PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 5:24 AM ET

Sponsor Check › Sponsor group

CI

Cambridge Indy

One sponsor team, 11 deal companies · New Haven, CT

Grouped because: 1 shared person, 1 shared management entity, same business address (9 issuers), similar issuer names (10) (automatic match from the filings) · not the same sponsor?

11deal companies
$49.9Mreported sold
146investors
12Form D filings
2015–2026active
1new, last 12 mo
Follow this sponsor groupLook further ↓

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group Sep 8, 2026 · Courts (RECAP) last checked: Oct 24, 2026, 2:16 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Cambridge Indy is a sponsor group of 11 issuers that PartnerFacts links to one sponsor (shared people, similar issuer names, same business address, shared management entity; automatic match from the filings), filing 12 Form D filings between Jul 2015 and Sep 2026.

What this means One team, 11 deal companies, about 11 years of track record in SEC filings. We link the companies because the same people or address appear on their forms — tap "Request a correction" if that is wrong.

Combined reported sold: $49.9M to 146 investors (latest filing per issuer). Industries as reported: Other Real Estate (7), Residential (4). Issuers are based in CT (11).

What this means $49.9M raised across the group, about $342K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.

Principal people: Nicholas Falker (11 issuers, executive officer and director) and Cambridge Property Management LLC (7 issuers, executive officer, entity).

What this means 11 deals for a two-person team on paper. The person on the most companies is usually the one running the show; their page lists every deal.

Activity: 1 new offering in the last 12 months; latest filing Sep 8, 2026.

What this means still raising money this year.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA), property records (NYC, FL, IL and TX counties) — 1 court case matching the name listed in Key records below.

What this means 1 record came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.

We compared 12 public filings for Cambridge Indy and found 3 differences, 1 worth asking the sponsor about: 4 Form Ds were filed more than 15 days after the first sale; and more below.

What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.

What the community is saying

Community search for Cambridge Indy has not run yet — it is joining a line of 15,388 names; searches run around the clock at the hosts' allowed rate. Searched so far: 28 names.

Community comments are quoted as written by their authors. Sources searched: BiggerPockets forums (via DuckDuckGo, Brave, Bing and BiggerPockets search) and Reddit (search feed + public archive).

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

1 case: 1 judgment

Elm Haven Const LP v. Neri Const LLC judgment
District Court, D. Connecticut · No. 3:01-cv-01307 · Filed Jul 11, 2001 · Closed Nov 27, 2007 · Nature of suit: Contract: Other · Cause: 28:1332 Diversity-Breach of Contract
Role of Elm Haven Const LP v. Neri Const LLC: Party · Outcome: Terminated 2007-11-27 — FJC Integrated Database disposition: Judgment on court trial; judgment for defendant Docket on CourtListener ↗
company name words appear in the caption; court in the issuer's state (CT)
What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:16 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: AZ, CA, DE, TX, WA (crawled Oct 23, 2026)

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched Cambridge Indy..

State securities regulators searched: AZ (Corporation Commission Securities Division), CA (DFPI — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), DE (DOJ Investor Protection Unit), TX (State Securities Board), WA (DFI) — last crawled Oct 23, 2026, 9:57 PM ET. Other states are not covered.

3. Bankruptcies

None found in sources searched — federal bankruptcy courts (CourtListener / RECAP), checked Oct 24, 2026

What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:16 AM ET.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

No comparisons published

What is compared

No public statement by this sponsor group has been collected yet, so there is nothing to compare. Sources compared: the sponsor's own website (known from the issuer's own filings — Form C issuer website, EDGAR company profile — an approved profile claim or Form ADV Item 1.I of its matched adviser) · SEC Form D · SEC Form ADV (IAPD) · Internet Archive · No website is on file for this sponsor group yet.

3 differences found between the filings for Cambridge Indy — 1 worth asking about (compared 12 filings on Oct 24, 2026)

Worth asking · Jan 15, 2025 – Sep 8, 2026

4 Form Ds were filed more than 15 days after the first sale

Form D filed 63 days after the first sale — Cambridge V LLC · Form D filed 17 days after the first sale — Cambridge OH I LLC · Form D filed 36 days after the first sale — Cambridge PA I LLC · Form D filed 32 days after the first sale — Cambridge NC I LLC

What this means Late notices are common and carry no penalty by themselves. A pattern of late paperwork is worth asking the sponsor about.

Form D · Mar 19, 2025 ↗Cambridge V LLC — PartnerFacts page ↗Form D · Sep 8, 2026 ↗Cambridge OH I LLC — PartnerFacts page ↗
Sources
Note · Jan 22, 2020 – Mar 6, 2020

Offering amount changed between filings — Elm New Haven LLC

The Jan 22, 2020 filing says $2,000,000 offered; the Mar 6, 2020 Form D/A says $2,385,000.

