Independent Verdict
Sixth Element EB5 Fund LP is a newly formed Texas investment vehicle with a verifiable SEC Form D filing dated September 16, 2026.
The issuer operates under CIK 0002155435.
Its first Form D reports:
Total Offering: $9,600,000
Amount Sold: $3,200,000
Amount Remaining: $6,400,000
Investors: 4
Minimum Investment: $800,000
Federal Exemption: Rule 506(c)
Security Type: Equity
Industry: Other Real Estate
Date of First Sale: September 2, 2026
The arithmetic is unusually revealing.
Four investors multiplied by the $800,000 reported minimum equals exactly:
$3,200,000.
That is the same amount reported as sold in the Form D.
This strongly suggests that, as of the filing date, four investors had each subscribed at approximately the stated $800,000 minimum, although the Form D does not individually disclose each investor's contribution.
The fund's name includes "EB5," and its $800,000 minimum is also consistent with the reduced EB-5 investment amount applicable to qualifying targeted employment area or infrastructure investments under the post-2022 EB-5 framework.
However, a Form D is a securities filing.
It is not an immigration approval.
The filing does not identify:
a USCIS Regional Center
an approved Form I-956F
a job-creating entity
a targeted employment area
a rural classification
an infrastructure-project designation
or the exact real estate project receiving the investor capital.
Those missing pieces are therefore more important to the FilingDossier review than simply confirming that CIK 0002155435 exists.
Key Findings
Issuer: Sixth Element EB5 Fund LP
CIK: 0002155435
SEC File No.: 021-597746
Entity Type: Limited Partnership
Jurisdiction: Texas
Formation Year: 2026
Filing Type: New Form D
Filing Date: September 16, 2026
First Sale: September 2, 2026
Industry: Other Real Estate
Federal Exemption: Rule 506(c)
Security Type: Equity
Total Offering: $9,600,000
Amount Sold: $3,200,000
Amount Remaining: $6,400,000
Minimum Investment: $800,000
Investors Reported: 4
Sales Commissions: $0
Finder's Fees: $0
Payments to Named Executives or Promoters: $0 reported
Principal Address:
130 E John Carpenter Fwy Suite 380 Irving, Texas 75062
Phone:
940-297-5719
Related Person:
Siddhartha Vadlamudi
Related Person:
Lokeswara Katuru
Form D Signer:
Shae Armstrong
Title:
Attorney-in-Fact
The $800,000 Figure Is the First Thing Investors Should Notice
Sixth Element EB5 Fund reports a minimum investment of:
$800,000.
That number is especially significant because the current EB-5 framework established a reduced investment amount of $800,000 for qualifying investments in targeted employment areas or infrastructure projects.
The normal statutory investment amount is higher.
The exact match does not by itself prove that every investor is participating through the EB-5 immigration program.
But when combined with the legal name:
Sixth Element EB5 Fund LP
the connection is difficult to ignore.
The fund appears structured around an EB-5-related investment strategy.
Investors should nevertheless distinguish three separate concepts:
SEC securities compliance
EB-5 immigration eligibility
and:
the economics of the underlying real estate investment.
A filing in one system does not automatically satisfy the requirements of the others.
Four Investors Explain the $3.2 Million Sold
The Form D reports:
4 investors.
It also reports:
$800,000 minimum investment.
The amount sold is:
$3,200,000.
The arithmetic is:
4 × $800,000 = $3,200,000.
This is one of the cleaner fundraising patterns we have seen in recent Form D filings.
It suggests that the reported fundraising amount is consistent with four subscriptions at the stated minimum.
But this should still be described as an inference.
The public filing does not provide investor-level subscription records.
What the $9.6 Million Maximum Suggests
The full offering is:
$9,600,000.
At an $800,000 investment size, that equals:
12 investments of $800,000.
Therefore, if all investors subscribe at exactly the minimum, the stated offering could accommodate approximately:
12 investors.
