X0708 D/A LIVE 0001752121 Penn Square IV U.S. Real Estate Fund, LP C/O PENN SQUARE IV GP, LLC 442 S. Lincoln Avenue, Suite 2B STEAMBOAT SPRINGS CO COLORADO 80487 610-745-4861 DELAWARE None None Limited Partnership true 2018 n/a Penn Square IV GP, LLC 442 S. Lincoln Avenue Suite 2B Steamboat Springs CO COLORADO 80487 Executive Officer Director Promoter General Partner of the Issuer Jonathan Albro 442 S. Lincoln Avenue Suite 2B Steamboat Springs CO COLORADO 80487 Executive Officer Vice President of the General Partner n/a Penn Square Distributors, LLC 442 S. Lincoln Avenue Suite 2B Steamboat Springs CO COLORADO 80487 Director Promoter Sponsor of the Issuer n/a Clarion Partners, LLC 230 Park Avenue New York NY NEW YORK 10169 Promoter Manager and Sponsor of the Issuer Richard Schaupp c/o Clarion Partners, LLC 230 Park Avenue New York NY NEW YORK 10169 Executive Officer Michelle Levy c/o Clarion Partners, LLC 230 Park Avenue New York NY NEW YORK 10169 Executive Officer David Gilbert c/o Clarion Partners, LLC 230 Park Avenue New York NY NEW YORK 10169 Executive Officer Pooled Investment Fund Other Investment Fund false Decline to Disclose 06b 3C 3C.5 true 0001752121-20-000001 2018-08-29 false true true false 100000 Infinity Financial Services 144302 None None 212 9th Street Suite 202 Oakland CA CALIFORNIA 94607 AZ ARIZONA CA CALIFORNIA GA GEORGIA ID IDAHO NY NEW YORK false LPL Financial LLC 6413 None None 75 State Street 22nd Floor Boston MA MASSACHUSETTS 02109 CA CALIFORNIA CO COLORADO DC DISTRICT OF COLUMBIA ID IDAHO MD MARYLAND NV NEVADA WA WASHINGTON false 1st Global Capital Corporation 30349 None None 12750 MERIT DRIVE SUITE 1200 DALLAS TX TEXAS 75251 CO COLORADO MD MARYLAND OH OHIO OK OKLAHOMA OR OREGON TX TEXAS WA WASHINGTON false Kalos Capital Inc. 44337 None None 11525 Park Woods Circle Suite 280 Alpharetta GA GEORGIA 30005 AZ ARIZONA GA GEORGIA NJ NEW JERSEY NY NEW YORK NC NORTH CAROLINA false Avantax Investment Services, Inc. 13686 None None 6333 North State Highway 161 4th Floor Irving TX TEXAS 75038 OR OREGON false 200000000 8938500 191061500 The offering will include Class A and Class T securities. false 81 6000000 true 0 true The Issuer will pay a selling commission of up to 6% on the gross proceeds of Class A Units sold and a selling commission of up to 3% on the gross proceeds of Class T Units. 0 true false Penn Square IV U.S. Real Estate Fund, LP /s/ Jonathan Albro Jonathan Albro Vice President of the General Partner 2020-02-07