AltMountain

82nd Street Development LLC

Los Angeles, CA · CIK 1787225
506(c)
Status: no Form D since Feb 2020. 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.

82nd Street Development LLC is a real estate fund based in Los Angeles, California. According to its most recent Form D, filed Feb 28, 2020, it has sold $700,000 of interests to 11 investors since its first sale in Feb 2020. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Michael Parks; Sarah Jessup; Noyan Uras.

Total raised
$700,000Cumulative sales reported on Form D
Investors
11
First sale
Feb 24, 2020
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Michael Parks; Sarah Jessup; Noyan Uras
Latest Form D
Feb 28, 2020

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 82nd Street Development LLC

What is the minimum investment for 82nd Street Development LLC?

According to its latest Form D, filed Feb 28, 2020, the minimum investment 82nd Street Development LLC accepts from an outside investor is $50,000.

Who can invest in 82nd Street Development LLC?

82nd Street Development LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has 82nd Street Development LLC raised?

82nd Street Development LLC reports $700,000 sold from 11 investors on its Form D filed Feb 28, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is 82nd Street Development LLC based?

82nd Street Development LLC is based in Los Angeles, California.

When did 82nd Street Development LLC launch?

82nd Street Development LLC reports its first sale in Feb 2020.

Size compared with every real estate fund

Raised more than 45% of the 1,091 real estate funds based in California, and more than 27% of all 7,337 that report sales.

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