Four investors had already been reported.
That would leave the equivalent of approximately:
8 additional $800,000 subscriptions.
Again, individual commitments could differ.
But the numbers strongly suggest a relatively small, concentrated EB-5 capital pool rather than a vehicle seeking hundreds of investors.
Why This Matters for Job Creation
EB-5 eligibility generally involves job-creation requirements tied to qualifying investment activity.
Because the planned offering is only $9.6 million, investors should ask to see the job-creation methodology for the specific project.
If twelve EB-5 investors ultimately participate, the immigration structure needs sufficient qualifying job creation to support the investor petitions under the applicable EB-5 rules.
That analysis normally requires substantially more information than a Form D provides.
Investors should request:
the economic impact report
business plan
construction budget
project timeline
job-creation methodology
and USCIS project documentation.
SEC Form D does not contain those materials.
This Is a Rule 506(c) Offering
Sixth Element EB5 Fund relies on:
Rule 506(c).
That is another meaningful distinction.
Rule 506(c) permits general solicitation, subject to the requirement that purchasers be accredited investors and that the issuer take reasonable steps to verify accredited-investor status.
This differs from the Rule 506(b) offerings that appear frequently in private-fund filings.
For an EB-5-related offering, this can matter because capital may be marketed to prospective investors through public channels, immigration professionals, overseas networks, seminars, websites, or other outreach.
However, Rule 506(c) does not change the underlying immigration-law requirements.
SEC exemption compliance and USCIS EB-5 compliance remain separate regulatory issues.
The Address Produces a Strong Sixth Element Homes Match
The fund reports:
130 E John Carpenter Fwy Suite 380 Irving, Texas 75062.
That same address is publicly used by:
Sixth Element Homes.
Even more importantly, the SEC filing's phone number is:
940-297-5719.
Public Dallas Builders Association information for Sixth Element Homes also uses:
940-297-5719.
This is stronger than merely finding two companies with similar names.
The address and telephone number align.
The connection becomes stronger again when the people are examined.
Siddhartha Vadlamudi and Sixth Element Homes
The Form D identifies:
Siddhartha Vadlamudi
as a director of Sixth Element EB5 Fund LP.
Sixth Element Homes publicly identifies:
Sid Vadlamudi
as:
EVP of Operations.
Public professional information for Sid Vadlamudi also identifies his work with Sixth Element Homes in Irving, Texas.
Taken together, the name, address, telephone number and employer connection provide substantial evidence that Sixth Element EB5 Fund is associated with the broader Sixth Element Homes real estate platform.
For FilingDossier, that is a meaningful entity-level connection.
However, this does not establish that every Sixth Element Homes development is owned by or financed through the EB-5 fund.
That distinction is critical.
Who Is Lokeswara Katuru
The SEC filing also identifies:
Lokeswara Katuru
as a director.
The same Irving address is used.
However, FilingDossier did not identify enough reliable public information to independently establish Katuru's exact role within the broader Sixth Element Homes operating platform.
That should be stated clearly rather than filling the gap through name-matching speculation.
Investors should request the fund's organizational documents showing:
the general partner
manager
ownership structure
decision-making authority
and responsibilities of both Siddhartha Vadlamudi and Lokeswara Katuru.
Who Signed the Form D
The filing was signed by:
Shae Armstrong
as:
Attorney-in-Fact.
This is another detail investors should interpret carefully.
An attorney-in-fact signing a securities filing does not necessarily mean that person manages the investment or controls the project.
The actual management and control structure should be determined from the partnership agreement and offering documents.
Sixth Element Homes Is a Real Operating Homebuilding Platform
Sixth Element Homes maintains an active public website.
It describes itself as a Texas homebuilding and real estate development company focused on residential communities.
The platform states that its activities span:
land acquisition
infrastructure development
home construction
community development
and customer delivery.
The company currently markets or describes communities including:
Radiant Springs
Heartland
Lotus Creek Estates
and Golden Estates.
