PartnerFacts
Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 10:22 AM ET

Sponsor Check › Sponsor group

N

Nre

One sponsor team, 13 deal companies · Beverly Hills, CA

Grouped because: 4 shared people, similar issuer names (2) (automatic match from the filings) · not the same sponsor?

13deal companies
$128.6Mreported sold
204investors
17Form D filings
2018–2026active
2new, last 12 mo
Follow this sponsor groupLook further ↓

Data last updated Oct 23, 2026, 5:45 PM ET · Latest filing in this group Mar 9, 2026 · Courts (RECAP) last checked: Oct 24, 2026, 2:14 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

Nre is a sponsor group of 13 issuers that PartnerFacts links to one sponsor (shared people, similar issuer names; automatic match from the filings), filing 17 Form D filings between Mar 2018 and Mar 2026.

What this means One team, 13 deal companies, about 8 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: $128.6M to 204 investors (latest filing per issuer). Industries as reported: Residential (12), Other Real Estate (1). Issuers are based in CA (13).

What this means $128.6M raised across the group, about $630K per investor. Amounts come from each company's latest Form D; they are what the sponsor reported, not audited figures.

Principal people: David Nazarian (13 issuers, executive officer, director, and promoter), Andrew Winograd (12 issuers, executive officer and promoter), Afshin Kateb (3 issuers, executive officer), Phillip Nazarian (2 issuers, executive officer and promoter), Kateb Afshin (1 issuer, executive officer) and 1 more.

What this means The person on the most companies is usually the one running the show; their page lists every deal.

Activity: 2 new offerings in the last 12 months; latest filing Mar 9, 2026.

What this means still raising money this year.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CO, CT, DC, DE, FINRA, FL, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WI, WV, WY), property records (NYC, FL, IL and TX counties) — none found.

What this means Nothing turned up where we looked (4 sources). That does not prove there is nothing — it means none was found in those sources on that date.

We compared 17 public filings for Nre and found 17 differences, 2 worth asking the sponsor about: 6 filings report more than 10% of the money raised going to insiders; Nre includes 4 deals that stopped filing before reaching their target; 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 Nre has not run yet — it is joining a line of 52,691 names; searches run around the clock at the hosts' allowed rate. Searched so far: 641 names.

Community comments are quoted as written by their authors. Sources searched: Bing (site:reddit.com / site:biggerpockets.com) and Reddit's own search, plus DuckDuckGo/Brave/BiggerPockets search when they are answering.

Key records

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

1. Lawsuits

None found so far — 13 of 13 issuers searched (federal courts (CourtListener / RECAP), last checked Oct 24, 2026)

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.. Searched so far: 13 of 13 issuers in this group; 0 still to be searched. Results are added automatically.

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: 48 regulators (FINRA, NASAA, 37 states) — crawled Oct 24, 2026, 8:48 AM ET

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 Nre..

