AltMountain

357 Karnes Venture LLC

San Antonio, TX · CIK 2033212
Status: no Form D since Aug 2024. 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.

357 Karnes Venture LLC is a real estate fund based in San Antonio, Texas. According to its most recent Form D, filed Aug 8, 2024, it has sold $1,500,000 of interests since its first sale in Jun 2021. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Devin Elder.

Total raised
$1,500,000Cumulative sales reported on Form D
Investors
0
First sale
Jun 25, 2021
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Devin Elder
Latest Form D
Aug 8, 2024

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 357 Karnes Venture LLC

What is the minimum investment for 357 Karnes Venture LLC?

According to its latest Form D, filed Aug 8, 2024, the minimum investment 357 Karnes Venture LLC accepts from an outside investor is $50,000.

Who can invest in 357 Karnes Venture LLC?

357 Karnes 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 357 Karnes Venture LLC raised?

357 Karnes Venture LLC reports $1,500,000 sold on its Form D filed Aug 8, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is 357 Karnes Venture LLC based?

357 Karnes Venture LLC is based in San Antonio, Texas.

When did 357 Karnes Venture LLC launch?

357 Karnes Venture LLC reports its first sale in Jun 2021.

Size compared with every real estate fund

Raised more than 56% of the 1,419 real estate funds based in Texas, and more than 40% of all 7,350 that report sales.

Other funds with the same team

More real estate funds in San Antonio

Similar-size real estate funds in Texas

All real estate funds in Texas