Capital Flow Monitor · Sponsors · CIK 2087950
Merit 38, LLC
300 23rd Avenue East, West Fargo, ND, 58078 · 701-478-4300
Other Real Estate · Limited Liability Company· inc. DELAWARE true 2025
Fit score
39
- pct_sold>=95+26
- investors 3-7+9
- people+4
Offering
$6.2M
Sold
$6.2M
% sold
100.0%
Investors
6
Min investment
$0
Exemption
506(b)
Filing history
| Filed | Form | Rule | Offering | Sold | % sold | Investors | |
|---|---|---|---|---|---|---|---|
| 2025-10-02 | D ·current | 506(b) | $6.2M | $6.2M | 100.0% | 6 | EDGAR ↗ |
Related persons
Executive officers, directors and promoters, as filed. Other raises are matched by exact name and show amount sold as last reported.
- n/a Enclave Manager, LLC — Executive Officer, West Fargo, ND
-
Austin J. Morris — Executive Officer, West Fargo, ND
5 other raises
- Maude Apartments, LLC $4.0M of $4.0M · 100.0%
- Enclave Shoreview Rice Street, LLC $11.7M of $11.7M · 100.0%
- DECO Shakopee, LLC $9.7M of $10.6M · 91.0%
- Enclave Real IncomePlus Fund, LP $0 of —
- Bell GF Partners, LLC $3.3M of $3.3M · 100.0%
-
Benjamin N. Meland — Executive Officer, West Fargo, ND
5 other raises
- Maude Apartments, LLC $4.0M of $4.0M · 100.0%
- Enclave Shoreview Rice Street, LLC $11.7M of $11.7M · 100.0%
- DECO Shakopee, LLC $9.7M of $10.6M · 91.0%
- Enclave Real IncomePlus Fund, LP $0 of —
- Bell GF Partners, LLC $3.3M of $3.3M · 100.0%
Placement agents
- No sales compensation reported — direct raise.
Source: SEC EDGAR Form D. Self-reported by the issuer. Not investment advice.