State securities regulators: Securities regulators searched (64,910 actions): FINRA (38,350 actions, 1995–2026), NASAA (31 actions, 2000–2026; listing starts 1997), AK Division of Banking and Securities (273 actions, 1971–2025), AL Securities Commission (880 actions, 2001–2026), AR Securities Department (1,305 actions, 1998–2026), AZ Corporation Commission Securities Division (411 actions, 2017–2026), CA DFPI (25 actions, 2007–2024; listing starts 2002 — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), CO Division of Securities (731 actions, 2001–2026; older years from the Internet Archive (snapshot of 2026-05-02)), CT Department of Banking Securities Division (940 actions, 2006–2026; older years from the Internet Archive (snapshot of 2026-04-22)), DC DISB Securities Bureau (25 actions, 2012–2026), DE DOJ Investor Protection Unit (257 actions, 1987–2026), FL Office of Financial Regulation (49 actions, 2018–2026), GA Secretary of State Securities Division (65 actions, 2015–2026; listing starts 2012), HI DCCA Securities Enforcement Branch (26 actions, 2012–2026), ID Department of Finance Securities Bureau (663 actions, 1994–2026), IL Secretary of State Securities Department (4,122 actions, 2003–2023), KS Insurance Department Securities Division (58 actions), KY Department of Financial Institutions (342 actions, 2005–2026), LA Office of Financial Institutions Securities Division (13 actions, 2010–2025; listing starts 2008), MA Secretary of the Commonwealth Securities Division (125 actions, 2012–2025; live site blocks automated access — loaded from the Internet Archive snapshot of 2026-02-04), MD Attorney General Securities Division (1,054 actions, 2004–2026), ME Office of Securities (539 actions, 2000–2026), MI LARA Corporations, Securities & Commercial Licensing Bureau (201 actions), MO Secretary of State Securities Division (919 actions, 1998–2026), MS Secretary of State Securities Division (209 actions, 1995–2026), MT Commissioner of Securities and Insurance (597 actions, 2000–2026), NC Secretary of State Securities Division (265 actions, 2004–2024), ND Securities Department (711 actions, 1990–2026; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2026-01-06), NH Bureau of Securities Regulation (402 actions, 2002–2026), NM Regulation and Licensing Department Securities Division (90 actions, 2010–2025), NV Secretary of State Securities Division (118 actions, 2018–2026), NY Attorney General Investor Protection Bureau (44 actions, 2012–2026), OH Division of Securities (327 actions, 1993–2006), OK Department of Securities (2,531 actions, 1998–2026), OR Division of Financial Regulation (589 actions, 1988–2026), PA Department of Banking and Securities (1,448 actions, 2008–2024; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2024-08-09), RI DBR Securities Division (98 actions, 2005–2025), SC Attorney General Securities Division (540 actions, 2006–2026), SD Division of Insurance – Securities Regulation (106 actions, 2017–2026), TN Department of Commerce and Insurance Securities Division (405 actions, 1992–2026), TX State Securities Board (936 actions, 1999–2026), UT Division of Securities (772 actions, 2000–2026; older years from the Internet Archive (snapshot of 2010-05-27)), VT DFR Securities Division (137 actions, 2010–2026), WA DFI (2,039 actions, 2001–2026), WI DFI Division of Securities (1,072 actions, 1998–2026), WV Securities Commission (State Auditor) (64 actions), WY Secretary of State Compliance Division (6 actions, 2016–2024) — last crawled Oct 24, 2026, 8:48 AM ET. No machine-readable public listing today for IA, IN, MN, NE, NJ, VA (see docs/state-regulators.md).

3. Bankruptcies

None found so far — 13 of 13 issuers searched (federal bankruptcy courts (CourtListener / RECAP), last 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).. Searched so far: 13 of 13 issuers in this group; 0 still to be searched. Results are added automatically.

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.

17 differences found between the filings for Nre — 2 worth asking about (compared 17 filings on Oct 24, 2026)

Note · Dec 24, 2009 – Jul 22, 2010

Bankruptcy case: Afshin Javaherian, M.D., a Medical Corporation — filed Dec 24, 2009

United States Bankruptcy Court, C.D. California docket "Afshin Javaherian, M.D., a Medical Corporation" filed Dec 24, 2009, closed Jul 22, 2010. Kateb Afshin (listed on the same filings) is listed as Debtor ("Afshin Javaherian, M.D., a Medical Corporation"). Our match estimate: 70%.

What this means A bankruptcy filing was found. Many are old or personal and have nothing to do with the deal — but ask what it was and when it closed.

Docket · United States Bankruptcy Court, C.D. California ↗Kateb Afshin — PartnerFacts page ↗
Sources
Note · Oct 14, 2005 – Mar 9, 2006

Bankruptcy case: David S Nazarian — filed Oct 14, 2005

United States Bankruptcy Court, C.D. California docket "David S Nazarian" filed Oct 14, 2005, closed Mar 9, 2006. David Nazarian (listed on the same filings) is listed as Debtor ("David S Nazarian"). Our match estimate: 70%.

What this means A bankruptcy filing was found. Many are old or personal and have nothing to do with the deal — but ask what it was and when it closed.

Docket · United States Bankruptcy Court, C.D. California ↗David Nazarian — PartnerFacts page ↗
Sources
Worth asking · Mar 15, 2018 – Mar 9, 2026

6 filings report more than 10% of the money raised going to insiders

42% of the money raised went to insiders — NRE AVALON PLACE INVESTORS, LLC · 62% of the money raised went to insiders — NRE Exch18 Investors, LLC · 31% of the money raised went to insiders — NRE Exch18 Investors, LLC · 14% of the money raised went to insiders — NRE STEEL INVESTORS, LLC · 18% of the money raised went to insiders — NRE 21 Rio Holdings, LLC · and 1 more

What this means The filing reports how much of the money raised was paid to insiders. Over 10% is high for most deals. Ask what it paid for.

