EDGAR Verified
Primary Source · SEC.gov

EMIP 3, LLC

CIK 0002018484Single-Deal SPV2024 vintage506(c)

Raised

$3M

Investors

25

Min Invest

$0

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

sales_commissionsNo sales commissions disclosed on a 506(c) general solicitation offering, which typically involves broker-dealer compensation
first_sale_dateFirst sale date not disclosed on original filing with $2.7M already raised

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002018484
Entity NameEMIP 3, LLC
Exemption506(c)
First Sale Date
Filing DateMay 15, 2024
Accession Number0002018484-24-000001
Total Amount Sold$3M
Total Investors25
Minimum Investment$0 (no stated minimum)
Securities TypeEquity
State of IncorporationNot specified
Amendment CountOriginal filing only

Capital Raise Timeline

Chronological filing history from primary SEC Form D documents. Delta figures show change from previous filing.

Apr 2024D
$3M2 investors$235,000 min
May 2024DLatest
$3M25 investors(+23)

Related Persons (Form D)

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

Charles Clinton

Executive Officer · New York, NY

Marious Sjulsen

Executive Officer · New York, NY

Michael Stern

Executive Officer · New York, NY

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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.