74B Development, LLC is a real estate fund based in Overland Park, Kansas. According to its most recent Form D, filed Nov 18, 2024, it has sold $8,610,000 of interests to 29 investors since its first sale in Jul 2023. The minimum investment it accepts from an outside investor is $25,000. 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 Brendon O'Leary; Michael McKeen; Austin Bradley.
- Total raised
- $8,610,000Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Jul 28, 2023
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Brendon O'Leary; Michael McKeen; Austin Bradley
- Latest Form D
- Nov 18, 2024
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 74B Development, LLC
What is the minimum investment for 74B Development, LLC?
According to its latest Form D, filed Nov 18, 2024, the minimum investment 74B Development, LLC accepts from an outside investor is $25,000.
Who can invest in 74B Development, LLC?
74B 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 74B Development, LLC raised?
74B Development, LLC reports $8,610,000 sold from 29 investors on its Form D filed Nov 18, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is 74B Development, LLC based?
74B Development, LLC is based in Overland Park, Kansas.
When did 74B Development, LLC launch?
74B Development, LLC reports its first sale in Jul 2023, 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 90% of the 62 real estate funds based in Kansas, and more than 76% of all 7,322 that report sales.