X0708 D/A LIVE 0001810697 MCG Raleigh Investors Pref, LLC 6805 MORRISON BLVD. STE. 250 CHARLOTTE NC NORTH CAROLINA 28211 704.998.8646 NORTH CAROLINA None None Limited Liability Company true 2020 Ryan Hanks 6805 Morrison Blvd Ste. 250 Charlotte NC NORTH CAROLINA 28211 Executive Officer Residential Decline to Disclose 06b true 0001810697-20-000001 true false true false 25000 Daniel Clinton Smith 2925723 Arete Wealth Management, LLC 44856 6600 Westown Parkway Suite 190 West Des Moines IA IOWA 50266 All States false 6500000 0 6500000 false 0 585000 true 0 250000 The amount represents a fee paid to Mr. Hanks for his providing a Guarantee with respect to the Facility and any construction loan, payment of which may be made in whole or in part from proceeds of the offering. false MCG Raleigh Investors Pref, LLC Ryan Hanks Ryan Hanks Executive Director 2020-08-27