AltMountain

53 Newnan LLC

Holladay, UT · CIK 1844124
Status: no Form D since Feb 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

53 Newnan LLC is a real estate fund based in Holladay, Utah. According to its most recent Form D, filed Feb 8, 2021, it has sold $925,000 of interests to 23 investors since its first sale in Jan 2021. 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 Parker Stone; Christopher Collins; Brendan Chisholm.

Total raised
$925,000Cumulative sales reported on Form D
Investors
23
First sale
Jan 26, 2021
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Parker Stone; Christopher Collins; Brendan Chisholm
Latest Form D
Feb 8, 2021

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 53 Newnan LLC

What is the minimum investment for 53 Newnan LLC?

According to its latest Form D, filed Feb 8, 2021, the minimum investment 53 Newnan LLC accepts from an outside investor is $50,000.

Who can invest in 53 Newnan LLC?

53 Newnan 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 53 Newnan LLC raised?

53 Newnan LLC reports $925,000 sold from 23 investors on its Form D filed Feb 8, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is 53 Newnan LLC based?

53 Newnan LLC is based in Holladay, Utah.

When did 53 Newnan LLC launch?

53 Newnan LLC reports its first sale in Jan 2021.

Size compared with every real estate fund

Raised more than 50% of the 229 real estate funds based in Utah, and more than 32% of all 7,350 that report sales.

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