Form D · Mar 9, 2026 ↗NRE AVALON PLACE INVESTORS, LLC — PartnerFacts page ↗Form D · Apr 29, 2022 ↗NRE Exch18 Investors, LLC — PartnerFacts page ↗
Sources
Worth asking · Mar 21, 2022 – Oct 2, 2024

Nre includes 4 deals that stopped filing before reaching their target

NRE Carrollton Investors, LLC (last filing Oct 2, 2024; $9,100,000 sold of $36,000,000); NRE 21 Rio Holdings, LLC (last filing Dec 20, 2022; $3,175,000 sold of $20,300,000); NRE Exch18 Investors, LLC (last filing Apr 29, 2022; $6,055,000 sold of $60,000,000); NRE SBJV1 Investors, LLC (last filing Mar 21, 2022; $2,140,000 sold of $5,000,000). Each has no filing in more than two years and reported under half its target sold.

What this means An issuer whose last filing is more than two years old and reported under half its target sold. The raise may have closed early or quietly stopped. Ask what happened to each.

NRE Carrollton Investors, LLC — PartnerFacts page ↗NRE 21 Rio Holdings, LLC — PartnerFacts page ↗NRE Exch18 Investors, LLC — PartnerFacts page ↗NRE SBJV1 Investors, LLC — PartnerFacts page ↗
Sources
Note · Oct 30, 2020 – Mar 9, 2026

46 other issuers file from the same address — 12 member issuers (NRE Exch18 Investors, LLC; NRE Carrollton Investors, LLC; NRE USF Investors, LLC; …)

The address on file, 9595 Wilshire Blvd., Suite 600, Beverly Hills, CA, is used by 58 issuers in our index across 8 sponsor groups; 46 are outside this group. It is on our registered-agent / shared-office list (59 issuers in 16 unrelated clusters).

What this means Many unrelated companies file from this address. Often a registered agent or a fund administrator; sometimes a shared office. Ask where the team actually works.

NRE Exch18 Investors, LLC — PartnerFacts page ↗NRE Carrollton Investors, LLC — PartnerFacts page ↗NRE USF Investors, LLC — PartnerFacts page ↗EDGAR filer page · NRE Exch18 Investors, LLC ↗
Sources
Note · Oct 12, 2020 – Nov 4, 2020

Form D filed 23 days after the first sale — NRE USF Investors, LLC

The filing says the first sale was Oct 12, 2020. The Form D was filed Nov 4, 2020 — 23 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 8 days past that.

What this means A late notice is common and carries no penalty by itself. It is worth asking the sponsor why the paperwork lagged.

Form D · Nov 4, 2020 ↗NRE USF Investors, LLC — PartnerFacts page ↗
Sources
Note · Oct 12, 2020 – Oct 30, 2020

Form D filed 18 days after the first sale — NRE Town Lake Investors, LLC

The filing says the first sale was Oct 12, 2020. The Form D was filed Oct 30, 2020 — 18 days later. The rule: a Form D is generally due within 15 days after the first sale, so this one is 3 days past that.

What this means A late notice is common and carries no penalty by itself. It is worth asking the sponsor why the paperwork lagged.

Form D · Oct 30, 2020 ↗NRE Town Lake Investors, LLC — PartnerFacts page ↗
Sources
Note · Mar 6, 2018 – May 14, 2025

13 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 — NRE HILLSIDE INVESTORS, LLC (latest filing May 14, 2025) · No amendment in the last 12 months on an offering that may still be open — NRE USF Investors, LLC (latest filing Nov 26, 2024) · No amendment in the last 12 months on an offering that may still be open — NRE Carrollton Investors, LLC (latest filing Oct 2, 2024) · No amendment in the last 12 months on an offering that may still be open — NRE TREV Knox Investors, LLC (latest filing Jun 27, 2023) · No amendment in the last 12 months on an offering that may still be open — NRE 21 Rio Investors, LLC (latest filing Dec 21, 2022) · and 8 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 · May 14, 2025 ↗NRE HILLSIDE INVESTORS, LLC — PartnerFacts page ↗Form D · Nov 26, 2024 ↗NRE USF Investors, LLC — PartnerFacts page ↗
Sources
Note · Mar 15, 2018 – Apr 29, 2022

Andrew Winograd's role changed at NRE Exch18 Investors, LLC: executive officer → executive officer, promoter

The Mar 15, 2018 filing lists Andrew Winograd as executive officer; the Apr 29, 2022 Form D lists executive officer, promoter.

