AltMountain

318 E Royal FO, LLC

Surf City, SC · CIK 1876382
Status: no Form D since Aug 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

318 E Royal FO, LLC is a real estate fund based in Surf City, South Carolina. According to its most recent Form D, filed Aug 2, 2021, it has sold $2,831,500 of interests to 53 investors since its first sale in Jul 2021. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kelsey Bailey; Todd Butler; Brian Mallin.

Total raised
$2,831,500Cumulative sales reported on Form D
Investors
53
First sale
Jul 28, 2021
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Kelsey Bailey; Todd Butler; Brian Mallin
Latest Form D
Aug 2, 2021

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 318 E Royal FO, LLC

What is the minimum investment for 318 E Royal FO, LLC?

According to its latest Form D, filed Aug 2, 2021, the minimum investment 318 E Royal FO, LLC accepts from an outside investor is $10,000.

Who can invest in 318 E Royal FO, LLC?

318 E Royal FO, 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 318 E Royal FO, LLC raised?

318 E Royal FO, LLC reports $2,831,500 sold from 53 investors on its Form D filed Aug 2, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is 318 E Royal FO, LLC based?

318 E Royal FO, LLC is based in Surf City, South Carolina.

When did 318 E Royal FO, LLC launch?

318 E Royal FO, LLC reports its first sale in Jul 2021.

Size compared with every real estate fund

Raised more than 57% of the 121 real estate funds based in South Carolina, and more than 53% of all 7,350 that report sales.

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