507 Chase Ave LLC
507 Chase Ave LLC is a real estate fund based in Lake Crystal, Minnesota. According to its most recent Form D, filed Oct 6, 2023, it has sold $975,000 of interests to 15 investors since its first sale in Sep 2023. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Zachary Alms; 507 Capital LLC.
- Total raised
- $975,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Sep 1, 2023
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Zachary Alms; 507 Capital LLC
- Latest Form D
- Oct 6, 2023
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 507 Chase Ave LLC
What is the minimum investment for 507 Chase Ave LLC?
507 Chase Ave LLC's latest Form D, filed Oct 6, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in 507 Chase Ave LLC?
507 Chase Ave 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 507 Chase Ave LLC raised?
507 Chase Ave LLC reports $975,000 sold from 15 investors on its Form D filed Oct 6, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is 507 Chase Ave LLC based?
507 Chase Ave LLC is based in Lake Crystal, Minnesota.
When did 507 Chase Ave LLC launch?
507 Chase Ave LLC reports its first sale in Sep 2023.
Size compared with every real estate fund
Raised more than 45% of the 196 real estate funds based in Minnesota, and more than 32% of all 7,349 that report sales.