SEC Comment Letter 0000000000-25-004674 to Roots Real Estate Investment Community I, LLC (CIK 0001866803)
Roots Real Estate Investment Community I, LLC (CIK 0001866803)
Date: May 2, 2025 · CIK: 0001866803 · Accession: 0000000000-25-004674
AI Filing Summary & Sentiment
File numbers found in text: 024-11897
Letter
May 2, 2025 Daniel Dorfman Manager Roots Real Estate Investment Community I, LLC 1344 La France Street NE Atlanta, GA 30307 Re:Roots Real Estate Investment Community I, LLC Post-Qualification Amendment No.8 to Offering Statement on Form 1-A Filed April 28, 2025 File No. 024-11897 Dear Daniel Dorfman: We have reviewed your amendment and have the following comment. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe the comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to this letter, we may have additional comments. Post-Qualification Amendment No.8 to Offering Statement on Form 1-A Real Estate Portfolio, page 49 1.We acknowledge your response to prior comment 1 and reissue. To provide further clarity and context for investors, please disclose the occupancy rate and average effective annual rent on a group basis similarly to your other grouped disclosure provided. We will consider qualifying your offering statement at your request. If a participant in your offering is required to clear its compensation arrangements with FINRA, please have FINRA advise us that it has no objections to the compensation arrangements prior to qualification. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.
May 2, 2025 Page 2 Please contact Babette Cooper at 202-551-3396 or Jennifer Monick at 202-551-3295 if you have questions regarding comments on the financial statements and related matters. Please contact Pearlyne Paulemon at 202-551-8714 or Pam Howell at 202-551-3357 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc:Michael P. Williams
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May 2, 2025
Daniel Dorfman
Manager
Roots Real Estate Investment Community I, LLC
1344 La France Street NE
Atlanta, GA 30307
Re:Roots Real Estate Investment Community I, LLC
Post-Qualification Amendment No.8 to Offering Statement on Form 1-A
Filed April 28, 2025
File No. 024-11897
Dear Daniel Dorfman:
We have reviewed your amendment and have the following comment.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe the comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response. After reviewing any amendment to your offering statement and the information you
provide in response to this letter, we may have additional comments.
Post-Qualification Amendment No.8 to Offering Statement on Form 1-A
Real Estate Portfolio, page 49
1.We acknowledge your response to prior comment 1 and reissue. To provide further
clarity and context for investors, please disclose the occupancy rate and average
effective annual rent on a group basis similarly to your other grouped disclosure
provided.
We will consider qualifying your offering statement at your request. If a participant in
your offering is required to clear its compensation arrangements with FINRA, please have
FINRA advise us that it has no objections to the compensation arrangements prior to
qualification.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence
of action by the staff.
May 2, 2025
Page 2
Please contact Babette Cooper at 202-551-3396 or Jennifer Monick at 202-551-3295
if you have questions regarding comments on the financial statements and related
matters. Please contact Pearlyne Paulemon at 202-551-8714 or Pam Howell at 202-551-3357
with any other questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc:Michael P. Williams