AltMountain

5700 Borough, LLC

Prosper, TX · CIK 1948191
Status: no Form D since Sep 2022. 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.

5700 Borough, LLC is a real estate fund based in Prosper, Texas. According to its most recent Form D, filed Sep 26, 2022, it has sold $4,475,000 of interests to 42 investors since its first sale in Sep 2022. The minimum investment it accepts from an outside investor is $30,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Brent Kawakami; Shawn Chacko; Mark Kenney.

Total raised
$4,475,000Cumulative sales reported on Form D
Investors
42
First sale
Sep 21, 2022
Minimum investment
$30,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Brent Kawakami; Shawn Chacko; Mark Kenney
Latest Form D
Sep 26, 2022

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 5700 Borough, LLC

What is the minimum investment for 5700 Borough, LLC?

According to its latest Form D, filed Sep 26, 2022, the minimum investment 5700 Borough, LLC accepts from an outside investor is $30,000.

Who can invest in 5700 Borough, LLC?

5700 Borough, 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 5700 Borough, LLC raised?

5700 Borough, LLC reports $4,475,000 sold from 42 investors on its Form D filed Sep 26, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is 5700 Borough, LLC based?

5700 Borough, LLC is based in Prosper, Texas.

When did 5700 Borough, LLC launch?

5700 Borough, LLC reports its first sale in Sep 2022.

Size compared with every real estate fund

Raised more than 74% of the 1,412 real estate funds based in Texas, and more than 63% of all 7,316 that report sales.

More real estate funds in Prosper

Similar-size real estate funds in Texas

All real estate funds in Texas