What this means Roles on Form D are self-reported by the issuer. A change can mean a real change in who runs the company, or just a different box ticked. Ask who makes decisions today.

Form D · Mar 15, 2018 ↗Form D · Apr 29, 2022 ↗Andrew Winograd — PartnerFacts page ↗NRE Exch18 Investors, LLC — PartnerFacts page ↗
Sources
Note · Mar 15, 2018 – Jun 14, 2019

Andrew Winograd is written 2 different ways on the filings

listed as "Andrew Mark Winograd" on the Mar 15, 2018 filing, and "Andrew Winograd" on 15 filings (from Jun 14, 2019).

What this means Same person, written differently — a middle name or suffix left off, or spelled another way. It is normal, but check that the full legal name matches your subscription documents.

Form D · Mar 15, 2018 ↗Form D · Jun 14, 2019 ↗Andrew Winograd — PartnerFacts page ↗
Sources
Note · Mar 27, 2020 – Oct 2, 2024

Reported revenue range changed between filings — NRE Carrollton Investors, LLC

"No Revenues" (Mar 27, 2020); then "Decline to Disclose" (Oct 2, 2024).

What this means This is the size band the issuer picks for itself on the form. A change can mean the business grew or shrank — or that it chose not to say. Ask for current numbers.

Form D · Mar 27, 2020 ↗Form D · Oct 2, 2024 ↗NRE Carrollton Investors, LLC — PartnerFacts page ↗
Sources
Note · Jul 21, 2021 – Jun 27, 2023

Reported revenue range changed between filings — NRE TREV Knox Investors, LLC

"No Revenues" (Jul 21, 2021); then "Decline to Disclose" (Jun 27, 2023).

What this means This is the size band the issuer picks for itself on the form. A change can mean the business grew or shrank — or that it chose not to say. Ask for current numbers.

Form D · Jul 21, 2021 ↗Form D · Jun 27, 2023 ↗NRE TREV Knox Investors, LLC — PartnerFacts page ↗
Sources
Note · Mar 15, 2018 – Apr 29, 2022

Reported revenue range changed between filings — NRE Exch18 Investors, LLC

"$1,000,001 - $5,000,000" (Mar 15, 2018); then "Decline to Disclose" (Apr 29, 2022).

What this means This is the size band the issuer picks for itself on the form. A change can mean the business grew or shrank — or that it chose not to say. Ask for current numbers.

Form D · Mar 15, 2018 ↗Form D · Apr 29, 2022 ↗NRE Exch18 Investors, LLC — PartnerFacts page ↗
Sources
Note · Mar 15, 2018 – Apr 29, 2022

Address moved from Los Angeles, CA to Beverly Hills, CA — NRE Exch18 Investors, LLC

The people listed on the Mar 15, 2018 filing give Los Angeles, CA; on the Apr 29, 2022 filing they give Beverly Hills, CA. The address now on file (9595 Wilshire Blvd., Suite 600, Beverly Hills, CA) is a registered-agent or shared-office address used by 59 issuers.

What this means A registered agent's address is a mailbox, not where the team works. Ask where the business actually operates.

Form D · Mar 15, 2018 ↗Form D · Apr 29, 2022 ↗NRE Exch18 Investors, LLC — PartnerFacts page ↗
Sources
Note · Oct 30, 2020 – Mar 9, 2026

12 issuers use a registered-agent or shared-office address

Address on file is a registered agent / shared office — NRE AVALON PLACE INVESTORS, LLC · Address on file is a registered agent / shared office — NRE STEEL INVESTORS, LLC · Address on file is a registered agent / shared office — NRE SC LOFTS INVESTORS, LLC · Address on file is a registered agent / shared office — NRE HILLSIDE INVESTORS, LLC · Address on file is a registered agent / shared office — NRE USF Investors, LLC · and 7 more

What this means A registered agent's address is a mailbox, not where the team works. Ask where the business operates.

Form D · Mar 9, 2026 ↗NRE AVALON PLACE INVESTORS, LLC — PartnerFacts page ↗Form D · Feb 10, 2026 ↗NRE STEEL INVESTORS, LLC — PartnerFacts page ↗
Sources
Note · Nov 4, 2020 – Nov 26, 2024

Issuer used a different name before — NRE USF Investors, LLC

SEC records list prior names for this filer: Nimes Stuho Ballpark Investors, LLC. The current name on file is "NRE USF Investors, LLC".

