MCRE Development, LLC

Residential
Rule 506(b)
Salt Lake City, Utah
Filed Oct 23, 2026

Raising: $25,000,000
Sold so far: $2,500,000; 10% sold
Investors: 1
Average check: $2,500,000; Sold ÷ investors
Minimum: $100,000
Sales commissions: $0; Issuer's estimate

In plain English

MCRE Development, LLC, a residential real estate business based in Salt Lake City, Utah, filed a Form D with the SEC on Oct 23, 2026 to raise $25 million. It reports $2.5 million raised from 1 investor, 10% of its target. That works out to roughly $2,500,000 per investor. The smallest investment it accepts from an outside investor is $100,000.

It filed under Rule 506(b), which means the offering can't be advertised to the public. Investors in these deals usually already have a relationship with the sponsor.

How it compares

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

This offeringMedian

Raise size$25M vs $7.7M median

Larger than 70% of the 460 offerings that set a size.

How much is sold10% sold vs 50% median

Behind 67% of the 460 offerings with a set size.

Minimum investment$100,000 vs $50,000 median

Higher than 61% of the 427 offerings that stated a minimum.

Where the sponsor is based

The Utah housing market

Typical home value $533KChange, 12 months 1.2%Salt Lake City metro $559K

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

See Utah market data

Filing details

File number: 021-602397
Latest filing: Form D, Oct 23, 2026
Accession number: 0002160408-26-000001
Entity type: Limited Liability Company
Industry group: Residential
Principal place of business: Salt Lake City, Utah
Exemption claimed: Rule 506(b)
First sale: Oct 16, 2026

Timeline

First sale
Oct 16, 2026
Form D filed with the SEC
Oct 23, 2026
$2.5M sold (10% of the target)
As reported Oct 23, 2026

Other recent filings from Utah

All fund filings

This page summarizes a notice MCRE Development, LLC filed with the SEC. Fidelis First is not affiliated with MCRE Development, LLC, 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 23, 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 23, 2026

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