The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM D Notice of Exempt Offering of Securities |
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1. Issuer's Identity
CIK (Filer ID Number) | Previous Names |
| Entity Type | ||||||||||||
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0001745032 |
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Name of Issuer | |||||||||||||||
Lodging Fund REIT III, Inc. | |||||||||||||||
Jurisdiction of Incorporation/Organization | |||||||||||||||
MARYLAND | |||||||||||||||
Year of Incorporation/Organization | |||||||||||||||
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2. Principal Place of Business and Contact Information
Name of Issuer | |||
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Lodging Fund REIT III, Inc. | |||
Street Address 1 | Street Address 2 | ||
1635 43RD STREET SOUTH, SUITE 205 | |||
City | State/Province/Country | ZIP/PostalCode | Phone Number of Issuer |
FARGO | NORTH DAKOTA | 58103 | (701) 630-6500 |
3. Related Persons
Last Name | First Name | Middle Name |
---|---|---|
Maple | Corey | R. |
Street Address 1 | Street Address 2 | |
1635 43rd Street South, Suite 205 | ||
City | State/Province/Country | ZIP/PostalCode |
Fargo | NORTH DAKOTA | 58103 |
Relationship: | X | Executive Officer | X | Director | Promoter |
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Clarification of Response (if Necessary):
Chairman of Board, CEO & Secretary of the IssuerLast Name | First Name | Middle Name |
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Leslie | Norman | H. |
Street Address 1 | Street Address 2 | |
1635 43rd Street South, Suite 205 | ||
City | State/Province/Country | ZIP/PostalCode |
Fargo | NORTH DAKOTA | 58103 |
Relationship: | X | Executive Officer | X | Director | Promoter |
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Clarification of Response (if Necessary):
Chief Investment Officer & Treasurer of IssuerLast Name | First Name | Middle Name |
---|---|---|
Ekman | David | G. |
Street Address 1 | Street Address 2 | |
1635 43rd Street South, Suite 205 | ||
City | State/Province/Country | ZIP/PostalCode |
Fargo | NORTH DAKOTA | 58103 |
Relationship: | Executive Officer | X | Director | Promoter |
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Clarification of Response (if Necessary):
Last Name | First Name | Middle Name |
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Hagen | Brian | |
Street Address 1 | Street Address 2 | |
1635 43rd Street South, Suite 205 | ||
City | State/Province/Country | ZIP/PostalCode |
Fargo | NORTH DAKOTA | 58103 |
Relationship: | Executive Officer | X | Director | Promoter |
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Clarification of Response (if Necessary):
Last Name | First Name | Middle Name |
---|---|---|
Legendary Capital REIT III, LLC | Legendary Capital REIT III, LLC | |
Street Address 1 | Street Address 2 | |
1635 43rd Street South, Suite 205 | ||
City | State/Province/Country | ZIP/PostalCode |
Fargo | NORTH DAKOTA | 58103 |
Relationship: | Executive Officer | Director | X | Promoter |
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Clarification of Response (if Necessary):
4. Industry Group
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5. Issuer Size
Revenue Range | OR | Aggregate Net Asset Value Range | ||
---|---|---|---|---|
No Revenues | No Aggregate Net Asset Value | |||
$1 - $1,000,000 | $1 - $5,000,000 | |||
$1,000,001 - $5,000,000 | $5,000,001 - $25,000,000 | |||
$5,000,001 - $25,000,000 | $25,000,001 - $50,000,000 | |||
$25,000,001 - $100,000,000 | $50,000,001 - $100,000,000 | |||
Over $100,000,000 | Over $100,000,000 | |||
X | Decline to Disclose | Decline to Disclose | ||
Not Applicable | Not Applicable |
6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)
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Rule 504 (b)(1)(i) | |||
Rule 504 (b)(1)(ii) | |||
Rule 504 (b)(1)(iii) | |||
X | Rule 506(b) | ||
Rule 506(c) | |||
Securities Act Section 4(a)(5) |
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7. Type of Filing
New Notice | Date of First Sale | 2018-07-26 | First Sale Yet to Occur | ||||||
X | Amendment |
8. Duration of Offering
Does the Issuer intend this offering to last more than one year? |
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9. Type(s) of Securities Offered (select all that apply)
X | Equity | Pooled Investment Fund Interests | |
Debt | Tenant-in-Common Securities | ||
Option, Warrant or Other Right to Acquire Another Security | Mineral Property Securities | ||
Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security | Other (describe) | ||
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? |
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Clarification of Response (if Necessary):
11. Minimum Investment
Minimum investment accepted from any outside investor | $5,000 | USD |
12. Sales Compensation
Recipient |
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Advisory Group Equity Services Ltd. | 15427 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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444 Washington St, Ste 407 | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Woburn | MASSACHUSETTS | 01801 | |||||
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Recipient |
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Aegis Capital Corp. | 15007 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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810 7th Avenue, 18th Floor | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
New York | NEW YORK | 10019 | |||||
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Recipient |
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American Global Wealth Management, Inc. | 7388 | ||||||||||||||||||||||||||||||||||||
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None | None | ||||||||||||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | ||||||||||||||||||||||||||||||||||||
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1600 Pennsylvania Avenue | |||||||||||||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | |||||||||||||||||||||||||||||||||||
McDonough | GEORGIA | 30253 | |||||||||||||||||||||||||||||||||||
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Recipient |
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American Portfolios Financial Services, Inc. | 18487 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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4250 Veterans Memorial Hwy, 4th Fl E. | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Holbrook | NEW YORK | 11741 | |||||