What this means A name change is normal, but your documents may show the old name. Match the CIK, not just the name.

EDGAR filer page ↗NRE USF Investors, LLC — PartnerFacts page ↗
Sources
Note · Mar 15, 2018 – Apr 29, 2022

Issuer used a different name before — NRE Exch18 Investors, LLC

SEC records list prior names for this filer: NRE Austin Investors, LLC; NRE Investors, LLC. The current name on file is "NRE Exch18 Investors, LLC".

What this means A name change is normal, but your documents may show the old name. Match the CIK, not just the name.

EDGAR filer page ↗NRE Exch18 Investors, 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 17 offerings report sales commissions; 0 report finder's fees; 17 report proceeds to related persons totalling $12,195,736. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Mar 9, 2026 D
NRE AVALON PLACE INVESTORS, LLC
File 021-575866
$0$0$500,000 (est.)
The Managing Member will receive real estate acquisition fees for the purchase of the replacement properties.
None listed on this filingEDGAR ↗
Feb 10, 2026 D
NRE STEEL INVESTORS, LLC
File 021-573137
$0$0$297,500 (est.)
The Managing Member will receive a real estate acqusition fee for the purchase of the property.
None listed on this filingEDGAR ↗
Oct 3, 2025 D
NRE SC LOFTS INVESTORS, LLC
File 021-559788
$0$0$296,875 (est.)
The Managing Member will receive a real estate acquisition fee of 1.25% of the purchase price of the property.
None listed on this filingEDGAR ↗
May 14, 2025 D
NRE HILLSIDE INVESTORS, LLC
File 021-546089
$0$0$297,500 (est.)
The Managing Member will receive a real estate acquisition fee of 1.25% of the purchase price of the property.
None listed on this filingEDGAR ↗
Nov 26, 2024 D
NRE USF Investors, LLC
File 021-530523
$0$0$500,000 (est.)
The managing member will receive a real property acquisition fee of 1.25% of the purchase price of the replacement real property or properties. The purchase price is unknown at this time.
None listed on this filingEDGAR ↗
Oct 2, 2024 D
NRE Carrollton Investors, LLC
File 021-525655
$0$0$775,000 (est.)
The managing member will receive a real property acquisition fee of 1.25% of the purchase prices upon the the purchase of the replacement properties. The total purchase prices are not known at this time.
None listed on this filingEDGAR ↗
Jun 27, 2023 D
NRE TREV Knox Investors, LLC
File 021-485200
$0$0$1,000,000
The managing member will receive a real property acquisition fee of 1.25% of the purchase prices upon the purchase of the replacement properties. The total purchase prices are not known at this time.
None listed on this filingEDGAR ↗
Dec 21, 2022 D
NRE 21 Rio Investors, LLC
File 021-468161
$0$0$71,094 (est.)
An affiliate of David Nazarian will receive a real property acquisition fee of approximately $71,094 from the issuer.
None listed on this filingEDGAR ↗
Dec 20, 2022 D
NRE 21 Rio Holdings, LLC
File 021-467975
$0$0$568,750 (est.)
The Managing Member will receive a real property acquisition fee of approximately $568,750.
None listed on this filingEDGAR ↗
Apr 29, 2022 D
NRE Exch18 Investors, LLC
File 021-443918
$0$0$1,500,000 (est.)
The managing member will receive a real property acquisition fee of 1.25% of the purchase prices upon the purchase of the replacement properties. The total purchase prices are not known at this time.
None listed on this filingEDGAR ↗
Mar 21, 2022 D
NRE SBJV1 Investors, LLC
File 021-438223
$0$0$139,392 (est.)
The Managing Member will receive a real property acquisition fee of 1% of the purchase price of the real property and a financing fee of approximately $32,392.
None listed on this filingEDGAR ↗
Jul 21, 2021 D
NRE TREV Knox Investors, LLC
File 021-407164
$0$0$968,750 (est.)
The Managing Member will receive a real property acquisition fee of 1.25% of the purchase price of the real property and a financing fee of approximately $200,000.
None listed on this filingEDGAR ↗
Nov 4, 2020 D
NRE USF Investors, LLC
File 021-379626
$0$0$650,000 (est.)
The managing member will receive a real property acquisition fee of 1.25% of the purchase price of the replacement property or properties. The purchase price is unknown at this time.
None listed on this filingEDGAR ↗
Oct 30, 2020 D
NRE Town Lake Investors, LLC
File 021-379277
$0$0$1,000,000 (est.)
The managing member will receive a real property acquisition fee of 1.25% of the purchase price of the replacement real property or properties. The purchase price is unknown at this time.
None listed on this filingEDGAR ↗
Mar 27, 2020 D
NRE Carrollton Investors, LLC
File 021-363848
$0$0$845,000 (est.)
The Managing Member will receive a real property acquisition fee of 1.25% of the purchase price of the real property and a financing fee of approximately $84,000.
None listed on this filingEDGAR ↗
Jun 14, 2019 D
NRE VDP Investors, LLC
File 021-342007
$0$0$910,875 (est.)
The managing member will receive a real property acquisition fee of 1.25% of the purchase price of the replacement property.
None listed on this filingEDGAR ↗
Mar 15, 2018 D
NRE Exch18 Investors, LLC
File 021-307768
$0$0$1,875,000 (est.)
The managing member will receive a real property acquisition fee of 1.25% of the purchase price upon the purchase of the replacement real properties. The purchase price is not known at this time.
None listed on this filingEDGAR ↗
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 13 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 24, 2026, 10:16 AM ET · NYC and Cook County lookup still to run

