Frank Rolfe is listed as an executive officer, director, and promoter on 26 SEC Form D filings by 16 issuers between Aug 2010 and Nov 2021. Largest by amount reported sold: MHC America Fund 2, LLC (Greenwood Village, CO — other real estate — 2018–2019; $81.4M reported sold to 337 investors), MHC America Fund, LLC (Orlando, FL — other real estate — 2016–2017; $61.1M reported sold to 399 investors), MHPI IV, LLC (Orlando, FL — other real estate — 2015; $15M reported sold to 99 investors), AWA Fund 3, LLC (Cedaredge, CO — commercial — 2019–2020; $14M reported sold to 79 investors), MHPS Alumni 2, LLC (Cedaredge, CO — commercial — 2010; $2.01M reported sold to 32 investors) and 11 more (all listed below).
What this means That is a lot of deals — 16 separate companies raised money with this person listed as executive officer, director, and promoter, over about 11 years. Across those companies the filings report $175.8M sold in total.
Listed alongside Dave Reynolds (17 shared filings), Eric Siragusa (14 shared filings), David H Reynolds (9 shared filings), Ryan Smith (8 shared filings), Jamie Smith (4 shared filings) and 3 others.
What this means These are the other officers, directors or promoters the companies named on the same forms — the team around Frank. Each name links to their own page.
All 16 issuers belong to the sponsor group Affordable (24 issuers, $262.5M reported sold, 2010–2021).
What this means A sponsor group is one team that sets up a new company for each deal. Affordable has 24 companies on file and $262.5M reported sold in total — the group page shows the whole track record in one place.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CT, DE, FINRA, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, OK, OR, PA, RI, SC, SD, TN, TX, VT, WA, WI, WV, WY) — none found.
What this means Nothing turned up where we looked (3 sources). That does not prove there is nothing — it means none was found in those sources on that date.
We compared 26 public filings for Frank Rolfe and found 15 differences, 4 worth asking the sponsor about: Regulator action naming a team member: Ryan Douglas Smith (Aug 3, 2009); 5 filings report more than 10% of the money raised going to insiders; 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.