IPO - Wahed Real Estate Series 1 LLC

Form Type: 253G2

Filing Date: 2025-06-26

Corporate Action: Ipo

Type: New

Accession Number: 000121390025058327

Filing Summary: Wahed Real Estate Series 1 LLC is offering Series Interests that allow investors to own fractional shares of specific residential rental properties. The offering, dated June 26, 2025, involves a compliance-driven issuance of securities under Rule 253(g)(2) with a maximum offering amount of $75 million over 12 months. The price per unit is set at $100, with a minimum investment of one unit, and the company projects an initial maximum of $313,600 for the Series Paign Drive and $410,000 for Series Lake Overlook Drive. The offering includes various commission rates and fees and emphasizes Islamic finance principles, avoiding interest-based transactions. The company plans to manage investments through an online platform and provide periodic updates and filings with the SEC. The document contains necessary details about risks associated with investments and compliance regulations related to series offerings.