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

Not found in sources searched as of Oct 24, 2026, 10:16 AM 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; Harris County TX (HCAD ownership rolls 2005–2026) — 1,032,426 records, loaded Oct 24, 2026, 8:00 AM ET; Dallas County TX (DCAD ownership rolls 2021–2027) — 285,535 records, loaded Oct 24, 2026, 8:20 AM ET; Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll), Broward County FL (FL DOR 2026 ownership roll), Palm Beach County FL (FL DOR 2026 ownership roll) — 514,336 records, loaded Oct 24, 2026, 8:25 AM ET; King County WA (Assessor sale records 0000-00-00–2026-10-14; no owner-of-record names published) — 538,619 records, loaded Oct 24, 2026, 8:27 AM ET; Cook County IL (Assessor sale records 1982–2026 + ownership rolls 1999–2026) — 1,263,035 records, loaded Oct 24, 2026, 9:34 AM 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); Harris County TX (ownership only, no deed, mortgage or sale records; HCAD ownership rolls 2005–2026); Dallas County TX (ownership only, no deed, mortgage or sale records; DCAD ownership rolls 2021–2027); Hillsborough County FL (FL DOR 2026 ownership roll + Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026), Miami-Dade County FL (FL DOR 2026 ownership roll), Broward County FL (FL DOR 2026 ownership roll), Palm Beach County FL (FL DOR 2026 ownership roll); King County WA (Assessor sale records 0000-00-00–2026-10-14; no owner-of-record names published); Cook County IL (Assessor sale records 1982–2026 + ownership rolls 1999–2026); also looked up per issuer when its page is viewed. Recorder indexes (party names on deeds, mortgages and liens) in TX, AZ, NV, CA and WA counties and outside the Clerk index in FL, mortgages and liens outside NYC and Hillsborough County, lis pendens and foreclosure notices everywhere, Los Angeles County CA, Clark County NV, New York City bulk pass (not finished; per-issuer lookups only so far), Maricopa County AZ (loader ready; commercial-purpose statement not yet filed), Salt Lake County UT, and all other counties are not covered — not searched. Last refresh by source: NYC ACRIS via NYC Open Data (Real Property Parties 636b-3b5g, Master bnx9-e6tj, Legals 8h5j-fqxa, Document Control Codes 7isb-wh4c) Oct 24, 2026, 9:34 AM ET; Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp) Oct 24, 2026, 9:34 AM ET; Cook County IL Assessor via Cook County Open Data (Parcel Sales wvhk-k5uv; Parcel Addresses 3723-97qp) Oct 24, 2026, 8:30 AM ET; King County WA Assessor Real Property Sales extract (EXTR_RPSale.csv) Oct 24, 2026, 8:27 AM ET; Florida DOR NAL roll (Palm Beach 60) Oct 24, 2026, 8:25 AM ET; Florida DOR NAL roll (Broward 16) Oct 24, 2026, 8:24 AM ET; Florida DOR NAL roll (Dade 23) Oct 24, 2026, 8:23 AM ET; Florida DOR NAL roll (Hillsborough 39) Oct 24, 2026, 8:21 AM ET; Dallas Central Appraisal District ACCOUNT_INFO.CSV Oct 24, 2026, 8:20 AM ET; Harris County Appraisal District real_acct.txt Oct 24, 2026, 8:00 AM ET; Hillsborough County FL Clerk daily index Oct 23, 2026, 8:59 PM ET. NYC and Cook County are also 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 ↗NE NRE Exch18 Investors, LLCshared peopleBEVERLY HILLS, CAResidential2$6,055,000
offering $51,000,000 · similar: $1,675,000–$12,980,153
15
similar: 5–37
$50,000
similar: $25,000–$86,942
2018–2022
EDGAR ↗NV NRE VDP Investors, LLCshared peopleLOS ANGELES, CAOther Real Estate1$17,095,000
offering $27,000,000 · similar: $2,250,000–$16,950,000
15
similar: 5–32
$100,000
similar: $15,000–$100,000
2019–2019
EDGAR ↗NC NRE Carrollton Investors, LLCshared peopleBEVERLY HILLS, CAResidential2$9,100,000
