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SEC Comment Letter for NV REIT LLC (CIK 0001947455) — Aug 7, 2025

NV REIT LLC (CIK 0001947455)
Date: Aug. 7, 2025 · CIK: 0001947455 · Accession: 0000000000-25-008319

AI Filing Summary & Sentiment

File numbers found in text: 024-12089

Date
August 7, 2025
Author
Not clearly detected
Form
UPLOAD
Company
NV REIT LLC (CIK 0001947455)

Letter

August 7, 2025 Jamison Manwaring Chief Executive Officer NV REIT LLC 5227 N. 7th Street Phoenix, AZ 85014 Re:NV REIT LLC Offering Statement on Form 1-A Post-qualification Amendment No. 2 Filed July 31, 2025 File No. 024-12089 Dear Jamison Manwaring: We have reviewed your amendment and have the following comments. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe a 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. Unless we note otherwise, any references to prior comments are to comments in our July 1, 2025 letter Post-Qualification Amendment on Form 1-A Risks of Investing Risk from Late Filing of this Amendment, page 11 1.We note your response to prior comment 2, including your statement that investors might claim that their Class A shares were issued improperly. Please also discuss any applicable consequences that may arise from such claims, such as any risk of potential claims for recission or damages. Further, please revise to remove the mitigating language in the last sentence. In addition, we note that your revised disclosure states that you have issued 5,633 Class A Investor Shares since January 8, 2024 for an aggregate consideration of $563,300. However, as we previously noted in prior comment 1, your disclosure elsewhere, such as your disclosure on page F-15, states that during the year ended December 31, 2024, you sold Class A investor shares for net proceeds of $1,486,957. Please revise to reconcile your disclosures.

August 7, 2025 Page 2 Signatures, page 68 2.We acknowledge your revised disclosures in response to prior comment 4, but we note that your revised signature page does not include the signature of your principal financial officer and principal accounting officer. To the extent Heidi Butler is serving in each of these capacities, please clarify, or otherwise provide the signature of the individual serving in these capacities. General 3.We acknowledge your revised disclosures in response to prior comment 1. However, we note that your disclosure in Item 4 of Part I continues to state that you have not received any proceeds pursuant to this offering statement within the prior 12 months. Please revise to reconcile your disclosures, or advise. 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. Please contact Stacie Gorman at 202-551-3585 or Dorrie Yale at 202-551-8776 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc:Mark Roderick, Esq.

Show Raw Text
August 7, 2025
Jamison Manwaring
Chief Executive Officer
NV REIT LLC
5227 N. 7th Street
Phoenix, AZ 85014
Re:NV REIT LLC
Offering Statement on Form 1-A
Post-qualification Amendment No. 2
Filed July 31, 2025
File No. 024-12089
Dear Jamison Manwaring:
            We have reviewed your amendment and have the following  comments.
            Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe a 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. Unless we note
otherwise, any references to prior comments are to comments in our July 1, 2025 letter
Post-Qualification Amendment on Form 1-A
Risks of Investing
Risk from Late Filing of this Amendment, page 11
1.We note your response to prior comment 2, including your statement that investors
might claim that their Class A shares were issued improperly. Please also discuss any
applicable consequences that may arise from such claims, such as any risk of potential
claims for recission or damages. Further, please revise to remove the mitigating
language in the last sentence. In addition, we note that your revised disclosure states
that you have issued 5,633 Class A Investor Shares since January 8, 2024 for an
aggregate consideration of $563,300. However, as we previously noted in prior
comment 1, your disclosure elsewhere, such as your disclosure on page F-15, states
that during the year ended December 31, 2024, you sold Class A investor shares for
net proceeds of $1,486,957. Please revise to reconcile your disclosures.

August 7, 2025
Page 2
Signatures, page 68
2.We acknowledge your revised disclosures in response to prior comment 4, but we
note that your revised signature page does not include the signature of your principal
financial officer and principal accounting officer. To the extent Heidi Butler is serving
in each of these capacities, please clarify, or otherwise provide the signature of the
individual serving in these capacities.
General
3.We acknowledge your revised disclosures in response to prior comment 1. However,
we note that your disclosure in Item 4 of Part I continues to state that you have not
received any proceeds pursuant to this offering statement within the prior 12 months.
Please revise to reconcile your disclosures, or advise.
            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.
            Please contact Stacie Gorman at 202-551-3585 or Dorrie Yale at 202-551-8776 with
any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc:Mark Roderick, Esq.