511lb-Fl, LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed Feb 27, 2025, it has sold $1,420,000 of interests to 17 investors since its first sale in Feb 2025. The minimum investment it accepts from an outside investor is $10,000. 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 Shane Albers.
- Total raised
- $1,420,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Feb 14, 2025
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Shane Albers
- Latest Form D
- Feb 27, 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 511lb-Fl, LLC
What is the minimum investment for 511lb-Fl, LLC?
According to its latest Form D, filed Feb 27, 2025, the minimum investment 511lb-Fl, LLC accepts from an outside investor is $10,000.
Who can invest in 511lb-Fl, LLC?
511lb-Fl, 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 511lb-Fl, LLC raised?
511lb-Fl, LLC reports $1,420,000 sold from 17 investors on its Form D filed Feb 27, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is 511lb-Fl, LLC based?
511lb-Fl, LLC is based in Scottsdale, Arizona.
When did 511lb-Fl, LLC launch?
511lb-Fl, LLC reports its first sale in Feb 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 49% of the 344 real estate funds based in Arizona, and more than 39% of all 7,337 that report sales.