261 Rutland LLC is a real estate fund based in West Palm Beach, Florida. According to its most recent Form D, filed Jun 12, 2025, it has sold $2,050,000 of interests to 19 investors since its first sale in May 2025. The minimum investment it accepts from an outside investor is $25,000. 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 Lee Fensterstock; Gary Granoff.
- Total raised
- $2,050,000Cumulative sales reported on Form D
- Investors
- 19
- First sale
- May 28, 2025
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lee Fensterstock; Gary Granoff
- Latest Form D
- Jun 12, 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 261 Rutland LLC
What is the minimum investment for 261 Rutland LLC?
According to its latest Form D, filed Jun 12, 2025, the minimum investment 261 Rutland LLC accepts from an outside investor is $25,000.
Who can invest in 261 Rutland LLC?
261 Rutland 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 261 Rutland LLC raised?
261 Rutland LLC reports $2,050,000 sold from 19 investors on its Form D filed Jun 12, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is 261 Rutland LLC based?
261 Rutland LLC is based in West Palm Beach, Florida.
When did 261 Rutland LLC launch?
261 Rutland LLC reports its first sale in May 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 55% of the 636 real estate funds based in Florida, and more than 46% of all 7,591 that report sales.