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Arizona Syndication

Real Estate Syndication Software for Arizona GPs

Arizona offers one of the simplest regulatory environments for real estate syndication in the nation. The Grand Canyon State does not require Blue Sky notice filings for Regulation D offerings, eliminating a compliance step that costs operators time and money in most other states. Combined with Phoenix's explosive population growth—driven by California migration and remote work trends—Arizona has become a hotspot for real estate investment. While the state doesn't allow domestic Series LLC formation, the absence of Blue Sky requirements partially offsets the need to use Delaware foreign entities.

$425,000
Median Home Price
5.8%
Avg Cap Rate
7,359,197
Population
2.5%
YoY Appreciation

Arizona Syndication Compliance

Series LLC
Use Delaware Series LLC (foreign registration)
Blue Sky Filing
No state filing required for Reg D

Key Compliance Points

  • No Blue Sky notice filing required for Reg D
  • No domestic Series LLC (use Delaware)
  • Simplified state-level compliance
  • SEC Los Angeles Regional Office jurisdiction
Source: Arizona Revised Statutes Title 29 (no Series provision)

Arizona Real Estate Market for Syndicators

Key metrics for syndication opportunities in Arizona.

$425,000
Median Home Price
5.8%
Average Cap Rate
2.5%
YoY Appreciation
None Required
Blue Sky Filing Fee

Market Highlights

1

Median home price $425K

2

Average cap rates 5.8%

3

Year-over-year appreciation 2.5%

4

Strong migration from California

Arizona Syndication Compliance Requirements

Essential legal and regulatory information for raising capital in Arizona.

Series LLC Formation

Not Available

Arizona does not allow domestic Series LLC formation. Most syndicators use Delaware Series LLCs registered as foreign entities.

Source: Arizona Revised Statutes Title 29 (no Series provision)

Blue Sky Filing

Not Required

Arizona does not require Blue Sky notice filing for Regulation D offerings. Federal SEC Form D filing is still required.

Source: Arizona Securities Act A.R.S. § 44-1843.01

SEC Regional Office

Los Angeles Regional Office
Address
444 South Flower Street, Suite 900, Los Angeles, CA 90071
Phone
(323) 965-3998

Frequently Asked Questions

Common questions about real estate syndication in Arizona.

Arizona Revised Statutes § 44-1843.01 exempts Regulation D offerings from state notice filing requirements. This means syndicators operating in Arizona don't need to file Form D with the state—only with the SEC federally.

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Arizona Real Estate Fund Software | Syndicators | Fund Flow