AltMountain

1600 Preferred LLC

Alpine, UT · CIK 1659316
Status: no Form D since Dec 2015. 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.

1600 Preferred LLC is a real estate fund based in Alpine, Utah. According to its most recent Form D, filed Dec 8, 2015, it has sold $4,100,000 of interests to 25 investors since its first sale in Nov 2015. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jared Lucero; Chet Balder.

Total raised
$4,100,000Cumulative sales reported on Form D
Investors
25
First sale
Nov 30, 2015
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Jared Lucero; Chet Balder
Latest Form D
Dec 8, 2015

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 1600 Preferred LLC

What is the minimum investment for 1600 Preferred LLC?

According to its latest Form D, filed Dec 8, 2015, the minimum investment 1600 Preferred LLC accepts from an outside investor is $50,000.

Who can invest in 1600 Preferred LLC?

1600 Preferred 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 1600 Preferred LLC raised?

1600 Preferred LLC reports $4,100,000 sold from 25 investors on its Form D filed Dec 8, 2015. This is cumulative sales since the offering began, not current assets or performance.

Where is 1600 Preferred LLC based?

1600 Preferred LLC is based in Alpine, Utah.

When did 1600 Preferred LLC launch?

1600 Preferred LLC reports its first sale in Nov 2015.

Size compared with every real estate fund

Raised more than 69% of the 229 real estate funds based in Utah, and more than 61% of all 7,350 that report sales.

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