The company also publicly identifies:
Giri Saranu
as Founder and CEO.
Its leadership page identifies:
Chris Simek as CFO
Sid Vadlamudi as EVP of Operations
and Jim Lang as VP of Sales, Legal & Entitlements.
This creates considerably more operating context than an EB-5 issuer with no identifiable project sponsor.
But it still does not answer the most important question:
Which project is Sixth Element EB5 Fund financing
Radiant Springs Can Be Independently Verified
One Sixth Element Homes development provides an example of why project-level verification is possible.
Texas state architectural project records identify:
Radiant Springs
at:
404 E Brooks Ave Forney, Texas 75126.
The state record identifies:
Sixth Element Homes LLC
as owner.
It describes work involving pedestrian improvements associated with development of:
17 single-family homes
on approximately:
5.20 acres.
This independently supports the existence of real Sixth Element Homes development activity.
However, there is currently no evidence in the Sixth Element EB5 Fund Form D establishing that investor capital is going into Radiant Springs.
FilingDossier therefore would not write:
"Sixth Element EB5 Fund finances Radiant Springs"
without additional evidence.
That is exactly the type of unsupported connection a due-diligence site should avoid.
The Same Applies to Heartland, Lotus Creek and Golden Estates
Sixth Element Homes publicly markets additional communities.
Those projects demonstrate that the company has a broader residential development pipeline.
But the existence of those developments does not tell us which property serves as the EB-5 job-creating project.
Investors need the actual offering documents.
The project must be identified by legal entity, address and financing structure.
The Most Important Missing Item: Regional Center
For an EB-5 fund, one of the first questions is whether the offering is connected with a USCIS-designated Regional Center.
The SEC Form D does not identify one.
That does not prove that no Regional Center exists.
Form D is not designed to disclose every EB-5 immigration participant.
But for an investor evaluating an EB-5 offering, the Regional Center identity is essential.
Investors should request:
the exact Regional Center legal name
USCIS Regional Center identification information
geographic coverage
status
and relevant USCIS filings.
If this is instead a direct EB-5 investment outside a Regional Center structure, that should also be made explicit.
I-956F Is Another Critical Verification Point
For Regional Center investors under the post-2022 EB-5 framework, project-level USCIS documentation is highly important.
Investors should determine whether the relevant project has a Form I-956F filing and its current status.
This is completely different from Form D.
Form D relates to the securities offering.
I-956F concerns the EB-5 Regional Center project structure.
A fund can appear in SEC EDGAR without the SEC making any determination regarding immigration eligibility.
Likewise, an immigration filing does not guarantee investment repayment.
Both sides of the structure need to be checked independently.
What Is the New Commercial Enterprise
Another unanswered question is:
Is Sixth Element EB5 Fund LP itself the EB-5 New Commercial Enterprise
The fund name makes that possible.
But the Form D does not explicitly use the USCIS term:
New Commercial Enterprise.
Investors should obtain an organizational diagram showing:
EB-5 Investors
then:
New Commercial Enterprise
then:
loan or equity investment
then:
Job-Creating Entity
then:
real estate project.
Without that diagram, it is difficult to understand exactly where investor money travels.
What Is the Job-Creating Entity
The JCE is equally important.
The job-creating entity could be:
Sixth Element Homes LLC
a separate project developer
a property-level LLC
a construction entity
or another affiliate.
The current Form D does not answer that question.
Investors need the exact legal name and project agreement.
The distinction matters because the entity receiving EB-5 capital may not be the same entity issuing the securities.
Why the Offering Is Classified as Equity
The Form D identifies:
Equity
as the security type.
That is noteworthy.
Many EB-5 Regional Center structures involve an investor purchasing a partnership interest in the New Commercial Enterprise, while the NCE then makes a loan or equity investment into a project entity.
