216 Ethel LLC is a real estate fund based in San Francisco, California. According to its most recent Form D, filed Nov 15, 2017, it has sold $1,600,000 of interests to 9 investors since its first sale in Nov 2017. The filing does not set a minimum investment. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Preston Becker.
- Total raised
- $1,600,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Nov 8, 2017
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Preston Becker
- Latest Form D
- Nov 15, 2017
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 216 Ethel LLC
What is the minimum investment for 216 Ethel LLC?
216 Ethel LLC's latest Form D, filed Nov 15, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 216 Ethel LLC?
216 Ethel LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has 216 Ethel LLC raised?
216 Ethel LLC reports $1,600,000 sold from 9 investors on its Form D filed Nov 15, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is 216 Ethel LLC based?
216 Ethel LLC is based in San Francisco, California.
When did 216 Ethel LLC launch?
216 Ethel LLC reports its first sale in Nov 2017.
Size compared with every real estate fund
Raised more than 57% of the 1,090 real estate funds based in California, and more than 41% of all 7,321 that report sales.