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Recipient |
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Ausdal Financial Partners, Inc. | 7995 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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5187 Utica Ridge Road | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Davenport | IOWA | 52807 | |||||
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Recipient |
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Calton & Associates, Inc. | 20999 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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2701 N Rocky Point Drive, Suite 1000 | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Tampa | FLORIDA | 33607 | |||||
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Recipient |
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Capital Financial Services, Inc. | 8408 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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None | None | ||||||||||||||||||||||||||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1821 Burdick Expressway W | |||||||||||||||||||||||||||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | |||||||||||||||||||||||||||||||||||||||||||||||||
Minot | NORTH DAKOTA | 58701 | |||||||||||||||||||||||||||||||||||||||||||||||||
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Recipient |
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Center Street Securities, Inc. | 26898 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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2740 Old Elm Hill Pike, Ste 201 | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Nashville | TENNESSEE | 37214 | |||||
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Recipient |
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IBN Financial Services, Inc. | 42360 | ||||||||||||||||||||||||||||||||||||||||||||
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None | None | ||||||||||||||||||||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | ||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
404 Old Liverpool Road | |||||||||||||||||||||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | |||||||||||||||||||||||||||||||||||||||||||
Liverpool | NEW YORK | 13088 | |||||||||||||||||||||||||||||||||||||||||||
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Recipient |
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Crown Capital Securities, L.P. | 6312 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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None | None | ||||||||||||||||||||||||||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
725 Town & Country Rd, Ste 530 | |||||||||||||||||||||||||||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | |||||||||||||||||||||||||||||||||||||||||||||||||
Orange | CALIFORNIA | 92868 | |||||||||||||||||||||||||||||||||||||||||||||||||
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Recipient |
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D.H. Hill Securities, LLLP | 41528 | |||||||||||||||||||||||||||||||||||||||||||||||
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None | None | |||||||||||||||||||||||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | |||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1543 Green Oak Place, Ste 100 | ||||||||||||||||||||||||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | ||||||||||||||||||||||||||||||||||||||||||||||
Kingwood | TEXAS | 77339 | ||||||||||||||||||||||||||||||||||||||||||||||
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Recipient |
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International Assets Advisory, LLC | 10645 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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390 North Orange Ave, Ste 750 | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Orlando | FLORIDA | 32801 | |||||
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Recipient |
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Investment Security Corporation | 47536 | |||||||||||
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None | None | |||||||||||
Street Address 1 | Street Address 2 | |||||||||||
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24009 Ventura Blvd, Suite 101 | ||||||||||||
City | State/Province/Country | ZIP/Postal Code | ||||||||||
Calabasas | CALIFORNIA | 91302 | ||||||||||
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Recipient |
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Sigma Financial Corporation | 14303 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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300 Parkland Plaza | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Ann Arbor | MICHIGAN | 48103 | |||||
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Recipient |
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JRL Capital Corporation | 10225 | |||||||||||||||
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None | None | |||||||||||||||
Street Address 1 | Street Address 2 | |||||||||||||||
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20371 Irvine Ave, Ste A-140 | ||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | ||||||||||||||
Newport Beach | CALIFORNIA | 92660 | ||||||||||||||
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Recipient |
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KCD Financial, Inc. | 127473 | |||||||||||||||||||||||||||||||||||||||||||||||
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None | None | |||||||||||||||||||||||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | |||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3061 Allied Street, Suite B | ||||||||||||||||||||||||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | ||||||||||||||||||||||||||||||||||||||||||||||
Green Bay | WISCONSIN | 54304 | ||||||||||||||||||||||||||||||||||||||||||||||
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Recipient |
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Landolt Securities, Inc. | 28352 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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701 Oregon Street | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Oshkosh | WISCONSIN | 54902 | |||||
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Recipient |
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Money Concepts Capital Corp | 12963 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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11440 North Jog Road | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Palm Beach Gardens | FLORIDA | 33418 | |||||
