Frost Development LLC
- Commercial
- Rule 506(b)
- Jericho, New York
- Filed Nov 6, 2026
- Raising
- $4,150,000
- Sold so far
- $4,150,000
- 100% sold
- Investors
- 10
- Average check
- $415,000
- Sold ÷ investors
- Minimum
- $250,000
- Sales commissions
- $0
- Issuer's estimate
In plain English
Frost Development LLC, a commercial real estate business based in Jericho, New York, filed a Form D with the SEC on Nov 6, 2026 to raise about $4.2 million. It reports about $4.2 million raised from 10 investors, which is the full amount. That works out to roughly $415,000 per investor. The smallest investment it accepts from an outside investor is $250,000.
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 563 real estate offerings filed Oct 11 – Nov 9, 2026.
This offeringMedian
Smaller than 65% of the 441 offerings that set a size.
Further along than 70% of the 441 offerings with a set size.
Higher than 85% of the 407 offerings that stated a minimum.
Where the sponsor is based
The New York housing market
Typical home value $525KChange, 12 months 5.6%
Form D lists the issuer's principal place of business, not where its properties are. Home values for Sep 2026.
Filing details
- File number
- 021-603940
- Latest filing
- Form D, Nov 6, 2026
- Accession number
- 0002162811-26-000001
- Entity type
- Limited Liability Company
- Industry group
- Commercial
- Principal place of business
- Jericho, New York
- Exemption claimed
- Rule 506(b)
- First sale
- Nov 2, 2026
Timeline
First sale
Nov 2, 2026
Form D filed with the SEC
Nov 6, 2026
100% of the offering sold
As reported Nov 6, 2026
Other recent filings from New York
All fund filings- HUDSON HOUSING TAX CREDIT FUND CXXIV LPNew York · Other fund · 506(b) · Nov 9Indefinite
- HUDSON HOUSING TAX CREDIT FUND CXXVII LLCNew York · Other fund · 506(b) · Nov 9Indefinite
- FREX DB Series I DSTNew York · Other real estate · 506(c) · Nov 5$40.2M
- Spandrel Sponsors Fund II, LPNew York · Other real estate · 506(b) · Nov 5Indefinite
- Elite 101 LLCGreat Neck · Other real estate · 506(b) · Nov 4$25M
- Fortress Net Lease REITNew York · REIT / finance · 506(b) · Nov 3Indefinite
This page summarizes a notice Frost Development LLC filed with the SEC. Fidelis First is not affiliated with Frost 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 Nov 6, 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 6, 2026
Source: Data Provided by Zillow Group · As of Sep 2026