EFDID: 253722EFD: Raw Data

Issuer: National Multifamily Portfolio III DST (0001726600) - D

Accession: 0001726600-17-000001 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Dec. 29, 2017
EFD Posted: Dec. 29, 2017
- < edgarSubmission >
  < schemaVersion > X0708 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001726600 </ cik >
  < entityName > National Multifamily Portfolio III DST </ entityName >
- < issuerAddress >
  < street1 > C/- INLAND PRIVATE CAPITAL CORPORATION </ street1 >
  < street2 > 2901 BUTTERFIELD ROAD </ street2 >
  < city > OAK BROOK </ city >
  < stateOrCountry > IL </ stateOrCountry >
  < stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >
  < zipCode > 60523 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 35227118000 </ issuerPhoneNumber >
  < jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Business Trust </ entityType >
- < yearOfInc >
  < withinFiveYears > true </ withinFiveYears >
  < value > 2017 </ value >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > N/A </ firstName >
  < lastName > Inland Private Capital Corporation </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2901 Butterfield Road </ street1 >
  < city > Oak Brook </ city >
  < stateOrCountry > IL </ stateOrCountry >
  < stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >
  < zipCode > 60523 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Sponsor of the Issuer </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > N/A </ firstName >
  < lastName > National Multifamily Portfolio III Exchange, L.L.C </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Inland Private Capital Corporation </ street1 >
  < street2 > 2901 Butterfield Road </ street2 >
  < city > Oak Brook </ city >
  < stateOrCountry > IL </ stateOrCountry >
  < stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >
  < zipCode > 60523 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Signatory Trustee of the Issuer </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > N/A </ firstName >
  < lastName > National Multifamily Portfolio III, L.L.C </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > c/o Inland Private Capital Corporation </ street1 >
  < street2 > 2901 Butterfield Road </ street2 >
  < city > Oak Brook </ city >
  < stateOrCountry > IL </ stateOrCountry >
  < stateOrCountryDescription > ILLINOIS </ stateOrCountryDescription >
  < zipCode > 60523 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Depositor of the Issuer </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Other Real Estate </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > Decline to Disclose </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2017-12-19 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 25000 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Robert Smith </ recipientName >
  < recipientCRDNumber > 1412333 </ recipientCRDNumber >
  < associatedBDName > Concorde Investment Services, LLC </ associatedBDName >
  < associatedBDCRDNumber > 151604 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 19500 VICTOR PARKWAY </ street1 >
  < street2 > SUITE 550 </ street2 >
  < city > Livonia </ city >
  < stateOrCountry > MI </ stateOrCountry >
  < stateOrCountryDescription > MICHIGAN </ stateOrCountryDescription >
  < zipCode > 48152 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > OR </ state >
  < description > OREGON </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Craig Sickler </ recipientName >
  < recipientCRDNumber > 4222992 </ recipientCRDNumber >
  < associatedBDName > 1st Global Capital Corporation </ associatedBDName >
  < associatedBDCRDNumber > 30349 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 12750 MERIT DRIVE </ street1 >
  < street2 > SUITE 1200 </ street2 >
  < city > Dallas </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 75251 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > NY </ state >
  < description > NEW YORK </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Tim Clairmont </ recipientName >
  < recipientCRDNumber > 2847591 </ recipientCRDNumber >
  < associatedBDName > Lion Street Financial, LLC </ associatedBDName >
  < associatedBDCRDNumber > 165828 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 515 CONGRESS AVE </ street1 >
  < street2 > SUITE 2500 </ street2 >
  < city > Austin </ city >
  < stateOrCountry > TX </ stateOrCountry >
  < stateOrCountryDescription > TEXAS </ stateOrCountryDescription >
  < zipCode > 78701 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > OR </ state >
  < description > OREGON </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > Chay Lapin </ recipientName >
  < recipientCRDNumber > 6275140 </ recipientCRDNumber >
  < associatedBDName > WealthForge Securities LLC </ associatedBDName >
  < associatedBDCRDNumber > 152550 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 6800 PARAGON PLACE </ street1 >
  < street2 > SUITE 200 </ street2 >
  < city > Richmond </ city >
  < stateOrCountry > VA </ stateOrCountry >
  < stateOrCountryDescription > VIRGINIA </ stateOrCountryDescription >
  < zipCode > 23230 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > David Dahill </ recipientName >
  < recipientCRDNumber > 6581024 </ recipientCRDNumber >
  < associatedBDName > WealthForge Securities LLC </ associatedBDName >
  < associatedBDCRDNumber > 152550 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 6800 PARAGON PLACE </ street1 >
  < street2 > SUITE 200 </ street2 >
  < city > Richmond </ city >
  < stateOrCountry > VA </ stateOrCountry >
  < stateOrCountryDescription > VIRGINIA </ stateOrCountryDescription >
  < zipCode > 23230 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
- < recipient >
  < recipientName > John Harvey </ recipientName >
  < recipientCRDNumber > 4227692 </ recipientCRDNumber >
  < associatedBDName > Sandlapper Securities, LLC </ associatedBDName >
  < associatedBDCRDNumber > 137906 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > SANDLAPPER FINANCIAL CENTER </ street1 >
  < street2 > 800 E. NORTH STREET, 2ND FLOOR </ street2 >
  < city > GREENVILLE </ city >
  < stateOrCountry > SC </ stateOrCountry >
  < stateOrCountryDescription > SOUTH CAROLINA </ stateOrCountryDescription >
  < zipCode > 29601 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > CA </ state >
  < description > CALIFORNIA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 100617339 </ totalOfferingAmount >
  < totalAmountSold > 2490058 </ totalAmountSold >
  < totalRemaining > 98127281 </ totalRemaining >
  < clarificationOfResponse > Regarding Item 11, the Issuer may accept smaller investments in the Sponsor's sole discretion. </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 7 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 8954943 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > Sales Commissions include estimates of the maximum amount of Selling Commissions, Dealer Fees and Placement Agent Fee that may be paid to one or more Related Persons. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 4696300 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ grossProceedsUsed >
  < clarificationOfResponse > Item 16 is an estimate of acquisition fees, reimbursements for certain acquisition and financing costs and offering and organizational expenses that may accrue to one or more Related Persons. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > National Multifamily Portfolio III DST </ issuerName >
  < signatureName > /s/ Keith D. Lampi </ signatureName >
  < nameOfSigner > Keith D. Lampi </ nameOfSigner >
  < signatureTitle > President of Member of Signatory Trustee of the Issuer </ signatureTitle >
  < signatureDate > 2017-12-29 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Dec. 29, 2017
EFD Posted: Dec. 29, 2017