AltMountain

1st Buchanan, LLC

Scottsdale, AZ · CIK 1675510
Status: no Form D since Aug 2016. 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.

1st Buchanan, LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed Aug 15, 2016, it has sold $1,850,000 of interests to 4 investors since its first sale in May 2016. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Richard Felker; Randy Grudzinski; Geoffrey Jacobs.

Total raised
$1,850,000Cumulative sales reported on Form D
Investors
4
First sale
May 19, 2016
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Richard Felker; Randy Grudzinski; Geoffrey Jacobs
Latest Form D
Aug 15, 2016

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 1st Buchanan, LLC

What is the minimum investment for 1st Buchanan, LLC?

According to its latest Form D, filed Aug 15, 2016, the minimum investment 1st Buchanan, LLC accepts from an outside investor is $100,000.

Who can invest in 1st Buchanan, LLC?

1st Buchanan, 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 1st Buchanan, LLC raised?

1st Buchanan, LLC reports $1,850,000 sold from 4 investors on its Form D filed Aug 15, 2016. This is cumulative sales since the offering began, not current assets or performance.

Where is 1st Buchanan, LLC based?

1st Buchanan, LLC is based in Scottsdale, Arizona.

When did 1st Buchanan, LLC launch?

1st Buchanan, LLC reports its first sale in May 2016.

Size compared with every real estate fund

Raised more than 54% of the 346 real estate funds based in Arizona, and more than 44% of all 7,350 that report sales.

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