Therefore, an equity security at the fund level does not necessarily tell investors whether the underlying project receives:
debt financing
or:
equity financing.
Investors should determine the structure beneath Sixth Element EB5 Fund.
If the fund lends money to a development company, investors should examine:
interest rate
maturity
collateral
seniority
repayment source
and extension rights.
If the fund makes an equity investment, the risk profile is different.
No Broker or Dealer Is Disclosed
The Form D reports:
no sales compensation recipient
no associated broker or dealer
$0 sales commissions
and:
$0 finder's fees.
This is worth noting because EB-5 offerings can involve substantial distribution activity.
However, the Form D alone does not tell investors whether immigration agents, consultants, attorneys, Regional Center participants or other service providers receive compensation outside the Form D sales-compensation fields.
Investors should request a full fee and compensation schedule.
This should disclose payments to:
migration agents
marketing firms
Regional Centers
fund managers
administrators
attorneys
consultants
and related parties.
Investor Return and Immigration Outcome Are Different Risks
EB-5 investments have two separate outcome questions.
First:
Does the investor satisfy immigration requirements and ultimately obtain the immigration benefit sought
Second:
Does the investment capital produce a financial return and eventually get repaid
Those outcomes are related but not identical.
An investment can face financial problems even if immigration requirements are satisfied.
Likewise, an economically viable project does not automatically guarantee a successful immigration petition for every investor.
This is why EB-5 due diligence must cover both:
immigration compliance
and:
investment underwriting.
What We Think
Sixth Element EB5 Fund is a much stronger research case when evaluated through multiple layers rather than simply asking whether the fund appears in EDGAR.
We can verify:
CIK 0002155435
Texas formation in 2026
the $9.6 million offering
$3.2 million sold
four investors
the $800,000 minimum
Rule 506(c)
Siddhartha Vadlamudi
Lokeswara Katuru
the Irving address
and the fund telephone number.
We can also independently connect the address, telephone number and Siddhartha "Sid" Vadlamudi to Sixth Element Homes.
Sixth Element Homes itself has an identifiable Texas residential development operation and publicly disclosed communities.
That is meaningful positive entity verification.
But the EB-5-specific public trail is still incomplete.
The available Form D does not establish:
the Regional Center
the I-956F
the NCE/JCE structure
the targeted employment area
the precise project
the job-creation study
the project capital stack
the exit strategy
or the investor repayment mechanism.
For an ordinary real estate fund, some of those omissions would be less unusual.
For an EB-5-branded fund, they are central due-diligence questions.
The $800,000 Minimum Should Not Be Treated as a Green Card Price
This distinction is important for Google accuracy.
An investor should not read:
$800,000 minimum investment
and conclude:
"$800,000 buys a U.S. Green Card."
That is inaccurate.
EB-5 immigration benefits depend on statutory and USCIS requirements, including qualifying investment and job creation, as well as petition adjudication.
There is no guaranteed immigration outcome simply because money is invested.
Likewise, there is no guaranteed repayment of investment capital.
Questions Investors Should Ask
- Is Sixth Element EB5 Fund LP the New Commercial Enterprise
- What is the exact Job-Creating Entity
- Which USCIS Regional Center is involved
- What is the Regional Center identification number
- Has the Regional Center's status been independently verified
- What is the I-956F receipt number
- What is the current I-956F status
- What exact project receives investor capital
- What is the project's street address
- Is the project one of Sixth Element Homes' publicly marketed communities
- Is it Radiant Springs, Heartland, Lotus Creek Estates, Golden Estates, or another project
- What evidence establishes the project's TEA or other qualifying $800,000 category
- How many EB-5 investors are planned
- Is the current target approximately 12 investors
- How many qualifying jobs are projected
- What is the job cushion above the minimum required job creation
- Who prepared the economic impact report
- What economic model was used
- Is EB-5 capital structured as debt or equity at the project level
- What security or collateral protects investor capital
- What is the project's total development cost
- How much sponsor equity is invested
- What senior debt exists
- Which bank or lender provides construction financing
- Where does EB-5 capital rank in the capital stack
- What is the expected investment term
- What extension rights exist
- What is the expected investor financial return
- What is the repayment source
- What happens if homes sell more slowly than projected
- Who controls the investor escrow account
- When can investor funds be released from escrow
- Who is the fund administrator
- Who audits the fund
- What fees are charged beyond the $800,000 investment
- Is there a separate administrative fee
- Are migration agents or foreign finders compensated
- What happens to the investment if an I-526E petition is denied
- What redeployment provisions apply
- What happens if the project fails to create sufficient qualifying jobs
Risk Factors
New Fund Risk
Sixth Element EB5 Fund was formed only in 2026 and has a very short standalone regulatory history.
