AltMountain

39 Lincoln Preferred LLC

Great Neck, NY · CIK 1770142
Status: no Form D since Mar 2019. 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.

39 Lincoln Preferred LLC is a real estate fund based in Great Neck, New York. According to its most recent Form D, filed Mar 11, 2019, it has sold $26,000,000 of interests to 130 investors since its first sale in Feb 2019. 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 Samir Gandhi; Andrew Roufail.

Total raised
$26,000,000Cumulative sales reported on Form D
Investors
130
First sale
Feb 26, 2019
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Samir Gandhi; Andrew Roufail
Latest Form D
Mar 11, 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 39 Lincoln Preferred LLC

What is the minimum investment for 39 Lincoln Preferred LLC?

According to its latest Form D, filed Mar 11, 2019, the minimum investment 39 Lincoln Preferred LLC accepts from an outside investor is $50,000.

Who can invest in 39 Lincoln Preferred LLC?

39 Lincoln Preferred 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 39 Lincoln Preferred LLC raised?

39 Lincoln Preferred LLC reports $26,000,000 sold from 130 investors on its Form D filed Mar 11, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is 39 Lincoln Preferred LLC based?

39 Lincoln Preferred LLC is based in Great Neck, New York.

When did 39 Lincoln Preferred LLC launch?

39 Lincoln Preferred LLC reports its first sale in Feb 2019.

Size compared with every real estate fund

Raised more than 90% of the 811 real estate funds based in New York, and more than 90% of all 7,351 that report sales.

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