AltMountain

3816 Nic LLC

Minneapolis, MN · CIK 1927814
Status: no Form D since Jul 2022. 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.

3816 Nic LLC is a real estate fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Jul 26, 2022, it has sold $225,000 of interests to 12 investors since its first sale in Nov 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 Justin Elliot; Matthew Brunnette; Daniel Bonne.

Total raised
$225,000Cumulative sales reported on Form D
Investors
12
First sale
Nov 29, 2021
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Justin Elliot; Matthew Brunnette; Daniel Bonne
Latest Form D
Jul 26, 2022

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 3816 Nic LLC

What is the minimum investment for 3816 Nic LLC?

According to its latest Form D, filed Jul 26, 2022, the minimum investment 3816 Nic LLC accepts from an outside investor is $50,000.

Who can invest in 3816 Nic LLC?

3816 Nic 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 3816 Nic LLC raised?

3816 Nic LLC reports $225,000 sold from 12 investors on its Form D filed Jul 26, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is 3816 Nic LLC based?

3816 Nic LLC is based in Minneapolis, Minnesota.

When did 3816 Nic LLC launch?

3816 Nic LLC reports its first sale in Nov 2021.

Size compared with every real estate fund

Raised more than 34% of the 195 real estate funds based in Minnesota, and more than 18% of all 7,351 that report sales.

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