2501 Venture LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Mar 8, 2019, it has sold $1,340,000 of interests to 20 investors since its first sale in Aug 2018. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Schack; Howard Wedren.
- Total raised
- $1,340,000Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Aug 20, 2018
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Schack; Howard Wedren
- Latest Form D
- Mar 8, 2019
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 2501 Venture LLC
What is the minimum investment for 2501 Venture LLC?
According to its latest Form D, filed Mar 8, 2019, the minimum investment 2501 Venture LLC accepts from an outside investor is $25,000.
Who can invest in 2501 Venture LLC?
2501 Venture 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 2501 Venture LLC raised?
2501 Venture LLC reports $1,340,000 sold from 20 investors on its Form D filed Mar 8, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is 2501 Venture LLC based?
2501 Venture LLC is based in Chicago, Illinois.
When did 2501 Venture LLC launch?
2501 Venture LLC reports its first sale in Aug 2018.
Size compared with every real estate fund
Raised more than 61% of the 480 real estate funds based in Illinois, and more than 38% of all 7,311 that report sales.