Covenant Land Fund II, LLC has amended its offering details, seeking to raise a total of $3 million through a private placement. The company has successfully raised $850,000 so far, leaving $2.15 million still available for investment. This amendment was filed with the SEC on November 6, 2026, and reflects the growing interest in residential investments.

Founded in 2026, Covenant Land Fund II operates in the residential sector and is based in Sioux Falls, South Dakota. The company is registered as a limited liability company and has no reported revenues at this time. Its recent filings include a Form D/A on November 6, 2026, and a Form D on October 30, 2026, both related to the same offering.

The recent filing indicates that the company is utilizing Rule 506(b), which provides a "safer harbor" for private offerings. The total offering amount is set at $3 million, with a minimum investment requirement of $50,000. The filing notes that three investors have already participated, all of whom are accredited.

In terms of sales, the filing shows that no sales commissions or finder’s fees have been incurred to date. The proceeds from the offering have not yet been allocated, as the gross proceeds used amount to zero.

The amendment is significant as it highlights Covenant Land Fund II's strategy to attract further investment in a competitive residential market. The company is managed by Caleb Veldhouse and Dusten Hendricksen, who are also listed as directors. Their leadership may play a crucial role in steering the company’s growth as it navigates the complexities of the residential investment landscape.

What's next for Covenant Land Fund II remains unclear, as the filing does not specify any upcoming actions or additional filings. However, the company’s proactive approach to adjusting its offering could signal a robust strategy to engage potential investors.