4221 Dunlap LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed Aug 11, 2025, it has sold $1,932,723 of interests to 60 investors since its first sale in May 2025. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. 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 Ryan McKenna; Zachary Haptonstall; Bikran Sandhu.
- Total raised
- $1,932,723Cumulative sales reported on Form D
- Investors
- 60
- First sale
- May 15, 2025
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ryan McKenna; Zachary Haptonstall; Bikran Sandhu
- Latest Form D
- Aug 11, 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 4221 Dunlap LLC
What is the minimum investment for 4221 Dunlap LLC?
4221 Dunlap LLC's latest Form D, filed Aug 11, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 4221 Dunlap LLC?
4221 Dunlap LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has 4221 Dunlap LLC raised?
4221 Dunlap LLC reports $1,932,723 sold from 60 investors on its Form D filed Aug 11, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is 4221 Dunlap LLC based?
4221 Dunlap LLC is based in Scottsdale, Arizona.
When did 4221 Dunlap LLC launch?
4221 Dunlap 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 359 real estate funds based in Arizona, and more than 45% of all 7,591 that report sales.