What this means The target raise changed. Raising the cap is common when a deal grows; ask whether the extra money has the same terms and use.

Form D (earlier) · Jan 22, 2020 ↗Form D/A (later) · Mar 6, 2020 ↗Elm New Haven LLC — PartnerFacts page ↗
Sources
Note · Jul 17, 2015 – Jun 23, 2025

8 offerings have no amendment in the last 12 months and may still be open

No amendment in the last 12 months on an offering that may still be open — Cambridge NC I LLC (latest filing Jun 23, 2025) · No amendment in the last 12 months on an offering that may still be open — Cambridge V LLC (latest filing Mar 19, 2025) · No amendment in the last 12 months on an offering that may still be open — Cambridge Indy IV LLC (latest filing Nov 20, 2024) · No amendment in the last 12 months on an offering that may still be open — Cambridge Indy III LLC (latest filing Jul 18, 2024) · No amendment in the last 12 months on an offering that may still be open — Cambridge IV LLC (latest filing Apr 10, 2023) · and 3 more

What this means SEC rules expect a yearly amendment while an offering is still going. Ask the sponsor which of these raises have closed.

Form D · Jun 23, 2025 ↗Cambridge NC I LLC — PartnerFacts page ↗Form D · Mar 19, 2025 ↗Cambridge V LLC — PartnerFacts page ↗
Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. As of Oct 24, 2026.

5. Money to insiders

0 of 11 offerings report sales commissions; 0 report finder's fees; 2 report proceeds to related persons totalling $232,767. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Sep 8, 2026 D
Cambridge OH I LLC
File 021-596724
$0$0$143,241 (est.)
The Manager may receive a one-time property acquisition fee, as further described in Issuer's offering documents.
None listed on this filingEDGAR ↗
Sep 30, 2025 D
Cambridge PA I LLC
File 021-559215
$0$0$89,526 (est.)
The Manager will receive a one-time property acquisition fee, as further described in Issuer's offering documents.
None listed on this filingEDGAR ↗
Jun 23, 2025 D
Cambridge NC I LLC
File 021-549602
$0$0$0 (est.)
The Manager may receive a one-time property acquisition fee, as further described in Issuer's offering documents.
None listed on this filingEDGAR ↗
Mar 19, 2025 D
Cambridge V LLC
File 021-541404
$0$0$0 (est.)
Affiliates of the Issuer may be paid certain acquisition and development fees, as further described in Issuer's offering documents.
None listed on this filingEDGAR ↗
Nov 20, 2024 D
Cambridge Indy IV LLC
File 021-529964
$0$0$0 (est.)
Affiliates of the Issuer may be paid certain acquisition and development fees, as further described in Issuer's offering documents.
None listed on this filingEDGAR ↗
Jul 18, 2024 D
Cambridge Indy III LLC
File 021-519138
$0$0$0 (est.)
The Manager will receive a management fee payable by the Issuer equal to a specified percentage of assets under management, as further described in Issuer?s offering documents.
None listed on this filingEDGAR ↗
Apr 10, 2023 D
Cambridge IV LLC
File 021-478394
$0$0$0 (est.)
The Manager will receive a management fee payable by the Issuer equal to a specified percentage of assets under management, as further described in Issuer?s offering documents.
None listed on this filingEDGAR ↗
Nov 9, 2020 D
Cambridge III LLC
File 021-380054
$0$0$0N/A no CRD number reportedEDGAR ↗
Mar 6, 2020 D/A
Elm New Haven LLC
File 021-358699
$0$0$0N/A no CRD number reportedEDGAR ↗
Mar 29, 2017 D
Cambridge II LLC
File 021-283596
$0$0$0N/A no CRD number reportedEDGAR ↗
Jul 21, 2015 D
Cambridge I LLC
File 021-244105
$0$0$0NA no CRD number reported
via NA
EDGAR ↗
How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across all 11 issuers in this group — every filing in our index, latest filing per offering (SEC file number).

Property records 0 documents · 0 ownership records · last checked Oct 23, 2026, 8:59 PM ET · NYC and Cook County lookup still to run

0 recorded documents and 0 ownership records matched to Cambridge Indy in the sources searched.

