372 Lytle LLC has announced a significant fundraising effort, successfully raising $1.675 million through a recent offering. This capital will be utilized for the construction of a new single-family home in West Palm Beach, Florida. The move underscores the company’s commitment to residential development and its strategy to enhance its portfolio in the sector.

372 Lytle LLC, incorporated in Florida in 2025, operates in the residential industry. According to the SEC filings, the company is categorized as a limited liability company and has no reported revenues at this time. The recent filing, dated November 3, 2026, indicates that the company is actively engaging in private offerings to secure funding for its projects.

The filing reveals that the company has raised a total of $1,675,000, which includes $1,250,000 in equity membership interests and $1,000,000 in mezzanine debt. Payments for these securities were completed on October 29, 2026. The total offering amount was set at $2,250,000, with $575,000 remaining to be raised.

"The managers of the LLC are charging $6,250.00 per month collectively during the term of the project for work and services related to the acquisition, tear down of existing structure and building of a new 5,000 square foot single family house."

This fundraising effort may affect various stakeholders, including investors looking for opportunities in the residential sector. The filing notes that there are currently 18 investors involved, with provisions for non-accredited investors as well.

The company has not specified what its next steps will be following this filing. However, the successful raising of funds indicates a positive outlook for the company’s future projects and its ability to attract investment in a competitive residential market.