Project Identification Risk
The SEC filing does not identify the specific real estate development receiving investor capital.
Regional Center Verification Risk
The public Form D does not identify a Regional Center.
Immigration Approval Risk
A Form D filing does not mean USCIS has approved an investor's immigration petition.
Job-Creation Risk
EB-5 eligibility depends on applicable job-creation requirements. Investors should review the project's economic analysis and job cushion.
Real Estate Development Risk
Residential projects may face construction delays, cost overruns, weak sales, higher financing costs or declining property values.
Capital Repayment Risk
EB-5 capital remains an investment at risk. Repayment is not guaranteed.
Concentration Risk
The $9.6 million offering appears relatively small and may be concentrated in one development project.
Related-Party Risk
The fund appears connected to the broader Sixth Element real estate platform. Investors should understand every transaction involving affiliates.
Cross-Regulatory Risk
SEC securities compliance and USCIS immigration compliance are separate regulatory processes.
Rule 506(c) Risk
Public solicitation does not mean the investment has been reviewed or approved by the SEC.
Limited Public Service-Provider Information
The Form D does not identify an independent administrator, auditor, bank, Regional Center or project lender.
Final Assessment
Sixth Element EB5 Fund LP is a verifiable Texas investment vehicle operating under SEC CIK 0002155435.
Its September 16, 2026 Form D reports:
$9.6 million total offering
$3.2 million sold
$6.4 million remaining
4 investors
$800,000 minimum investment
Rule 506(c)
and equity securities.
The fundraising numbers are internally notable because:
4 investors × $800,000 = $3.2 million.
The fund can also be credibly connected to the broader Sixth Element Homes real estate platform.
The fund and Sixth Element Homes use the same Irving, Texas office location, and the Form D telephone number also appears in public business records for Sixth Element Homes.
The SEC filing identifies Siddhartha Vadlamudi as a director, while Sixth Element Homes publicly identifies Sid Vadlamudi as EVP of Operations.
This provides a meaningful sponsor-level connection.
What remains unverified publicly is more important for an EB-5 investor.
The Form D does not tell us:
which Regional Center is involved
whether an I-956F has been filed or approved
which entity is the NCE
which entity is the JCE
which Sixth Element development receives the capital
how many jobs are projected
what collateral exists
or how investor capital is ultimately expected to be repaid.
Those questions should be resolved before the regulatory existence of the fund is confused with the viability of the EB-5 investment itself.
Investors should obtain and independently review the private placement memorandum, limited partnership agreement, subscription agreement, business plan, economic impact report, Regional Center documentation, I-956F documentation, TEA evidence, project development agreement, capital-stack schedule, construction financing documents, escrow agreement, fee disclosures and exit strategy.
SEC Form D is a notice filing for an exempt securities offering. It does not constitute SEC approval of Sixth Element EB5 Fund LP, Sixth Element Homes, the underlying real estate project, an EB-5 immigration petition, job-creation projections, or the safety or repayment of investor capital.
Published on FilingDossier: September 20, 2026.
This article is based on publicly available regulatory, government and company information and is provided for independent research and due-diligence purposes only.