offering $36,000,000 · similar: $1,675,000–$12,980,153
20
similar: 5–37
$50,000
similar: $25,000–$86,942
2020–2024
EDGAR ↗NT NRE Town Lake Investors, LLCshared peopleBEVERLY HILLS, CAResidential1$28,620,000
offering $36,000,000 · similar: $1,675,000–$12,980,153
11
similar: 5–37
$100,000
similar: $25,000–$86,942
2020–2020
EDGAR ↗NU NRE USF Investors, LLCshared peopleBEVERLY HILLS, CAResidential2$18,500,000
offering $25,000,000 · similar: $1,675,000–$12,980,153
14
similar: 5–37
$100,000
similar: $25,000–$86,942
2020–2024
EDGAR ↗NT NRE TREV Knox Investors, LLCshared peopleBEVERLY HILLS, CAResidential2$44,000,000
offering $52,000,000 · similar: $1,675,000–$12,980,153
44
similar: 5–37
$50,000
similar: $25,000–$86,942
2021–2023
EDGAR ↗NS NRE SBJV1 Investors, LLCshared peopleBEVERLY HILLS, CAResidential1$2,140,000
offering $5,000,000 · similar: $1,675,000–$12,980,153
18
similar: 5–37
$40,000
similar: $25,000–$86,942
2022–2022
EDGAR ↗N2 NRE 21 Rio Holdings, LLCshared people, similar issuer namesBEVERLY HILLS, CAResidential1$3,175,000
offering $20,300,000 · similar: $1,675,000–$12,980,153
14
similar: 5–37
$50,000
similar: $25,000–$86,942
2022–2022
EDGAR ↗N2 NRE 21 Rio Investors, LLCshared people, similar issuer namesBEVERLY HILLS, CAResidential1$2,600,000
offering $3,500,000 · similar: $1,675,000–$12,980,153
4
similar: 5–37
$100,000
similar: $25,000–$86,942
2022–2022
EDGAR ↗NH NRE HILLSIDE INVESTORS, LLCshared peopleBEVERLY HILLS, CAResidential1$6,415,000
offering $12,000,000 · similar: $1,675,000–$12,980,153
33
similar: 5–37
$100,000
similar: $25,000–$86,942
2025–2025
EDGAR ↗NS NRE SC LOFTS INVESTORS, LLCshared peopleBEVERLY HILLS, CAResidential1$0
offering $10,500,000 · similar: $1,675,000–$12,980,153
0
similar: 5–37
$10,000
similar: $25,000–$86,942
2025–2025
EDGAR ↗NS NRE STEEL INVESTORS, LLCshared peopleBEVERLY HILLS, CAResidential1$2,135,000
offering $10,000,000 · similar: $1,675,000–$12,980,153
12
similar: 5–37
$10,000
similar: $25,000–$86,942
2026–2026
EDGAR ↗NA NRE AVALON PLACE INVESTORS, LLCshared peopleBEVERLY HILLS, CAResidential1$1,178,995
offering $23,000,000 · similar: $1,675,000–$12,980,153
4
similar: 5–37
$10,000
similar: $25,000–$86,942
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 ↗Mar 9, 2026NRE AVALON PLACE INVESTORS, LLCDResidential$23,000,000$1,178,995
EDGAR ↗Feb 10, 2026NRE STEEL INVESTORS, LLCDResidential$10,000,000$2,135,000
EDGAR ↗Oct 3, 2025NRE SC LOFTS INVESTORS, LLCDResidential$10,500,000$0
EDGAR ↗May 14, 2025NRE HILLSIDE INVESTORS, LLCDResidential$12,000,000$6,415,000
EDGAR ↗Nov 26, 2024NRE USF Investors, LLCDResidential$25,000,000$9,700,000
EDGAR ↗Oct 2, 2024NRE Carrollton Investors, LLCDResidential$36,000,000$9,100,000
EDGAR ↗Jun 27, 2023NRE TREV Knox Investors, LLCDResidential$52,000,000$44,000,000
EDGAR ↗Dec 21, 2022NRE 21 Rio Investors, LLCDResidential$3,500,000$2,600,000
EDGAR ↗Dec 20, 2022NRE 21 Rio Holdings, LLCDResidential$20,300,000$3,175,000
EDGAR ↗Apr 29, 2022NRE Exch18 Investors, LLCDResidential$51,000,000$2,418,753
EDGAR ↗Mar 21, 2022NRE SBJV1 Investors, LLCDResidential$5,000,000$2,140,000
EDGAR ↗Jul 21, 2021NRE TREV Knox Investors, LLCDResidential$26,000,000$10,900,000
EDGAR ↗Nov 4, 2020NRE USF Investors, LLCDResidential$18,500,000$18,500,000
EDGAR ↗Oct 30, 2020NRE Town Lake Investors, LLCDResidential$36,000,000$28,620,000
EDGAR ↗Mar 27, 2020NRE Carrollton Investors, LLCDResidential$23,000,000$7,225,000
EDGAR ↗Jun 14, 2019NRE VDP Investors, LLCDOther Real Estate$27,000,000$17,095,000
EDGAR ↗Mar 15, 2018NRE Exch18 Investors, LLCDResidential$60,000,000$6,055,000

