AEI Income & Growth Fund 25 LLC is a Delaware limited liability company formed in 2002 to acquire and lease commercial properties. Its managing member is AEI Fund Management XXI, Inc.
Investors own LLC units rather than shares of a listed REIT. This fund is separate from AEI Income & Growth Funds XXI and XXII, and its own operating agreement and current disclosures govern a position review.
AEI Capital / AEI Fund Management XXI, Inc.
Limited Liability Company
Commercial Property Ownership
Commercial Real Estate
Liquidation Process Disclosed
October 21, 2026
In its report for the quarter ended June 30, 2026, the company disclosed that its managing member had decided to begin the final liquidation process by disposing of assets under the operating agreement. That disclosure does not establish a guaranteed final distribution amount or completion date.
The 2025 annual report described potential repurchases at a discount, a limit on the company's obligation to purchase more than 2% of January 1 outstanding units in a year, and managing-member discretion where purchases would impair capital or operations. Confirm current availability and subsequent changes directly from the fund.
Begin by confirming whether the investment currently permits issuer repurchases, private assignments or another exit mechanism. A sponsor-led property or asset sale is different from selling your own ownership interest and may distribute proceeds on a different timetable.
A private transaction requires an eligible purchaser and compliance with the governing documents. Transfer permission alone does not establish buyer demand. Confirm consent procedures, outstanding instructions and closing requirements before committing the position.
Compare any private purchase indication with the investor's expectations for remaining liquidation distributions, taking account of timing, reserves, costs and execution uncertainty.
Original investment cost, a capital account, adjusted tax basis, statement value and a private purchase indication are different reference points. None should automatically be treated as the amount a purchaser would pay. Review the current assets, distributions, obligations and expected timing relevant to the interest.
For a private fund or real estate investment, remaining assets, debt, reserves, expenses, distributions and disposition timing may affect a purchaser's assessment.
Compare gross consideration with the amount after all disclosed transaction, sponsor, transfer and custodian charges. Review tax consequences with a qualified tax professional, including any allocation, liability or basis issues that may apply.
A recent statement can start an initial review. Final requirements depend on the investment and account registration. Confirm any signatures, signature guarantee, custodian authorization or entity authority needed for a transfer.
AIL reviews ownership records, documentation, transfer requirements, valuation references and potential market interest. A review does not guarantee a purchaser, issuer repurchase, price or completion date.
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AIL is not affiliated with or endorsed by the investment or its sponsor and is not a broker-dealer or investment adviser. This page provides general research, not a securities offer or individualized investment, legal or tax advice.
Research reviewed October 21, 2026. Historical offering notices and trading announcements do not establish current financial condition, valuation or available liquidity. Confirm subsequent filings, current governing documents and investor communications.
Secondary market interest depends on more than asset type. AIL evaluates each position based on investment structure, transferability, documentation, and current market conditions.
Ownership type, sponsor requirements, investment terms, and underlying asset characteristics all influence review.
Some positions may be subject to transfer restrictions, approval requirements, or limitations within governing documents.
Offering materials, account records, ownership documents, and sponsor information help determine whether review can proceed.
Potential liquidity depends on current buyer interest, asset category, pricing expectations, and transaction feasibility.
Every opportunity is reviewed individually. Our process is designed to provide clarity regarding transferability, marketability, and potential liquidity pathways before any transaction decisions are made.
Provide basic details regarding the investment position, ownership structure, and available documentation.
AIL evaluates the investment type, transfer restrictions, sponsor requirements, and available transfer pathways.
We determine whether a secondary market opportunity may exist based on current investor demand and transaction activity.
If a viable pathway exists, we discuss potential next steps, timing considerations, and transaction requirements.
Submit basic information for a confidential review. Opportunities are evaluated individually based on investment structure, available documentation, transferability, and potential market interest.
REQUEST CONFIDENTIAL REVIEW