CARMINA INCOME FUND LP

Other real estate
Rule 506(c)
Raleigh, North Carolina
Filed Oct 20, 2026

Raising: $100,000,000
Sold so far: $510,000; 1% sold
Investors: 1
Average check: $510,000; Sold ÷ investors
Minimum: $200,000
Sales commissions: $0; Issuer's estimate

In plain English

CARMINA INCOME FUND LP, a real estate business based in Raleigh, North Carolina, filed a Form D with the SEC on Oct 20, 2026 to raise $100 million. It reports $510,000 raised from 1 investor, 1% of its target. That works out to roughly $510,000 per investor. The smallest investment it accepts from an outside investor is $200,000.

It filed under Rule 506(c), which means it can advertise the offering publicly, but only accredited investors can buy in, and the issuer has to check that they qualify.

How it compares

Against the 594 real estate offerings filed Oct 6 – Nov 4, 2026.

This offeringMedian

Raise size$100M vs $7.7M median

Larger than 91% of the 460 offerings that set a size.

How much is sold1% sold vs 50% median

Behind 75% of the 460 offerings with a set size.

Minimum investment$200,000 vs $50,000 median

Higher than 80% of the 427 offerings that stated a minimum.

Where the sponsor is based

The North Carolina housing market

Typical home value $332KChange, 12 months 0.2%Raleigh metro $428K

Form D lists the issuer's principal place of business, not where its properties are. Home values for Sep 2026.

See North Carolina market data

Filing details

File number: 021-601876
Latest filing: Form D, Oct 20, 2026
Accession number: 0002160995-26-000001
Entity type: Limited Partnership
Industry group: Other Real Estate
Principal place of business: Raleigh, North Carolina
Exemption claimed: Rule 506(c)
First sale: Oct 8, 2026

Timeline

First sale
Oct 8, 2026
Form D filed with the SEC
Oct 20, 2026
$510K sold (1% of the target)
As reported Oct 20, 2026

Other recent filings from North Carolina

All fund filings

This page summarizes a notice CARMINA INCOME FUND LP filed with the SEC. Fidelis First is not affiliated with CARMINA INCOME FUND LP, has not reviewed this offering and does not recommend it. Nothing here is an offer to sell or a solicitation of an offer to buy any security. Figures are as the issuer reported them on Oct 20, 2026 and may have changed since.

Sales commissions are the issuer's estimate for the whole offering, not amounts paid so far. Average check is derived: amount sold divided by number of investors. Issuers don't have to amend a Form D when sales or investor counts change, so these can lag.

Source: SEC EDGAR, Form D · As of Oct 20, 2026

Source: Data Provided by Zillow Group · As of Sep 2026