Gratus Capital Properties Fund III LLC
Raising nowOperatingReal Estate · Minneapolis, MN
Gratus Capital Properties Fund III holds minority and majority stakes in seven property-owning entities, mostly new-construction apartment buildings in North Dakota and Minnesota, plus an industrial building in Maple Grove, MN. It earns rental income and may also add other multi-family, commercial and single-family assets or real estate-backed loans.
This company has an open fundraising round.
Financials
FY2020–FY2025 · from SEC filings · hover any figure for its sourceFigures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inDotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.
Cap table
Share counts as of Jun 11, 2026| Class | Outstanding | Votes / share | Share of total | Last price |
|---|---|---|---|---|
| Class A Interests | 1,649,132 | — | 86.4% | — |
| Class B | 258,998 | — | 13.6% | — |
| Class C Interests | 100 | — | 0.01% | $11.08Jun 2025 |
| Total | 1,908,230 | 100% |
Shares outstanding over timein today's share terms
Principal holders% as the filing states it, Jun 11, 2026
- as of100.0%of company
- Jason WeimerClass A Interests4.82%of company
- Peter CarlsonClass A Interests0.83%of company
- Robert BarlauClass A Interests0.14%of company
Sold to the crowd
- Reg A+ · Jun 20211,536,513 Class C at $10.00$15.4M
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
7 peopleNames and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.
SEC filings
View all 53 filings on EDGAR- Form 1-SASep 28, 20260001477932-26-005829EDGAR
- Form 1-UAug 10, 20260001477932-26-004813EDGAR
- Form 253G2Jul 20, 20260001477932-26-004389EDGAR
- Form QUALIFJun 30, 20269999999994-26-000128EDGAR
- Form 1-A POSJun 11, 20260001477932-26-003769EDGAR
- Form 1-A-WJun 11, 20260001477932-26-003774EDGAR
- Form 1-A/AJun 10, 20260001477932-26-003742EDGAR
- Form 1-KMay 8, 20260001477932-26-002898EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.