AltMountain

1401 Commerce, LLC

Timonium, MD · CIK 1737241
Status: no Form D since Apr 2018. 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.

1401 Commerce, LLC is a real estate fund based in Timonium, Maryland. According to its most recent Form D, filed Apr 12, 2018, it has sold $3,574,965 of interests to 8 investors since its first sale in Mar 2018. The minimum investment it accepts from an outside investor is $59,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Christina Berzins.

Total raised
$3,574,965Cumulative sales reported on Form D
Investors
8
First sale
Mar 30, 2018
Minimum investment
$59,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Christina Berzins
Latest Form D
Apr 12, 2018

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 1401 Commerce, LLC

What is the minimum investment for 1401 Commerce, LLC?

According to its latest Form D, filed Apr 12, 2018, the minimum investment 1401 Commerce, LLC accepts from an outside investor is $59,000.

Who can invest in 1401 Commerce, LLC?

1401 Commerce, 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 1401 Commerce, LLC raised?

1401 Commerce, LLC reports $3,574,965 sold from 8 investors on its Form D filed Apr 12, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is 1401 Commerce, LLC based?

1401 Commerce, LLC is based in Timonium, Maryland.

When did 1401 Commerce, LLC launch?

1401 Commerce, LLC reports its first sale in Mar 2018.

Size compared with every real estate fund

Raised more than 70% of the 200 real estate funds based in Maryland, and more than 58% of all 7,337 that report sales.

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