Paul Bell is listed as an executive officer and director on 20 SEC Form D filings by 10 issuers between Nov 2021 and Feb 2026. Largest by amount reported sold: GROMA NAV REIT, INC. (Boston, MA — reits and finance — 2021–2025; $56.2M reported sold to 115 investors), Groma Boston Growth Fund III, LP (Boston, MA — residential — 2025; $50M reported sold to 40 investors), GromaCorp, Inc. (Boston, MA — industry reported as "Other" — 2022–2024; $29.3M reported sold to 12 investors), Groma Fund I Manager, LLC (Boston, MA — other real estate — 2023; $20M reported sold to 7 investors), Fund III - Groma & US Boston Opportunity Zone Fund, LLC (Boston, MA — commercial — 2021–2023; $14.9M reported sold to 33 investors) and 5 more (all listed below).
What this means That is a lot of deals — 10 separate companies raised money with this person listed as executive officer and director, over about 5 years. Across those companies the filings report $185.5M sold in total.
Listed alongside Seth Priebatsch (20 shared filings), Grant Fishman (3 shared filings), Groma NAV REIT Operating Partnership, LP (3 shared filings, management entity), Groma NAV REIT, Inc. (3 shared filings, management entity), GromaCorp, Inc. (3 shared filings, management entity) and 4 others.
What this means These are the other officers, directors or promoters the companies named on the same forms — the team around Paul. Each name links to their own page.
All 10 issuers belong to the sponsor group Usb Focus (45 issuers, $413.4M reported sold, 2009–2026).
What this means A sponsor group is one team that sets up a new company for each deal. Usb Focus has 45 companies on file and $413.4M 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 (AZ, CA, DE, TX, WA) — 1 SEC release, 4 bankruptcy cases matching the name listed in Key records below.
What this means 5 records 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 20 public filings for Paul Bell and found 9 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.