Activity: 2 new offerings 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 Mar 9, 2026. Industry history, as reported on each offering's latest filing: Previous offerings: Residential (2018), Other Real Estate (2019). Latest offering: Residential (2020–2026; most recent Mar 9, 2026).

People across the group

NameRolesIssuers hereFirst → last listed
DN David NazarianExecutive Officer, Director, Promoter13Mar 15, 2018 → Mar 9, 2026
AW Andrew WinogradExecutive Officer, Promoter12Mar 15, 2018 → Mar 9, 2026
AK Afshin KatebExecutive Officer3Oct 30, 2020 → Jul 21, 2021
PN Phillip NazarianExecutive Officer, Promoter2Feb 10, 2026 → Mar 9, 2026
WA Winograd AndrewExecutive Officer, Promoter1May 14, 2025 → May 14, 2025
KA Kateb AfshinExecutive Officer1Mar 27, 2020 → Mar 27, 2020

Business registration (state registry / Secretary of State)

None of the 13 issuers has a record in the registries searched.

Registries searched: AL (Alabama Secretary of State — Business Entity Records (arc-sos.state.al.us), searched by issuer name, data as of Oct 24, 2026); CO (Colorado Secretary of State — Business Entities in Colorado (data.colorado.gov), data as of Oct 23, 2026); CT (Connecticut Secretary of the State — Business Registry (data.ct.gov), data as of Oct 24, 2026); FL (Florida Department of State, Division of Corporations — quarterly corporate data file (Sunbiz), data as of Oct 7, 2026); NY (New York Department of State — Corporations and Other Entities (data.ny.gov: All Filings + Active Corporations), data as of Oct 20, 2026); OR (Oregon Secretary of State — Active Businesses, All (data.oregon.gov), data as of Oct 20, 2026); PA (Pennsylvania Department of State — Registered Businesses, Current (data.pa.gov), data as of Oct 6, 2026); TX (Texas Comptroller — Active Franchise Taxpayers incl. Secretary of State file data (data.texas.gov), data as of Oct 24, 2026). Registries of other states have not been searched: many publish no bulk file and require a CAPTCHA or bot challenge on their search page, which we do not bypass (Delaware, for example, offers no public bulk file). A registry listing is the state's own record of the entity; it says nothing about the offering itself.

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 Nre.

Meta advertising

No Meta Pixel ids or Facebook / Instagram page links on file for Nre 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 Nre's SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #122,726 of 374,652 in line (1,386 issuers searched so far). One-tap searches: Look further ↓

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Change history

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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: BEVERLY HILLS), CA). 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) ↗California — find the county court ↗Los Angeles Superior Court case search ↗

Securities regulators

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

Business registries

California Secretary of State business search ↗OpenCorporates ↗