Covenant Land Fund II, LLC has filed a new offering under Rule 506(b) of the Securities Act, seeking to raise $3 million. This filing is significant as it marks the company's first step towards generating capital in the residential investment sector.

Founded in 2026 and based in Sioux Falls, South Dakota, Covenant Land Fund II, LLC operates as a limited liability company. The company currently reports no revenues and is in the early stages of its investment strategy. The firm is incorporated in South Dakota and has not made any sales yet, according to the recent SEC filing.

The filing states, "The total offering amount is $3,000,000, with a minimum investment accepted of $50,000." This offering is designed to attract accredited investors, as it specifies that there will be no non-accredited investors involved in the process. The filing also notes that the company has not yet sold any securities.

This offering may affect potential investors looking to engage in residential investments, as Covenant Land Fund II, LLC positions itself in a growing market. The company is managed by Caleb Veldhouse and Dusten Hendricksen, who are both listed as directors in the filing.

As of now, the filing does not specify what happens next. Investors will be watching closely to see how this offering unfolds and whether Covenant Land Fund II can successfully attract the necessary capital.