2500 Spruce LLC is a real estate fund based in Denver, Colorado. According to its most recent Form D, filed Jul 13, 2023, it has sold $14,936,180 of interests to 86 investors since its first sale in Jun 2023. The minimum investment it accepts from an outside investor is $5,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jordan Scharg; Douglas Elenowitz; Ethan Argov.
- Total raised
- $14,936,180Cumulative sales reported on Form D
- Investors
- 86
- First sale
- Jun 22, 2023
- Minimum investment
- $5,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jordan Scharg; Douglas Elenowitz; Ethan Argov
- Latest Form D
- Jul 13, 2023
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 2500 Spruce LLC
What is the minimum investment for 2500 Spruce LLC?
According to its latest Form D, filed Jul 13, 2023, the minimum investment 2500 Spruce LLC accepts from an outside investor is $5,000.
Who can invest in 2500 Spruce LLC?
2500 Spruce 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 2500 Spruce LLC raised?
2500 Spruce LLC reports $14,936,180 sold from 86 investors on its Form D filed Jul 13, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is 2500 Spruce LLC based?
2500 Spruce LLC is based in Denver, Colorado.
When did 2500 Spruce LLC launch?
2500 Spruce LLC reports its first sale in Jun 2023.
Size compared with every real estate fund
Raised more than 89% of the 369 real estate funds based in Colorado, and more than 84% of all 7,322 that report sales.