816 Terrace Development LLC
816 Terrace Development LLC is a real estate fund based in Delray Beach, Florida. According to its most recent Form D, filed Jun 27, 2024, it has sold $1,150,000 of interests to 9 investors since its first sale in Jun 2024. 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 Boris Golan.
- Total raised
- $1,150,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Jun 17, 2024
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Boris Golan
- Latest Form D
- Jun 27, 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 816 Terrace Development LLC
What is the minimum investment for 816 Terrace Development LLC?
According to its latest Form D, filed Jun 27, 2024, the minimum investment 816 Terrace Development LLC accepts from an outside investor is $50,000.
Who can invest in 816 Terrace Development LLC?
816 Terrace 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 816 Terrace Development LLC raised?
816 Terrace Development LLC reports $1,150,000 sold from 9 investors on its Form D filed Jun 27, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is 816 Terrace Development LLC based?
816 Terrace Development LLC is based in Delray Beach, Florida.
When did 816 Terrace Development LLC launch?
816 Terrace Development LLC reports its first sale in Jun 2024.
Size compared with every real estate fund
Raised more than 44% of the 612 real estate funds based in Florida, and more than 35% of all 7,321 that report sales.