Form D Raw Data - Electronic Filing Depository

EFDID: 130558EFD: Raw Data

Issuer: CMBS Value Fund, LLC (0001460420) - D/A

Accession: 0001460420-09-000012 () (EDGAR Files) (Form D)

Edgar Posted: Oct. 22, 2009
EFD Posted: Jan. 6, 2015

- < edgarSubmission >

< schemaVersion > X0603 </ schemaVersion >

< submissionType > D/A </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001460420 </ cik >

< entityName > CMBS Value Fund, LLC </ entityName >

- < issuerAddress >

< street1 > 101 N. MAIN STREET </ street1 >

< street2 > 12TH FLOOR </ street2 >

< city > GREENVILLE </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 864.672.4842 </ issuerPhoneNumber >

< jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Limited Liability Company </ entityType >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2009 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > x </ firstName >

< middleName > x </ middleName >

< lastName > CMBS Value Fund Management, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 101 N. Main Street, 12th Floor </ street1 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Manager of Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > John </ firstName >

< middleName > W </ middleName >

< lastName > Boyd </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 101 N. Main Street, 12th Floor </ street1 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Paul </ firstName >

< middleName > M </ middleName >

< lastName > Aiesi </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 101 N. Main Street, 12th Floor </ street1 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Member of Manager of Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Andrew </ firstName >

< lastName > Reiken </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o CMBS Value Fund Management, LLC </ street1 >

< street2 > 101 N. Main Street, 12th Floor </ street2 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Donald </ firstName >

< lastName > Spalding </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > c/o CMBS Value Fund Management, LLC </ street1 >

< street2 > 101 N. Main Street, 12th Floor </ street2 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > x </ firstName >

< middleName > x </ middleName >

< lastName > TIC Properties, LLC </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 101 N. Main Street, 12th Floor </ street1 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Member of the Manager of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > x </ firstName >

< middleName > x </ middleName >

< lastName > Graycliff Capital Partners </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 101 N. Main Street, 12th Floor </ street1 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Promoter </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > Member of the Manager of the Issuer </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > REITS and Finance </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Decline to Disclose </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06 </ item >

< item > 3C </ item >

< item > 3C.1 </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > true </ isAmendment >

< previousAccessionNumber > 0001460420-09-000011 </ previousAccessionNumber >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2009-04-13 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > true </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 100000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > SANDLAPPER Securities </ recipientName >

< recipientCRDNumber > 137906 </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 101 N. Main Street, 12th Floor </ street1 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< state > CO </ state >

< state > FL </ state >

< state > GA </ state >

< state > MN </ state >

< state > NY </ state >

< state > NC </ state >

< state > OH </ state >

< state > OK </ state >

< state > SC </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Richard E. Woolen </ recipientName >

< recipientCRDNumber > 1342719 </ recipientCRDNumber >

< associatedBDName > Harrison Douglas, Inc. </ associatedBDName >

< associatedBDCRDNumber > 16515 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 4301 Belknap Road </ street1 >

< city > Charlotte </ city >

< stateOrCountry > NC </ stateOrCountry >

< zipCode > 28211 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< state > GA </ state >

< state > NC </ state >

< state > SC </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Mark C. Pedersen </ recipientName >

< recipientCRDNumber > 1283866 </ recipientCRDNumber >

< associatedBDName > Harrison Douglas, Inc. </ associatedBDName >

< associatedBDCRDNumber > 16515 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 5116 Saddle Horn Trail </ street1 >

< city > Matthews </ city >

< stateOrCountry > NC </ stateOrCountry >

< zipCode > 28104 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< state > CT </ state >

< state > NC </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Jack Charles Bixler </ recipientName >

< recipientCRDNumber > 22331 </ recipientCRDNumber >

< associatedBDName > SANDLAPPER Securities </ associatedBDName >

< associatedBDCRDNumber > 137906 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 101 N. Main Street </ street1 >

< street2 > 12th Floor </ street2 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< state > GA </ state >

< state > MN </ state >

< state > OH </ state >

< state > SC </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Pacific West Securities </ recipientName >

