X0708 D/A LIVE 0001936794 Diversified Residential Portfolio III DST C/O INLAND PRIVATE CAPITAL CORPORATION 2901 BUTTERFIELD ROAD OAK BROOK IL ILLINOIS 60523 (630) 218-8000 DELAWARE None None Other Delaware Statutory Trust true 2022 N/A Inland Private Capital Corporation 2901 Butterfield Road Oak Brook IL ILLINOIS 60523 Executive Officer Sponsor of the Issuer N/A Diversified Residential Portfolio III Exchange, L.L.C. c/o Inland Private Capital Corporation 2901 Butterfield Road Oak Brook IL ILLINOIS 60523 Executive Officer Signatory Trustee of the Issuer Keith D. Lampi c/o Inland Private Capital Corporation 2901 Butterfield Road Oak Brook IL ILLINOIS 60523 Executive Officer President of the Sponsor of the Issuer Other Real Estate Decline to Disclose 06b 3C 3C.5 true 0001936794-23-000020 2022-07-06 false true true false 25000 Sagepoint Financial, Inc. 133763 None None 20 E. Thomas Road Suite 2000 Phoenix AZ ARIZONA 85012 AZ ARIZONA CA CALIFORNIA FL FLORIDA HI HAWAII NM NEW MEXICO OR OREGON TX TEXAS false Whitehall-Parker Securities, Inc. 10608 None None 117 Paul Drive Suite B San Rafael CA CALIFORNIA 94903 CA CALIFORNIA OR OREGON false Woodbury Financial Services, Inc. 421 None None 7755 3rd Street North Oakdale MN MINNESOTA 55128 CA CALIFORNIA DE DELAWARE GA GEORGIA MO MISSOURI NE NEBRASKA NV NEVADA TX TEXAS WA WASHINGTON false Hilltop Securities Inc. 6220 None None 717 N. Harwood Street Suite 3400 Dallas TX TEXAS 75201 NC NORTH CAROLINA false Concorde Investment Services, LLC 151604 None None 19500 Victor Parkway Suite 550 Livonia MI MICHIGAN 48152 CA CALIFORNIA FL FLORIDA IN INDIANA MI MICHIGAN NY NEW YORK OH OHIO false Lincoln Financial Securities Corporation 3870 None None 1301 South Harrison Street Fort Wayne IN INDIANA 46802 CA CALIFORNIA NC NORTH CAROLINA PA PENNSYLVANIA TX TEXAS false DAI Securities, LLC 36673 None None 2200 Century Parkway NE Suite 435 Atlanta GA GEORGIA 30345 CA CALIFORNIA CO COLORADO IL ILLINOIS MD MARYLAND TX TEXAS false Coastal Equities, Inc. 23769 None None 1201 N. Orange Street Suite 729 Wilmington DE DELAWARE 19801 NJ NEW JERSEY false Stifel Nicolaus & Co., Inc. 793 None None 501 North Broadway St. Louis MO MISSOURI 63102 CA CALIFORNIA DC DISTRICT OF COLUMBIA FL FLORIDA GA GEORGIA IA IOWA KS KANSAS MN MINNESOTA NV NEVADA NC NORTH CAROLINA OH OHIO OK OKLAHOMA PA PENNSYLVANIA SD SOUTH DAKOTA TN TENNESSEE TX TEXAS WI WISCONSIN WY WYOMING false American Investors Co Lsy Dba 38 None None 12667 Alcosta Blvd. Suite 160 San Ramon CA CALIFORNIA 94583 CA CALIFORNIA OR OREGON false Securities America Inc. 10205 None None 12325 Port Grace Blvd. La Vista NE NEBRASKA 68128 CA CALIFORNIA FL FLORIDA NE NEBRASKA OK OKLAHOMA OR OREGON TX TEXAS VA VIRGINIA false Great Point Capital LLC 114203 None None 200 West Jackson Blvd. Suite 1000 Chicago IL ILLINOIS 60606 CA CALIFORNIA FL FLORIDA NY NEW YORK false Avantax Investment Services Inc 13686 None None 3200 Olympus Blvd. Suite 100 Dallas TX TEXAS 75019 AR ARKANSAS CA CALIFORNIA FL FLORIDA GA GEORGIA IN INDIANA NV NEVADA NJ NEW JERSEY NY NEW YORK OR OREGON PA PENNSYLVANIA TX TEXAS false BD4RIA INC 290240 None None 3520 West Vickery Blvd. Fort Worth TX TEXAS 76107 CO COLORADO false Cetera Advisor Networks, LLC 