130 Algoma LLC
130 Algoma LLC is a real estate fund based in Palm Beach, Florida. According to its most recent Form D, filed Dec 5, 2022, it has sold $2,255,000 of interests to 19 investors since its first sale in Dec 2022. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Lee Fensterstock.
- Total raised
- $2,255,000Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Dec 1, 2022
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lee Fensterstock
- Latest Form D
- Dec 5, 2022
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 130 Algoma LLC
What is the minimum investment for 130 Algoma LLC?
According to its latest Form D, filed Dec 5, 2022, the minimum investment 130 Algoma LLC accepts from an outside investor is $25,000.
Who can invest in 130 Algoma LLC?
130 Algoma 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 130 Algoma LLC raised?
130 Algoma LLC reports $2,255,000 sold from 19 investors on its Form D filed Dec 5, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is 130 Algoma LLC based?
130 Algoma LLC is based in Palm Beach, Florida.
When did 130 Algoma LLC launch?
130 Algoma LLC reports its first sale in Dec 2022.
Size compared with every real estate fund
Raised more than 57% of the 612 real estate funds based in Florida, and more than 48% of all 7,316 that report sales.