AltMountain

Addison REIT, LLC

Status: no Form D since Dec 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.

Addison REIT, LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Dec 6, 2022, it has sold $250,000 of interests to 125 investors since its first sale in Dec 2022. The minimum investment it accepts from an outside investor is $2,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Dermot Venture REIT Manager III, LLC; Dermot Venture REIT Manager IV, LLC.

Total raised
$250,000Cumulative sales reported on Form D
Investors
125
First sale
Dec 2, 2022
Minimum investment
$2,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Dermot Venture REIT Manager III, LLC; Dermot Venture REIT Manager IV, LLC
Latest Form D
Dec 6, 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 Addison REIT, LLC

What is the minimum investment for Addison REIT, LLC?

According to its latest Form D, filed Dec 6, 2022, the minimum investment Addison REIT, LLC accepts from an outside investor is $2,000.

Who can invest in Addison REIT, LLC?

Addison REIT, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Addison REIT, LLC raised?

Addison REIT, LLC reports $250,000 sold from 125 investors on its Form D filed Dec 6, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Addison REIT, LLC based?

Addison REIT, LLC is based in New York, New York.

When did Addison REIT, LLC launch?

Addison REIT, LLC reports its first sale in Dec 2022.

Size compared with every real estate fund

Raised more than 50% of the 813 real estate funds based in New York, and more than 18% of all 7,350 that report sales.

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