523 Airline LLC
523 Airline LLC is a real estate fund based in Cedar Park, Texas. According to its most recent Form D, filed Sep 3, 2015, it has sold $1,300,000 of interests to 13 investors since its first sale in Aug 2015. 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 Gary Morrison.
- Total raised
- $1,300,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Aug 26, 2015
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gary Morrison
- Latest Form D
- Sep 3, 2015
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 523 Airline LLC
What is the minimum investment for 523 Airline LLC?
According to its latest Form D, filed Sep 3, 2015, the minimum investment 523 Airline LLC accepts from an outside investor is $50,000.
Who can invest in 523 Airline LLC?
523 Airline 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 523 Airline LLC raised?
523 Airline LLC reports $1,300,000 sold from 13 investors on its Form D filed Sep 3, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is 523 Airline LLC based?
523 Airline LLC is based in Cedar Park, Texas.
When did 523 Airline LLC launch?
523 Airline LLC reports its first sale in Aug 2015.
Size compared with every real estate fund
Raised more than 54% of the 1,414 real estate funds based in Texas, and more than 37% of all 7,321 that report sales.