, LLCoffering | 2025-07-18 | lapsed | $4.0M | 41 | |
| Fund XVIII · first filed 2025-06-18 · 1 vehicle · $3.0M sold · 50 investors | |||||
| EMIP 18, LLCoffering | 2025-06-18 | lapsed | $3.0M | 50 | |
| Fund XVII · first filed 2025-05-15 · 1 vehicle · $3.1M sold · 70 investors | |||||
| EMIP 17, LLCoffering | 2025-05-15 | lapsed | $3.1M | 70 | |
| Fund XVI · first filed 2025-04-09 · 1 vehicle · $5.1M sold · 33 investors | |||||
| EMIP 16, LLCoffering | 2025-04-09 | lapsed | $5.1M | 33 | |
| Fund XIV · first filed 2025-12-17 · 1 vehicle · $3.0M sold · 49 investors | |||||
| EMIP 14, LLCoffering | 2025-12-17 | raising | $3.0M | 49 | |
| Fund XIII · first filed 2025-03-11 · 1 vehicle · $2.1M sold · 33 investors | |||||
| EMIP 13, LLCoffering | 2025-03-11 | lapsed | $2.1M | 33 | |
| Fund XII · first filed 2025-03-25 · 1 vehicle · $4.0M sold · 111 investors | |||||
| EMIP 12, LLCoffering | 2025-03-25 | lapsed | $4.0M | 111 | |
| Fund XI · first filed 2024-12-13 · 1 vehicle · $6.7M sold · 140 investors | |||||
| EMIP 11, LLCoffering | 2024-12-13 | raising | $6.7M | 140 | |
| Fund X · first filed 2024-11-25 · 1 vehicle · $4.1M sold · 123 investors | |||||
| EMIP 10, LLCoffering | 2024-11-25 | lapsed | $4.1M | 123 | |
| Fund IX · first filed 2024-09-24 · 1 vehicle · $2.3M sold · 73 investors | |||||
| EMIP 9, LLCoffering | 2024-09-24 | lapsed | $2.3M | 73 | |
| Fund VIII · first filed 2024-08-08 · 1 vehicle · $2.2M sold · 75 investors | |||||
| EMIP 8, LLCoffering | 2024-08-08 | lapsed | $2.2M | 75 | |
| Fund VII · first filed 2024-06-18 · 1 vehicle · $2.1M sold · 31 investors | |||||
| EMIP 7, LLCoffering | 2024-06-18 | lapsed | $2.1M | 31 | |
| Fund VI · first filed 2024-06-10 · 1 vehicle · $1.2M sold · 47 investors | |||||
| EMIP 6, LLCoffering | 2024-06-10 | lapsed | $1.2M | 47 | |
| Fund V · first filed 2024-10-23 · 1 vehicle · $3.3M sold · 64 investors | |||||
| EMIP 5, LLCoffering | 2024-10-23 | lapsed | $3.3M | 64 | |
| Fund IV · first filed 2024-05-29 · 1 vehicle · $3.5M sold · 85 investors | |||||
| EMIP 4, LLCoffering | 2024-05-29 | lapsed | $3.5M | 85 | |
| Fund III · first filed 2024-05-15 · 1 vehicle · $2.7M sold · 25 investors | |||||
| EMIP 3, LLCofferingthis issuer | 2024-05-15 | lapsed | $2.7M | 25 | |
| Fund II · first filed 2024-04-05 · 1 vehicle · $2.3M sold · 102 investors | |||||
| EMIP 2, LLCoffering | 2024-04-05 | closed | $2.3M | 102 | |
| Fund I · first filed 2024-05-14 · 1 vehicle · $2.9M sold · 49 investors | |||||
| EMIP 1, LLCoffering | 2024-05-14 | lapsed | $2.9M | 49 | |
Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.
In the Terminal
Filing events
2
latest May 15, 2024
Critical / warning
0 / 0
0 watch · 2 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
2
closed, lapsed
Latest event New filer · May 15, 2024
SEC.govInvestor
- 2 filing events with values and deltas, latest 2024-05-15, and alerts on the next one
- 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.
Item 3 changed on the Form D filed 2024-05-15: 1 related person added and 0 removed against the filing of 2024-04-08; 3 now listed. The names are in the Terminal feed.
Charles Clinton
Executive Officer · New York, NY
Marious Sjulsen
Executive Officer · New York, NY
Michael Stern
Executive Officer · New York, NY
Questions About EMIP 3, LLC
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is EMIP 3, LLC?
EMIP 3, LLC is a Delaware limited liability company that filed a Form D with the SEC on May 15, 2024 in the REITS and Finance industry group. The filing claims Rule 506(c) for an offering of equity. AltStreet links the issuer to EquityMultiple.
Is EMIP 3, LLC legit?
AltStreet does not rate legitimacy; it reports the public record. EMIP 3, LLC filed a Form D with the SEC on May 15, 2024 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 $2,680,000 sold to 25 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to EquityMultiple, which AltStreet has reviewed. 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 EMIP 3, 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 EMIP 3, 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 EMIP 3, LLC raised?
EMIP 3, LLC reported $2,680,000 sold from 25 investors in an offering of indefinite size as of the Form D filed May 15, 2024.
Who can invest in EMIP 3, 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 filing lists the minimum investment as $0, meaning no minimum was stated.
What is the minimum investment in EMIP 3, LLC?
The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.
Who is selling EMIP 3, 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. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.
Who is behind EMIP 3, LLC?
The Form D lists 3 related persons: Charles Clinton, executive officer (Officer of EM Manager LLC, its managing member); Marious Sjulsen, executive officer (Officer of EM Manager LLC, its managing member); Michael Stern, executive officer (Officer of EM Manager LLC, its managing member). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is EMIP 3, LLC located?
The issuer's address on its SEC filings is 91 5th Ave., Fl 5, New York, NY 10003. Its phone number of record is 6468449918. It is organized under the laws of Delaware.
How long is the EMIP 3, 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; 1 amendment is on record for this CIK.
What is EMIP 3, LLC's revenue?
The issuer declined to disclose its revenue range on the Form D, which the form permits.
Is this your offering?
Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.
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.