Dev Property 1 MS, LLC
Raised
$125K
Investors
125
Min Invest
$1,000
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AltStreet Analysis
·Generated from EDGAR primary sources
Dev Property 1 MS, LLC is a Delaware-formed entity that filed a Form D on 2026-11-03 for an equity offering under Rule 506(b) and Section 3(c), reporting $125K raised from 125 investors at a $1K minimum investment. The filing lists Henry Steinberg and Brian Fogarty as executive officers/directors, and no parent platform or related sibling entities have been identified in available data.
Within alternative investments, this filing combines a 506(b) private placement exemption with a 3(c) investment company exemption, a structure common to pooled real-estate or special-purpose vehicles. The $1K minimum investment and small aggregate raise place it at the low end of typical alternative investment offerings, which more often target accredited investors with higher minimums.
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.
In the Terminal
Filing events
1
latest Nov 3, 2026
Critical / warning
0 / 0
0 watch · 1 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
closed
Latest event New filer · Nov 3, 2026
SEC.govInvestor
- 1 filing event with values and deltas, latest 2026-11-03, and alerts on the next one
- 1 offering timeline: 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.
Henry Steinberg
Executive Officer, Director · RADNOR, PA
Brian Fogarty
Executive Officer, Director · RADNOR, PA
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.
ICA, LLCCRD 145235 on BrokerCheck
Associated broker-dealer: None · Nashville, TN
Questions About Dev Property 1 MS, LLC
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Dev Property 1 MS, LLC?
Dev Property 1 MS, LLC is a Delaware limited liability company that filed a Form D with the SEC on November 3, 2026 in the REITS and Finance industry group. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of equity.
Is Dev Property 1 MS, LLC legit?
AltStreet does not rate legitimacy; it reports the public record. Dev Property 1 MS, LLC filed a Form D with the SEC on November 3, 2026 claiming Rule 506(b), Section 3(c), Section 3(c)(7). 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 Dev Property 1 MS, 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 Dev Property 1 MS, LLC claimed Rule 506(b), Section 3(c), Section 3(c)(7) 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 Dev Property 1 MS, LLC raised?
Dev Property 1 MS, LLC reported $125,000 sold from 125 investors of a $125,000 total offering as of the Form D filed November 3, 2026.
Who can invest in Dev Property 1 MS, 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. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $1,000.
What is the minimum investment in Dev Property 1 MS, LLC?
The Form D lists $1,000 as the minimum investment accepted from any outside investor as of November 3, 2026. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Dev Property 1 MS, LLC and how are they paid?
The Form D names ICA, LLC (CRD 145235), associated with None as the recipient of sales compensation. Sales commissions are reported as $6,250 and finders' fees as $0. Form D allows these to be estimates.
Who is behind Dev Property 1 MS, LLC?
The Form D lists 2 related persons: Henry Steinberg, executive officer, director; Brian M. Fogarty, executive officer, director. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Dev Property 1 MS, LLC located?
The issuer's address on its SEC filings is Five Radnor Corporate Center, 100 Matsonford Road, Suite 250, Radnor, PA 19087. Its phone number of record is 610-828-3200. It is organized under the laws of Delaware.
How long is the Dev Property 1 MS, 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 Dev Property 1 MS, 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.