< recipientCRDNumber > 6390 </ recipientCRDNumber >

< associatedBDName > Pacific West Securities </ associatedBDName >

< associatedBDCRDNumber > 6390 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 555 S. Renton Village Place </ street1 >

< street2 > Suite 700 </ street2 >

< city > Renton </ city >

< stateOrCountry > WA </ stateOrCountry >

< zipCode > 98057 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Christina Nielson </ recipientName >

< recipientCRDNumber > 4866971 </ recipientCRDNumber >

< associatedBDName > OMNI Brokerage, Inc. </ associatedBDName >

< associatedBDCRDNumber > 16878 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > One City Boulevard West </ street1 >

< street2 > Suite 870 </ street2 >

< city > Orange </ city >

< stateOrCountry > CA </ stateOrCountry >

< zipCode > 92868 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > AZ </ state >

< state > AR </ state >

< state > CA </ state >

< state > GA </ state >

< state > HI </ state >

< state > MT </ state >

< state > NH </ state >

< state > NJ </ state >

< state > NY </ state >

< state > OR </ state >

< state > PA </ state >

< state > TX </ state >

< state > VA </ state >

< state > WA </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > James F. Seramba </ recipientName >

< recipientCRDNumber > 2580051 </ recipientCRDNumber >

< associatedBDName > Cambridge Investment Research, Inc. </ associatedBDName >

< associatedBDCRDNumber > 39543 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 701 Green Valley Road </ street1 >

< street2 > Suite 304 </ street2 >

< city > Greensboro </ city >

< stateOrCountry > NC </ stateOrCountry >

< zipCode > 27408 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< state > FL </ state >

< state > KS </ state >

< state > NJ </ state >

< state > NY </ state >

< state > NC </ state >

< state > VA </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Jeffrey Jon Cullen </ recipientName >

< recipientCRDNumber > 4408760 </ recipientCRDNumber >

< associatedBDName > Cambridge Investment Research, Inc. </ associatedBDName >

< associatedBDCRDNumber > 39543 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 25434 Prairiewood Lane </ street1 >

< city > Shorewood </ city >

< stateOrCountry > IL </ stateOrCountry >

< zipCode > 60404 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< state > CO </ state >

< state > GA </ state >

< state > IL </ state >

< state > IN </ state >

< state > IA </ state >

< state > KS </ state >

< state > VA </ state >

< state > WA </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Independent Financial Group, LLC </ recipientName >

< recipientCRDNumber > 7717 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12636 High Bluff Drive </ street1 >

< street2 > Suite 100 </ street2 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< zipCode > 92130 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< value > All States </ value >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Michael G. Steinthal, Jr </ recipientName >

< recipientCRDNumber > 435071 </ recipientCRDNumber >

< associatedBDName > PRIMEX </ associatedBDName >

< associatedBDCRDNumber > 29394 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 575 Madison Avenue </ street1 >

< street2 > 10th Floor </ street2 >

< city > New York </ city >

< stateOrCountry > NY </ stateOrCountry >

< zipCode > 10022 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > AZ </ state >

< state > CA </ state >

< state > CO </ state >

< state > FL </ state >

< state > GA </ state >

< state > NV </ state >

< state > NJ </ state >

< state > NM </ state >

< state > NY </ state >

< state > OH </ state >

< state > PA </ state >

< state > SC </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Michael M. McGregor, Jr. </ recipientName >

< recipientCRDNumber > 2263066 </ recipientCRDNumber >

< associatedBDName > Harrison Douglas, Inc. </ associatedBDName >

< associatedBDCRDNumber > 16515 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 399 Perry Street </ street1 >

< street2 > Suite 201 </ street2 >

< city > Castle Rock </ city >

< stateOrCountry > CO </ stateOrCountry >

< zipCode > 80104 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< state > CO </ state >

< state > FL </ state >

< state > NE </ state >

< state > TN </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > James William Logan </ recipientName >

< recipientCRDNumber > 1699165 </ recipientCRDNumber >

< associatedBDName > SANDLAPPER Securities, LLC </ associatedBDName >

< associatedBDCRDNumber > 137906 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 101 N. Main Street </ street1 >

< street2 > 12th Floor </ street2 >

< city > Greenville </ city >

< stateOrCountry > SC </ stateOrCountry >

< zipCode > 29601 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > SC </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > JR Broadbent </ recipientName >

