EFDID: 85586EFD: Raw Data

Issuer: Compass Real Estate Fund III, LLC (0001593674) - D

Accession: 0001593674-13-000001 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Dec. 9, 2013
EFD Posted: Aug. 7, 2014
- < edgarSubmission >
  < schemaVersion > X0707 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001593674 </ cik >
  < entityName > Compass Real Estate Fund III, LLC </ entityName >
- < issuerAddress >
  < street1 > 4015 NINE MCFARLAND DRIVE </ street1 >
  < street2 > SUITE 200 </ street2 >
  < city > ALPHARETTA </ city >
  < stateOrCountry > GA </ stateOrCountry >
  < stateOrCountryDescription > GEORGIA </ stateOrCountryDescription >
  < zipCode > 30004 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > (770) 815-6915 </ issuerPhoneNumber >
  < jurisdictionOfInc > GEORGIA </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Limited Liability Company </ entityType >
- < yearOfInc >
  < withinFiveYears > true </ withinFiveYears >
  < value > 2013 </ value >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Robert </ firstName >
  < lastName > Godard </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 4015 Nine McFarland Drive </ street1 >
  < street2 > Suite 200 </ street2 >
  < city > Alpharetta </ city >
  < stateOrCountry > GA </ stateOrCountry >
  < stateOrCountryDescription > GEORGIA </ stateOrCountryDescription >
  < zipCode > 30004 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Managing Member of Compass Fund Manager, LLC, the General Partner </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > REITS and Finance </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > Not Applicable </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2013-09-25 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 100000 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > US Strategies Capital Corporation </ recipientName >
  < recipientCRDNumber > None </ recipientCRDNumber >
  < associatedBDName > Moody Capital Solutions, Inc. </ associatedBDName >
  < associatedBDCRDNumber > 15989 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 2675 Paces Ferry Road </ street1 >
  < street2 > Suite 220 </ street2 >
  < city > Atlanta </ city >
  < stateOrCountry > GA </ stateOrCountry >
  < stateOrCountryDescription > GEORGIA </ stateOrCountryDescription >
  < zipCode > 30339 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > AL </ state >
  < description > ALABAMA </ description >
  < state > FL </ state >
  < description > FLORIDA </ description >
  < state > GA </ state >
  < description > GEORGIA </ description >
  < state > NY </ state >
  < description > NEW YORK </ description >
  < state > NC </ state >
  < description > NORTH CAROLINA </ description >
  < state > SC </ state >
  < description > SOUTH CAROLINA </ description >
  < state > TN </ state >
  < description > TENNESSEE </ description >
  < state > TX </ state >
  < description > TEXAS </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 25000000 </ totalOfferingAmount >
  < totalAmountSold > 10000000 </ totalAmountSold >
  < totalRemaining > 15000000 </ totalRemaining >
  < clarificationOfResponse />
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 1 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 500000 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > The estimated "Placement Fee" will be a fee of five percent (5%) of the amount of each member's capital commitment. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 190000 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ grossProceedsUsed >
  < clarificationOfResponse > Estimated Management Fee, which is based on a percentage of the assets (1% annually); Performance Fee may also be charged but is not included in estimate because of contingent nature of fee. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > Compass Real Estate Fund III, LLC </ issuerName >
  < signatureName > Robert Godard </ signatureName >
  < nameOfSigner > Robert Godard </ nameOfSigner >
  < signatureTitle > Managing Member </ signatureTitle >
  < signatureDate > 2013-12-09 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Dec. 9, 2013
EFD Posted: Aug. 7, 2014