13572 None None 2301 Rosecrans Ave. #5100 El Segundo CA CALIFORNIA 90245 CA CALIFORNIA CO COLORADO FL FLORIDA GA GEORGIA MD MARYLAND NJ NEW JERSEY PA PENNSYLVANIA SD SOUTH DAKOTA TX TEXAS WA WASHINGTON false Cetera Advisors, LLC 10299 None None 5299 DTC Blvd. #800 Greenwood Village CO COLORADO 80111 FL FLORIDA MD MARYLAND NJ NEW JERSEY false First Allied Securities Inc. 32444 None None 655 West Broadway 12th Floor San Diego CA CALIFORNIA 92101 CA CALIFORNIA false Crown Capital Securities L.P. 6312 None None 725 Town & Country Road Suite 530 Orange CA CALIFORNIA 92868 CA CALIFORNIA TN TENNESSEE false Commonwealth Financial Network 8032 None None 29 Sawyer Road Waltham MA MASSACHUSETTS 02453 FL FLORIDA GA GEORGIA ME MAINE NH NEW HAMPSHIRE NY NEW YORK OR OREGON SD SOUTH DAKOTA false Cetera Financial Specialists LLC 10358 None None 1450 American Lane 6th Floor, Suite #650 Schaumburg IL ILLINOIS 60173 IL ILLINOIS TX TEXAS false DFPG Investments, Inc. 155576 None None 9017 S Riverside Drive Suite 210 Sandy UT UTAH 84070 CA CALIFORNIA GA GEORGIA KY KENTUCKY false Harbour Investments, Inc. 19258 None None 575 D'Onofrio Drive Suite 300 Madison WI WISCONSIN 53719 AZ ARIZONA false Arkadios Capital 282710 None None 309 East Paces Ferry Road Suite 1000 Atlanta GA GEORGIA 30305 CA CALIFORNIA FL FLORIDA NJ NEW JERSEY TX TEXAS VA VIRGINIA false Lincoln Financial Advisors Corporation 3978 None None 1301 South Harrison Street Fort Wayne IN INDIANA 46802 AZ ARIZONA CA CALIFORNIA FL FLORIDA IL ILLINOIS NJ NEW JERSEY NY NEW YORK PA PENNSYLVANIA TX TEXAS false Independent Financial Group, LLC 7717 None None 12671 High Bluff Drive Suite 200 San Diego CA CALIFORNIA 92130 CA CALIFORNIA UT UTAH WI WISCONSIN false American Portfolios Financial Services, Inc. 18487 None None 4250 Veterans Memorial Highway 4th Floor East Holbrook NY NEW YORK 11741 MN MINNESOTA NJ NEW JERSEY NY NEW YORK false Stonecrest Capital Markets, Inc. 39616 None None 300 W. 6th Street Suite 1520 Austin TX TEXAS 78701 NY NEW YORK false LifeMark Securities Corp. 16204 None None 400 West Metro Park Rochester NY NEW YORK 14623 FL FLORIDA MA MASSACHUSETTS false Triad Advisors LLC 25803 None None 5155 Peachtree Parkway Suite 3220 Norcross GA GEORGIA 30092 MN MINNESOTA NC NORTH CAROLINA SC SOUTH CAROLINA SD SOUTH DAKOTA false Thornhill Securities, Inc. 22333 None None 400 W. 15th Street Suite 700 Austin TX TEXAS 78701 AZ ARIZONA false Cabot Lodge Securities LLC 159712 None None 200 Vesey Street 24th Floor New York NY NEW YORK 10281 CA CALIFORNIA false Cambridge Investment Research, Inc. 39543 None None 1776 Pleasant Plain Road Fairfield IA IOWA 52556 CA CALIFORNIA CO COLORADO IL ILLINOIS IN INDIANA IA IOWA MI MICHIGAN NY NEW YORK OH OHIO TN TENNESSEE TX TEXAS false Royal Alliance Associates, Inc. 23131 None None 10 Exchange Place Suite 1410 Jersey City NJ NEW JERSEY 07302 CA CALIFORNIA HI HAWAII MA MASSACHUSETTS MN MINNESOTA NY NEW YORK false Realized Financial, Inc. 22333 None None 400 W. 15th Sreet Suite 700 Austin TX TEXAS 78701 CA CALIFORNIA IN INDIANA NY NEW YORK false International Assets Advisory, LLC 10645 None None 390 North Orange Avenue Suite 750 Orlando FL FLORIDA 32801 OK OKLAHOMA false Calton & Associates, Inc. 20999 None