Larson Capital Real Estate Fund III, LLC

Offering Terms
Target Raise
$50,000,000
Minimum Investment
$25,000
Offering Details
LCREF III was created for investors seeking a diversified portfolio of commercial real estate assets.
The fund will invest opportunistically in order to achieve the most optimal returns for our investors’ capital given the current environment.
Focus will be on acquiring properties that offer growth opportunities, such as multifamily and industrial development.
Expected Final Close:
December 31, 2025
Fund Term:
10 years from final close, subject to two 1-year extensions
Preferred Return:
8%, accrued quarterly from the date
of investment
Profits Split:
100% to investors until the preferred return is reached; 80% thereafter
Planned Investments
The properties listed below are not an exhaustive representation of the expected properties to be offered within the fund; additional properties will be incorporated as we source new investment opportunities. The fund is expected to own a portion of each of the properties shown

Wadsworth Junction
Broomfield, CO | 265-Unit Multifamily Development
Construction
Began:
Q2 2024
1st Units
Expected:
Q3 2025
Full Completion
Expected:
Q3 2026

Vintage Pleasant Grove
Mt. Juliet, TN | 265-Unit Multifamily Development
Construction
Began:
Q1 2025
1st Units
Expected:
Q4 2026
Full Completion
Expected:
Q2 2027

The Sterling
Wilmington, NCโ | 265-Unit Multifamily Development
Construction
Began:
Q1 2025
1st Units
Expected:
Q2 2026
Full Completion
Expected:
Q4 2026

Ever and Verve
College Station, TXโ | 637-Unit / 1,718-Bed Student Housing
Construction
Began:
Q3 2025 (Phase 1)
Q4 2025 (Phase 2)
1st Units
Expected:
Q3 2027 (Phase 1)
Q3 2028 (Phase 2)
Full Completion
Expected:
Q3 2028

Hawk Ridge
Lake St. Louis, MO |ย 408-unit Build-to-Rent & Multifamily Development
Construction
Began:
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1st Units
Expected:
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Full Completion
Expected:
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Local on Delmar
University City, MO |ย 259-Unit, Multifamily Development
Construction
Began:
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1st Units
Expected:
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Full Completion
Expected:
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Persimmon
Hillsborough, NC |ย 346-Unit, Class A Multifamily Property
Construction
Began:
Q1 2025
1st Units
Expected:
Q2 2026
Full Completion
Expected:
Q2 2027

Vintage Hamilton
Chattanooga, TN |ย 247-Unit, Class A Multifamily Property
Construction
Began:
???
1st Units
Expected:
???
Full Completion
Expected:
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Our Team
Our team is comprised of forward-thinking industry experts
Paul Larson – CEO

Paul Larson is the founder and CEO of Larson Financial Holdings (LFH), the parent company of Larson Capital Management. Paul is responsible for business development, capital raise, capital deployment, asset profitability, and strategic direction for the firm. LFH is a one-stop financial resource for its clients, with a platform that supports over 200 Advisors across 30 states with over $6 billion of assets managed and is one of the fastest-growing integrated financial companies in the country.
Paul holds a degree in Finance from Northwestern College.

Jon White is the President of Larson Capital Management. Since joining Larson Capital Management in May 2017, Jon has led the acquisition of property with purchase prices totaling $363.5 million and oversees approximately $165 million in assets under management. Before joining LCM, Jon served as President of Hoffmann Commercial Real Estate (HCRE) and Operating Partner at Osprey Capital, a large family office private equity firm based in Chicago, IL where he was responsible for the deployment of private equity through strategic acquisitions of office, retail, industrial and multi-family assets.
During his tenure at HCRE, Jon executed in excess of $1.5 billion of transactions. As an Operating Partner at Osprey Capital, Jon was responsible for business development, lender sourcing/management, project finance, capital raise, capital deployment, asset/portfolio profitability, M&A underwriting/financial, deal flow and strategic direction.

Connor joined Larson Capital Management in 2020. As the Senior Director of Capital Markets, Connor is responsible for leading the research and due diligence efforts on new acquisitions and developments, as well as managing the development process from inception to completion. Prior to joining LCM, he worked in Investment Sales at Cushman and Wakefield, with a specific focus on institutional sales of office and retail assets. Connor received a Bachelorโs Degree in Finance with an emphasis in Real Estate from the University of Missouri โ Columbia and holds a Missouri Real Estate License.

Jeff Igou serves as General Counsel and Vice President of Strategy at Larson Capital Management, bringing extensive expertise in legal and strategic business leadership. With a deep understanding of real estate investments and corporate governance, Jeff oversees the firmโs legal affairs while driving strategic initiatives that align with Larsonโs mission to shape the future of investing.
Jeff earned his Doctor of Law (J.D.) from Creighton University School of Law in 1998, following a Bachelor of Science (B.S.) in Accounting from Saint Louis University in 1995. His combined legal and financial background equips him with a unique perspective on complex business challenges, allowing him to provide innovative solutions and leadership within the industry.

Lisa joined Larson Capital Management in 2022. As the Director of Asset Management, Lisa manages the financial health of Larsonโs office properties, working with property management and leasing teams to ensure positive financial performance for each building. Lisa has over 30 years of experience in the commercial real estate industry. Before joining LCM, Lisaโs most recent roles included serving as the Market Lead for REDICO, and Executive Director of Property Management for Sansone Group. Lisa earned a Bachelorโs Degree in Business Administration from Southeast Missouri State University and holds a Missouri Real Estate Brokerโs License.

Nelda joined Larson Capital Management in 2019. As the Director of Operations, Nelda is responsible for processing and funding investor subscriptions, managing the investor portal, working closely with Larsonโs advisor teams, providing technical and operational support, and managing relationships with fund custodians. Prior to joining LCM, Nelda served as Senior Director of a sales and operations center for UniGroup, Inc., a leader in the transportation, moving, and storage industry. She also served as Senior Vice President of Marketing for United Way of Greater St. Louis. Nelda earned a Bachelorโs Degree in English, and Master of Business Administration from The University of Iowa.

Alyssa Joined Larson Capital Management in 2022. As the Sr. Director of Investor Relations, Alyssa is responsible for oversight and strategic direction of the investor relations program, including investor reporting and communications, marketing, and capital raise. Prior to joining LCM, she worked at Ascension Investment Management, where she was responsible for all investor reporting and maintaining the accuracy of investment performance for an institutional private fund of funds. She began her career in the investment industry with Fiduciary Asset Management.
Alyssa holds a Bachelor of Science in Business Administration with an emphasis in Finance from University of Missouri โ St. Louis. She is also a Chartered Alternative Investment Analyst (CAIA) Charterholder.
In general, investment in this project involves various and substantial risks, including the risks inherent in the development of real estate and the operation of a multifamily housing property, economic changes, market fluctuations, interest rate changes, liquidity needs, our dependence upon key personnel, conflicts of interest and certain tax risks. The investment strategy outlined provides LCM wide latitude, on behalf of investors, to develop, operate, and eventually sell the project, subject to the Fundโs terms. The foregoing description is general and is not intended to be exhaustive. Prospective investors must recognize that there are inherent limitations on all descriptions of real estate acquisition and sales processes due to the complexity, confidentiality, and subjectivity of such processes. In addition, the description of virtually every investing strategy must be qualified by the fact that investing approaches are continually changing, as is the prospective market for LCM to dispose of the Project, which is critical for generating a positive return for investors. Past performance is not indicative of future results. Please consult your financial, legal, and tax advisors to understand potential risks and impacts.
FOR ACCREDITED INVESTORS ONLY
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