47 North Development LLC
47 North Development LLC is a real estate fund based in Hayden, Idaho. According to its most recent Form D, filed Mar 7, 2024, it has sold $1,700,000 of interests to 6 investors since its first sale in Feb 2024. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Dale Rainey; David Rainey.
- Total raised
- $1,700,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Feb 23, 2024
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Dale Rainey; David Rainey
- Latest Form D
- Mar 7, 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 47 North Development LLC
What is the minimum investment for 47 North Development LLC?
According to its latest Form D, filed Mar 7, 2024, the minimum investment 47 North Development LLC accepts from an outside investor is $100,000.
Who can invest in 47 North Development LLC?
47 North Development 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 47 North Development LLC raised?
47 North Development LLC reports $1,700,000 sold from 6 investors on its Form D filed Mar 7, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is 47 North Development LLC based?
47 North Development LLC is based in Hayden, Idaho.
When did 47 North Development LLC launch?
47 North Development LLC reports its first sale in Feb 2024.
Size compared with every real estate fund
Raised more than 65% of the 80 real estate funds based in Idaho, and more than 42% of all 7,311 that report sales.