None 2701 N. Rocky Point Drive Suite 1000 Tampa FL FLORIDA 33607 TX TEXAS false LPL Financial LLC 6413 None None 1055 LPL Way Fort Mill SC SOUTH CAROLINA 29715 CA CALIFORNIA CO COLORADO FL FLORIDA GA GEORGIA IN INDIANA IA IOWA MD MARYLAND MN MINNESOTA NV NEVADA NY NEW YORK OH OHIO OR OREGON RI RHODE ISLAND WA WASHINGTON WI WISCONSIN false FSC Securities Corporation 7461 None None 2300 Windy Ridge Parkway Suite 750N Atlanta GA GEORGIA 30339 NC NORTH CAROLINA false Wintrust Investments LLC 875 None None 231 S. LaSalle Street 13th Floor Chicago IL ILLINOIS 60604 WI WISCONSIN false Centaurus Financial, Inc. 30833 None None 2300 E. Katella Avenue Suite #200 Anaheim CA CALIFORNIA 92806 CA CALIFORNIA CO COLORADO ID IDAHO IL ILLINOIS false American Trust Investment Services, Inc. 3001 None None 1244 119th Street Whiting IN INDIANA 46394 NV NEVADA false Ameritas Investment Corp. 282710 None None 309 East Paces Ferry Road Suite 1000 Atlanta GA GEORGIA 30305 CA CALIFORNIA TX TEXAS false Herold & Lantern Investments, Inc. 30996 None None 35 Pinelawn Road Suite 101E Melville NY NEW YORK 11747 CA CALIFORNIA false Purshe Kaplan Sterling Investments 35747 None None 80 State Street Albany NY NEW YORK 12207 CA CALIFORNIA NJ NEW JERSEY NY NEW YORK OK OKLAHOMA false Peak Brokerage Services, LLC 157045 None None 1070 East Indiantown Road Suite 208-210 Jupiter FL FLORIDA 33477 NY NEW YORK false J.W. Cole Financial, Inc. 124583 None None 4301 Anchor Plaza Parkway Suite #450 Tampa FL FLORIDA 33634 UT UTAH false APW Capital, Inc. 43814 None None 100 Enterprise Drive Suite 504 Rockaway NJ NEW JERSEY 07866 FL FLORIDA false Cetera Investment Services LLC 15340 None None 400 First Street South Suite 300 St. Cloud MN MINNESOTA 56302 TN TENNESSEE false Emerson Equity LLC 130032 None None 155 Bovet Road Suite 725 San Mateo CA CALIFORNIA 94402 CO COLORADO false Aegis Capital Corporation 15007 None None 1345 Avenue of the Americas 27th Floor New York NY NEW YORK 10105 FL FLORIDA false XML Securities 145589 None None 7600 Leesburg Pike Suite 120 East Falls Church VA VIRGINIA 22043 VA VIRGINIA false McDermott Investment Services, LLC 154926 None None 44 East Broad Street 2nd Floor Bethlehem PA PENNSYLVANIA 18018 CA CALIFORNIA false Muriel Siebert & Co., Inc. 5376 None None 15 Exchange Place Suite 800 Jersey City NJ NEW JERSEY 07302 IL ILLINOIS false Osaic Wealth, Inc. 23131 None None 10 Exchange Place Suite 1410 Jersey City NJ NEW JERSEY 07302 FL FLORIDA HI HAWAII OH OHIO false Ameritas Investment Company, LLC 14869 None None 5900 "O" Street Lincoln NE NEBRASKA 68510 CA CALIFORNIA false 209327056 204807964 4519092 Regarding Item 11, the Issuer may accept smaller investments in the Sponsor's sole discretion. false 372 18630107 true 0 true Sales Commissions include estimates of the maximum amount of Selling Commissions, Dealer Fees and Placement Agent Fees that may be paid. 8716297 true Item 16 is an estimate of acquisition fees, reimbursements for certain acquisition and financing costs, and offering and organizational expenses that may accrue to one or more Related Persons. false Diversified Residential Portfolio III DST /s/ Keith D. Lampi Keith D. Lampi President/CEO of the Sponsor of the Issuer 2023-11-22