SEC Comment Letter 0000000000-23-010113 to Arrived Homes 3, LLC (CIK 0001962723)
Arrived Homes 3, LLC (CIK 0001962723)
Date: Sept. 13, 2023 · CIK: 0001962723 · Accession: 0000000000-23-010113
AI Filing Summary & Sentiment
File numbers found in text: 024-12135
Letter
United States securities and exchange commission logo September 13, 2023 Ryan Frazier Chief Executive Officer Arrived Homes 3, LLC 1700 Westlake Ave North, Suite 200 Seattle, WA 98109 Re:Arrived Homes 3, LLC Offering Statement on Form 1-A Post-qualification Amendment No. 8 Filed August 28, 2023 File No. 024-12135 Dear Ryan Frazier: We have reviewed your amendment and have the following comment. In our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our 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 comment, we may have additional comments. Post Qualification Amendment No. 8 to Offering Statement on Form 1-A Management Management Compensation, page 95 1.We refer to your description of the various fees paid to the manager by each series. Please expand your disclosure to describe how the Sourcing Fee for each series is determined. 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.
FirstName LastNameRyan Frazier Comapany NameArrived Homes 3, LLC September 13, 2023 Page 2 FirstName LastName Ryan Frazier Arrived Homes 3, LLC September 13, 2023 Page 2 You may contact Howard Efron at 202-551-3439 or Jennifer Monick at 202-551-3295 if you have questions regarding comments on the financial statements and related matters. Please contact Kibum Park at 202-551-6836 or Dorrie Yale at 202-551-8776 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: John Rostom, Esq.
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United States securities and exchange commission logo
September 13, 2023
Ryan Frazier
Chief Executive Officer
Arrived Homes 3, LLC
1700 Westlake Ave North, Suite 200
Seattle, WA 98109
Re:Arrived Homes 3, LLC
Offering Statement on Form 1-A
Post-qualification Amendment No. 8
Filed August 28, 2023
File No. 024-12135
Dear Ryan Frazier:
We have reviewed your amendment and have the following comment. In our comments,
we may ask you to provide us with information so we may better understand your disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our 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 comment, we may have additional comments.
Post Qualification Amendment No. 8 to Offering Statement on Form 1-A
Management
Management Compensation, page 95
1.We refer to your description of the various fees paid to the manager by each series. Please
expand your disclosure to describe how the Sourcing Fee for each series is determined.
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.
FirstName LastNameRyan Frazier
Comapany NameArrived Homes 3, LLC
September 13, 2023 Page 2
FirstName LastName
Ryan Frazier
Arrived Homes 3, LLC
September 13, 2023
Page 2
You may contact Howard Efron at 202-551-3439 or Jennifer Monick at 202-551-3295 if
you have questions regarding comments on the financial statements and related matters. Please
contact Kibum Park at 202-551-6836 or Dorrie Yale at 202-551-8776 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: John Rostom, Esq.