AltMountain

59 Butler Development, LLC

Scottsdale, AZ · CIK 1865290
Status: no Form D since Jun 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.

59 Butler Development, LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed Jun 3, 2021, it has sold $6,100,000 of interests to 13 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Joel Broder.

Total raised
$6,100,000Cumulative sales reported on Form D
Investors
13
First sale
May 19, 2021
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Joel Broder
Latest Form D
Jun 3, 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 59 Butler Development, LLC

What is the minimum investment for 59 Butler Development, LLC?

According to its latest Form D, filed Jun 3, 2021, the minimum investment 59 Butler Development, LLC accepts from an outside investor is $100,000.

Who can invest in 59 Butler Development, LLC?

59 Butler Development, 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 59 Butler Development, LLC raised?

59 Butler Development, LLC reports $6,100,000 sold from 13 investors on its Form D filed Jun 3, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is 59 Butler Development, LLC based?

59 Butler Development, LLC is based in Scottsdale, Arizona.

When did 59 Butler Development, LLC launch?

59 Butler Development, LLC reports its first sale in May 2021.

Size compared with every real estate fund

Raised more than 76% of the 344 real estate funds based in Arizona, and more than 69% of all 7,337 that report sales.

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