228 St Lucy LLC is a real estate fund based in West Palm Beach, Florida. According to its most recent Form D, filed Aug 3, 2026, it has sold $1,875,000 of interests to 6 investors since its first sale in Jul 2026. 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 Gary Granoff; Lee Fensterstock.
- Total raised
- $1,875,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Jul 28, 2026
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gary Granoff; Lee Fensterstock
- Latest Form D
- Aug 3, 2026
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 228 St Lucy LLC
What is the minimum investment for 228 St Lucy LLC?
According to its latest Form D, filed Aug 3, 2026, the minimum investment 228 St Lucy LLC accepts from an outside investor is $100,000.
Who can invest in 228 St Lucy LLC?
228 St Lucy 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 228 St Lucy LLC raised?
228 St Lucy LLC reports $1,875,000 sold from 6 investors on its Form D filed Aug 3, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is 228 St Lucy LLC based?
228 St Lucy LLC is based in West Palm Beach, Florida.
When did 228 St Lucy LLC launch?
228 St Lucy LLC reports its first sale in Jul 2026, 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 53% of the 618 real estate funds based in Florida, and more than 44% of all 7,350 that report sales.