UPNH Carolinas LLC

Other real estate
Rule 506(b)
Richmond, Virginia
Filed Oct 30, 2026

Raising: $20,000,000
Sold so far: $12,500,000; 63% sold
Investors: 14
Average check: $892,857; Sold ÷ investors
Minimum: None stated
Sales commissions: $0; Issuer's estimate

In plain English

UPNH Carolinas LLC, a real estate business based in Richmond, Virginia, filed a Form D with the SEC on Oct 30, 2026 to raise $20 million. It reports $12.5 million raised from 14 investors, 63% of its target. That works out to roughly $893,000 per investor. It didn't state a minimum investment.

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$20M vs $7.7M median

Larger than 67% of the 460 offerings that set a size.

How much is sold63% sold vs 50% median

Further along than 54% of the 460 offerings with a set size.

Minimum investmentNone stated vs $50,000 median

167 of the 594 offerings didn't state one either.

Where the sponsor is based

The Virginia housing market

Typical home value $412KChange, 12 months 2.1%Richmond metro $392K

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

See Virginia market data

Filing details

File number: 021-603125
Latest filing: Form D, Oct 30, 2026
Accession number: 0002161445-26-000001
Entity type: Limited Liability Company
Industry group: Other Real Estate
Principal place of business: Richmond, Virginia
Exemption claimed: Rule 506(b)
First sale: Oct 15, 2026

Timeline

First sale
Oct 15, 2026
Form D filed with the SEC
Oct 30, 2026
$12.5M sold (63% of the target)
As reported Oct 30, 2026

Other recent filings from Virginia

All fund filings

This page summarizes a notice UPNH Carolinas LLC filed with the SEC. Fidelis First is not affiliated with UPNH Carolinas 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 30, 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 30, 2026

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