Aire 204, LLC is a real estate fund based in Milwaukee, Wisconsin. According to its most recent Form D, filed Oct 20, 2025, it has sold $700,000 of interests to 11 investors since its first sale in Sep 2025. 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 Hayden Lurie.
- Total raised
- $700,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Sep 5, 2025
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Hayden Lurie
- Latest Form D
- Oct 20, 2025
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 Aire 204, LLC
What is the minimum investment for Aire 204, LLC?
According to its latest Form D, filed Oct 20, 2025, the minimum investment Aire 204, LLC accepts from an outside investor is $25,000.
Who can invest in Aire 204, LLC?
Aire 204, 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 Aire 204, LLC raised?
Aire 204, LLC reports $700,000 sold from 11 investors on its Form D filed Oct 20, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Aire 204, LLC based?
Aire 204, LLC is based in Milwaukee, Wisconsin.
When did Aire 204, LLC launch?
Aire 204, LLC reports its first sale in Sep 2025, 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 30% of the 128 real estate funds based in Wisconsin, and more than 27% of all 7,348 that report sales.