Not found in sources searched as of Oct 23, 2026, 8:59 PM ET: Hillsborough County FL Clerk of Court Official Records daily index (publicrec.hillsclerk.com D/P/M files), 2 daily files (Oct 14, 2026 to Oct 15, 2026) — loaded Oct 23, 2026, 8:59 PM ET; Florida DOR NAL roll (Hillsborough 39) roll year 2026 — loaded Oct 23, 2026, 8:54 PM ET; Florida DOR NAL roll (Dade 23) roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV roll year 2026 — loaded Oct 23, 2026, 8:58 PM ET. Still to be looked up for this group: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) · NYC PLUTO ownership via NYC Open Data (64uk-42ks) · Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp). Records in other counties, and recorder indexes we do not yet cover, were not searched.

Property records coverage: New York City (ACRIS recorded documents and PLUTO ownership, looked up per issuer when its page is viewed; re-checked when the page is viewed again more than 30 days after the last check); Hillsborough County FL (recorded documents from Oct 14, 2026 forward; ownership from FL DOR roll 2026); Cook County IL (assessor ownership and deed/sale records, looked up per issuer when its page is viewed); Harris County TX and Dallas County TX (assessor ownership rolls only, 2026 roll; no deed, mortgage or sale records); Miami-Dade County FL (ownership from FL DOR roll only; Clerk recorded documents not covered). Recorder indexes for TX, AZ, IL and WA counties, mortgages and liens outside NYC and FL, lis pendens and foreclosure notices everywhere, Miami-Dade County FL recorded documents, Maricopa County AZ, King County WA, Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 23, 2026, 8:58 PM ET; Harris County Appraisal District real_acct.txt Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Dade 23) Oct 23, 2026, 8:58 PM ET; Florida DOR NAL roll (Hillsborough 39) Oct 23, 2026, 8:54 PM ET. NYC and Cook County are looked up per issuer when its page is viewed; the most recent such lookup on this site finished Oct 24, 2026, 3:30 AM ET. Parties are named as the recorder's index names them (role suffixes as recorded); no address, account number or trust date is shown for an individual, and individual owners of record (home ownership) are not matched or shown. Items still in human review are not shown.

Issuers in this group

Why each issuer is here is stated in the "Linked by" column. Low-confidence links are never shown — they wait for human review.

SourceIssuerLinked byLocationIndustryFilingsSold (max)InvestorsMin. investment (latest filing)Active
EDGAR ↗CI Cambridge I LLCshared people, similar issuer namesNEW HAVEN, CTResidential1$2,150,000
offering $2,500,000 · similar: $1,675,000–$12,980,153
14
similar: 5–37
$20,000
similar: $25,000–$86,942
2015–2015
EDGAR ↗C Cambridge II LLCshared people, same business address, similar issuer namesNEW HAVEN, CTResidential1$2,680,000
offering $10,000,000 · similar: $1,675,000–$12,980,153
18
similar: 5–37
$35,000
similar: $25,000–$86,942
2017–2017
EDGAR ↗EN Elm New Haven LLCshared peopleNEW HAVEN, CTResidential2$2,385,000
offering $2,385,000 · similar: $1,675,000–$12,980,153
16
similar: 5–37
$10,000
similar: $25,000–$86,942
2020–2020
EDGAR ↗C Cambridge III LLCshared people, same business address, similar issuer namesNEW HAVEN, CTResidential1$3,800,000
offering Indefinite · similar: $1,675,000–$12,980,153
22
similar: 5–37
$100,000
similar: $25,000–$86,942
2020–2020
EDGAR ↗C Cambridge IV LLCshared people, shared management entity, same business address, similar issuer namesNEW HAVEN, CTOther Real Estate1$7,750,000
offering Indefinite · similar: $2,250,000–$16,950,000
25
similar: 5–32
$20,000
similar: $15,000–$100,000
2023–2023
EDGAR ↗CI Cambridge Indy III LLCshared people, shared management entity, same business address, similar issuer namesNEW HAVEN, CTOther Real Estate1$3,150,000
offering $4,900,000 · similar: $2,250,000–$16,950,000
7
similar: 5–32
$100,000
similar: $15,000–$100,000
2024–2024
EDGAR ↗CI Cambridge Indy IV LLCshared people, shared management entity, same business address, similar issuer namesNew Haven, CTOther Real Estate1$2,719,000
offering $3,119,000 · similar: $2,250,000–$16,950,000
7
similar: 5–32
$50,000
similar: $15,000–$100,000
2024–2024
EDGAR ↗CV Cambridge V LLCshared people, shared management entity, same business address, similar issuer namesNew Haven, CTOther Real Estate1$18,195,000
offering Indefinite · similar: $2,250,000–$16,950,000
24
similar: 5–32
$20,000
similar: $15,000–$100,000
2025–2025
EDGAR ↗CN Cambridge NC I LLCshared people, shared management entity, same business address, similar issuer namesNew Haven, CTOther Real Estate1$3,838,125
offering $4,150,000 · similar: $2,250,000–$16,950,000
5
similar: 5–32
$97,600
similar: $15,000–$100,000
2025–2025
EDGAR ↗CP Cambridge PA I LLCshared people, shared management entity, same business address, similar issuer namesNew Haven, CTOther Real Estate1$3,041,578
offering $3,041,578 · similar: $2,250,000–$16,950,000
6
similar: 5–32
$100,000
similar: $15,000–$100,000
2025–2025
EDGAR ↗CO Cambridge OH I LLCshared people, shared management entity, same business address, similar issuer namesNew Haven, CTOther Real Estate1$220,162
offering $3,878,366 · similar: $2,250,000–$16,950,000
2
similar: 5–32
$10,000
similar: $15,000–$100,000
2026–2026

"Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Residential / 506(b) (4,183 filings); Other Real Estate / 506(b) (5,033 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

Timeline of offerings

SourceFiledIssuerFormIndustryOfferedSold
EDGAR ↗Sep 8, 2026Cambridge OH I LLCDOther Real Estate$3,878,366$220,162
EDGAR ↗Sep 30, 2025Cambridge PA I LLCDOther Real Estate$3,041,578$3,041,578
EDGAR ↗Jun 23, 2025Cambridge NC I LLCDOther Real Estate$4,150,000$3,838,125
EDGAR ↗Mar 19, 2025Cambridge V LLCDOther Real EstateIndefinite$18,195,000
EDGAR ↗Nov 20, 2024Cambridge Indy IV LLCDOther Real Estate$3,119,000$2,719,000
EDGAR ↗Jul 18, 2024Cambridge Indy III LLCDOther Real Estate$4,900,000$3,150,000
EDGAR ↗Apr 10, 2023Cambridge IV LLCDOther Real EstateIndefinite$7,750,000
EDGAR ↗Nov 9, 2020Cambridge III LLCDResidentialIndefinite$3,800,000
EDGAR ↗Mar 6, 2020Elm New Haven LLCD/AResidential$2,385,000$2,385,000
EDGAR ↗Jan 22, 2020Elm New Haven LLCDResidential$2,000,000$0
EDGAR ↗Mar 29, 2017Cambridge II LLCDResidential$10,000,000$2,680,000
EDGAR ↗Jul 21, 2015Cambridge I LLCDResidential$2,500,000$2,150,000

Activity: 1 new offering in the last 12 months across all issuers in this group (new offering = a Form D that is not an amendment, D/A) · most recent filing Sep 8, 2026. Industry history, as reported on each offering's latest filing: Previous offerings: Residential (2015–2020). Latest offering: Other Real Estate (2023–2026; most recent Sep 8, 2026).

People across the group

NameRolesIssuers hereFirst → last listed
NF Nicholas FalkerExecutive Officer, Director11Jul 21, 2015 → Sep 8, 2026
CP Cambridge Property Management LLC entityExecutive Officer7Apr 10, 2023 → Sep 8, 2026

Adviser registration (Form ADV)

Searched SEC Form ADV bulk data (registered + exempt reporting advisers) (24,962 records as of Oct 2, 2026, 8:00 AM ET) — nothing matched Cambridge Indy.

Meta advertising

No Meta Pixel ids or Facebook / Instagram page links on file for Cambridge Indy as of Oct 24, 2026 — the sponsor website is read for them once it is on file (runs automatically). Meta Ad Library: not searched by PartnerFacts (no API access); a one-tap Ad Library search is under Look further.

Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

Public profiles and social

No website or social profile named in Cambridge Indy's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #75,917 of 374,652 in line (14 issuers searched so far). One-tap searches: Look further ↓

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Change history

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Free. Covers the grouping itself or any record shown here. Logged with status: received → under review → fixed / confirmed with source.

Sponsor response

Add a sourced explanation next to any fact. Reviewed before publishing.

Grouping is PartnerFacts' inference from public filings (shared related persons, management entities, business address). Everything else on this page is drawn from the filings themselves. Not the same sponsor? Request a correction.

Look further

One-tap searches on sites we do not index ourselves, with the name pre-filled (outside the US (as filed: NEW HAVEN), CT). Each opens in a new tab; what you find there is not verified by PartnerFacts.

Social and web

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Courts

CourtListener / RECAP (federal) ↗PACER case locator (federal, login) ↗Connecticut Judicial Branch case look-up ↗

Securities regulators

SEC EDGAR full-text search ↗SEC action look-up ↗FINRA BrokerCheck ↗SEC IAPD adviser search ↗

Business registries

Connecticut Secretary of State business search ↗OpenCorporates ↗