Dev Property 1 MS, LLC

REIT / finance
Rule 506(b)
Radnor, Pennsylvania
Filed Nov 3, 2026

Raising: $125,000
Sold so far: $125,000; 100% sold
Investors: 125
Average check: $1,000; Sold ÷ investors
Minimum: $1,000
Sales commissions: $6,250; Issuer's estimate

In plain English

Dev Property 1 MS, LLC, a real estate finance business based in Radnor, Pennsylvania, filed a Form D with the SEC on Nov 3, 2026 to raise $125,000. It reports $125,000 raised from 125 investors, which is the full amount. That works out to roughly $1,000 per investor. The smallest investment it accepts from an outside investor is $1,000.

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$125K vs $7.7M median

Smaller than 98% of the 460 offerings that set a size.

How much is sold100% sold vs 50% median

Further along than 71% of the 460 offerings with a set size.

Minimum investment$1,000 vs $50,000 median

Lower than 95% of the 427 offerings that stated a minimum.

Where the sponsor is based

The Pennsylvania housing market

Typical home value $287KChange, 12 months 2.2%

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

See Pennsylvania market data

Filing details

File number: 021-603369
Latest filing: Form D, Nov 3, 2026
Accession number: 0002163143-26-000001
Entity type: Limited Liability Company
Industry group: REITS and Finance
Principal place of business: Radnor, Pennsylvania
Exemption claimed: Rule 506(b)
First sale: Oct 27, 2026

Timeline

First sale
Oct 27, 2026
Form D filed with the SEC
Nov 3, 2026
100% of the offering sold
As reported Nov 3, 2026

Other recent filings from Pennsylvania

All fund filings

This page summarizes a notice Dev Property 1 MS, LLC filed with the SEC. Fidelis First is not affiliated with Dev Property 1 MS, 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 Nov 3, 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 Nov 3, 2026

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