Bennu Properties LLC
Regulation Crowdfunding offering on Andes Capital · Form C filed October 1, 2026 · Dallas, Texas
Bennu Properties, LLC is a Texas limited liability company planning to redevelop a 106-year-old commercial building at 2734 Martin Luther King Jr. Blvd in Dallas into a mailing and operations hub for remote businesses. The company is at the pre-construction stage, has no revenue, and has not signed binding contracts with a general contractor or project manager.
Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.
Offering terms
- Security
- Debt
- Maximum
- $5,000,000.00
- Price
- Not stated per unit
- Pricing method
- Unsecured Balloon Payment Promissory Notes agreed to in varying investment amounts.
- Deadline
- September 30, 2027
- Oversubscriptions
- Accepted
- Intermediary
- ANDES CAPITAL GROUP, LLC
Broker-dealer, SEC file 008-67202 - Intermediary fee
- The Intermediary received an Expense Fee of $3,000 to cover due diligence and other expenses anticipated to be incurred by the Intermediary. At the conclusion of the Offering, the Issuer shall pay a fee of 3% of the amount raised to the Intermediary.
- Intermediary equity
- The Intermediary will not receive compensation in the form of securities.
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $0 | $0 |
| Cost of goods sold | $0 | $0 |
| Net income (loss) | -$42,969 | -$23,335 |
| Total assets | $322,123 | $319,375 |
| Cash and equivalents | $1,119 | $2,371 |
| Accounts receivable | $0 | $0 |
| Short-term debt | $0 | $0 |
| Long-term debt | $577,242 | $531,525 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 0 employees. Offered in 52 states.
Use of proceeds
At the $5,000,000 maximum, $4,130,200 (82.6%) is itemized, including $2,400,000 for materials and $720,000 for labor, and $869,800 is not allocated in the text reviewed.
Valuation
Pre-money valuation: Not stated. Valuation cap: Not stated. Discount: Not stated. Pricing basis: the offering price is set arbitrarily by the Company, without an independent appraisal. Note terms: 12% annual interest compounded annually, unsecured, with a 60-month balloon maturity and an automatic one-year extension unless the lender requests payment.
Prior raises
None stated
Financial statements
Audited. Artesian CPA, LLC (Denver, Colorado) issued an Independent Auditor's Report dated September 26, 2026 on the years ended September 30, 2025 and 2024, with a substantial doubt (going concern) paragraph.