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Recipient |
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Newbridge Securities Corporation | 104065 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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5200 Town Ctr Cir, Tower 1, Ste 306 | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Boca Raton | FLORIDA | 33486 | |||||
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Recipient |
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NI Advisors | 134502 | |||||||||||||||||||||
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None | None | |||||||||||||||||||||
Street Address 1 | Street Address 2 | |||||||||||||||||||||
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1138 Cadillac Court | ||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | ||||||||||||||||||||
Milpitas | CALIFORNIA | 95035 | ||||||||||||||||||||
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Recipient |
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Sandlapper Securities, LLC | 137906 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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None | None | ||||||||||||||||||||||||||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
800 E. North Street, 2nd Floor | |||||||||||||||||||||||||||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | |||||||||||||||||||||||||||||||||||||||||||||||||
Greenville | SOUTH CAROLINA | 29601 | |||||||||||||||||||||||||||||||||||||||||||||||||
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Recipient |
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SW Financial | 145012 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
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1295 Walt Whitman Rd, Ste A | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Melville | NEW YORK | 11747 | |||||
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Recipient |
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Trustmont Financial Group, Inc. | 18312 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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None | None | ||||||||||||||||||||||||||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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200 Brush Run Road, Suite A | |||||||||||||||||||||||||||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | |||||||||||||||||||||||||||||||||||||||||||||||||
Greensburg | PENNSYLVANIA | 15601 | |||||||||||||||||||||||||||||||||||||||||||||||||
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Recipient |
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Vestech Securities, Inc. | 41409 | ||||||||||||||||||||||||||||||||
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None | None | ||||||||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | ||||||||||||||||||||||||||||||||
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11477 Olde Cabin Rd, Ste 310 | |||||||||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | |||||||||||||||||||||||||||||||
St. Louis | MISSOURI | 63141 | |||||||||||||||||||||||||||||||
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Recipient |
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Western International Securities, Inc. | 39262 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
---|---|---|---|---|---|---|---|
70 South Lake Ave, Ste 700 | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Pasadena | CALIFORNIA | 91101 | |||||
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Recipient |
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Westpark Capital, Inc. | 39914 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
---|---|---|---|---|---|---|---|
1900 Avenue of the Stars, Ste 310 | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Los Angeles | CALIFORNIA | 90067 | |||||
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Recipient |
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Intercarolina Financial Services, Inc. | 19475 | ||||||||||||||||||||||||||
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None | None | ||||||||||||||||||||||||||
Street Address 1 | Street Address 2 | ||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3300 Battleground Ave, Ste 400 | |||||||||||||||||||||||||||
City | State/Province/Country | ZIP/Postal Code | |||||||||||||||||||||||||
Greensboro | NORTH CAROLINA | 27410 | |||||||||||||||||||||||||
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Recipient |
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Parkland Securities, LLC | 115368 | ||||||
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None | None | ||||||
Street Address 1 | Street Address 2 | ||||||
---|---|---|---|---|---|---|---|
300 Parkland Plaza | |||||||
City | State/Province/Country | ZIP/Postal Code | |||||
Ann Arbor | MICHIGAN | 48103 | |||||
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13. Offering and Sales Amounts
Total Offering Amount | $100,000,000 | USD |
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Total Amount Sold | $30,615,743 | USD | ||||
Total Remaining to be Sold | $69,384,257 | USD |
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Clarification of Response (if Necessary):
14. Investors
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering. | |||
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering: |
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15. Sales Commissions & Finder's Fees Expenses
Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions | $0 | USD |
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Finders' Fees | $0 | USD |
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Clarification of Response (if Necessary):
16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
$0 | USD |
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Clarification of Response (if Necessary):
Signature and Submission
Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.
Terms of Submission
In submitting this notice, each issuer named above is: |
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Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.
For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.
Issuer | Signature | Name of Signer | Title | Date |
---|---|---|---|---|
Lodging Fund REIT III, Inc. | /s/ Corey R. Maple | Corey R. Maple | CEO and Secretary of the Issuer | 2019-07-08 |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.