< recipientCRDNumber > 3132498 </ recipientCRDNumber >

< associatedBDName > OMNI Brokerage, Inc. </ associatedBDName >

< associatedBDCRDNumber > 16878 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 2040 Murray-Holladay Road </ street1 >

< street2 > Suite 201 </ street2 >

< city > Salt Lake City </ city >

< stateOrCountry > UT </ stateOrCountry >

< zipCode > 84117 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > AZ </ state >

< state > AR </ state >

< state > CA </ state >

< state > CO </ state >

< state > CT </ state >

< state > FL </ state >

< state > HI </ state >

< state > ID </ state >

< state > IL </ state >

< state > KY </ state >

< state > ME </ state >

< state > MD </ state >

< state > MN </ state >

< state > MO </ state >

< state > MT </ state >

< state > NV </ state >

< state > NM </ state >

< state > NY </ state >

< state > OR </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Brian Gill </ recipientName >

< recipientCRDNumber > 5308507 </ recipientCRDNumber >

< associatedBDName > OMNI Brokerage, Inc. </ associatedBDName >

< associatedBDCRDNumber > 16878 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 150 W. Civic Center Drive </ street1 >

< street2 > Suite 103 </ street2 >

< city > Sandy </ city >

< stateOrCountry > UT </ stateOrCountry >

< zipCode > 84070 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > DC </ state >

< state > MD </ state >

< state > NJ </ state >

< state > NY </ state >

< state > VA </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Tracy Turner </ recipientName >

< recipientCRDNumber > 1385745 </ recipientCRDNumber >

< associatedBDName > Private Asset Group, Inc. </ associatedBDName >

< associatedBDCRDNumber > 142541 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1917 Palomar Oaks Way </ street1 >

< street2 > Suite 150 </ street2 >

< city > Carlsbad </ city >

< stateOrCountry > CA </ stateOrCountry >

< zipCode > 92008 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Stephen W. Gierl </ recipientName >

< recipientCRDNumber > 1086533 </ recipientCRDNumber >

< associatedBDName > Cambridge Investment Research, Inc. </ associatedBDName >

< associatedBDCRDNumber > 39543 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1776 Pleasant Plain Road </ street1 >

< city > Fairfield </ city >

< stateOrCountry > IA </ stateOrCountry >

< zipCode > 52556-8757 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< state > FL </ state >

< state > GA </ state >

< state > IL </ state >

< state > IN </ state >

< state > KY </ state >

< state > MD </ state >

< state > MA </ state >

< state > MI </ state >

< state > MN </ state >

< state > NJ </ state >

< state > NM </ state >

< state > NY </ state >

< state > NC </ state >

< state > OH </ state >

< state > PA </ state >

< state > SC </ state >

< state > VT </ state >

< state > VA </ state >

< state > WA </ state >

< state > WV </ state >

< state > WI </ state >

</ statesOfSolicitationList >

</ recipient >

- < recipient >

< recipientName > Stephen J. Hoshimi </ recipientName >

< recipientCRDNumber > 1977772 </ recipientCRDNumber >

< associatedBDName > CapWest Securities, Inc. </ associatedBDName >

< associatedBDCRDNumber > 30002 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3900 S. Wadsworth Boulevard </ street1 >

< street2 > Suite 590 </ street2 >

< city > Lakewood </ city >

< stateOrCountry > CO </ stateOrCountry >

< zipCode > 80235 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< state > MO </ state >

< state > NV </ state >

< state > TX </ state >

< state > UT </ state >

</ statesOfSolicitationList >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 50000000 </ totalOfferingAmount >

< totalAmountSold > 9595250 </ totalAmountSold >

< totalRemaining > 40404750 </ totalRemaining >

< clarificationOfResponse />

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 92 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 5250000 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse />

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 500000 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > CMBS Value Fund, LLC </ issuerName >

< signatureName > John W. Boyd </ signatureName >

< nameOfSigner > John W. Boyd </ nameOfSigner >

< signatureTitle > Chief Executive Officer </ signatureTitle >

< signatureDate > 2009-10-22 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >