AltMountain

108 Lofts, LLC

Duluth, MN · CIK 1873729
Status: no Form D since Jul 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

108 Lofts, LLC is a real estate fund based in Duluth, Minnesota. According to its most recent Form D, filed Jul 21, 2021, it has sold $1,453,321 of interests since its first sale in Jun 2021. The minimum investment it accepts from an outside investor is $32,880. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Schraepfer.

Total raised
$1,453,321Cumulative sales reported on Form D
Investors
0
First sale
Jun 24, 2021
Minimum investment
$32,880
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Michael Schraepfer
Latest Form D
Jul 21, 2021

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about 108 Lofts, LLC

What is the minimum investment for 108 Lofts, LLC?

According to its latest Form D, filed Jul 21, 2021, the minimum investment 108 Lofts, LLC accepts from an outside investor is $32,880.

Who can invest in 108 Lofts, LLC?

108 Lofts, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has 108 Lofts, LLC raised?

108 Lofts, LLC reports $1,453,321 sold on its Form D filed Jul 21, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is 108 Lofts, LLC based?

108 Lofts, LLC is based in Duluth, Minnesota.

When did 108 Lofts, LLC launch?

108 Lofts, LLC reports its first sale in Jun 2021.

Size compared with every real estate fund

Raised more than 52% of the 194 real estate funds based in Minnesota, and more than 39% of all 7,316 that report sales.

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