20 Washington Member LLC is a real estate fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Oct 31, 2025, it has sold $2,175,000 of interests to 9 investors since its first sale in Oct 2025. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Chad Tepley.
- Total raised
- $2,175,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Oct 17, 2025
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Chad Tepley
- Latest Form D
- Oct 31, 2025
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 20 Washington Member LLC
What is the minimum investment for 20 Washington Member LLC?
According to its latest Form D, filed Oct 31, 2025, the minimum investment 20 Washington Member LLC accepts from an outside investor is $100,000.
Who can invest in 20 Washington Member LLC?
20 Washington Member 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 20 Washington Member LLC raised?
20 Washington Member LLC reports $2,175,000 sold from 9 investors on its Form D filed Oct 31, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is 20 Washington Member LLC based?
20 Washington Member LLC is based in Minneapolis, Minnesota.
When did 20 Washington Member LLC launch?
20 Washington Member LLC reports its first sale in Oct 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 63% of the 198 real estate funds based in Minnesota, and more than 48% of all 7,591 that report sales.