Alcovy Resources, LLC
Alcovy Resources, LLC is a real estate fund based in St. Simons Island, Georgia. According to its most recent Form D, filed Jan 18, 2019, it has sold $4,225,000 of interests to 43 investors since its first sale in Dec 2018. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Carlton Walstad.
- Total raised
- $4,225,000Cumulative sales reported on Form D
- Investors
- 43
- First sale
- Dec 17, 2018
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Carlton Walstad
- Latest Form D
- Jan 18, 2019
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 Alcovy Resources, LLC
What is the minimum investment for Alcovy Resources, LLC?
According to its latest Form D, filed Jan 18, 2019, the minimum investment Alcovy Resources, LLC accepts from an outside investor is $25,000.
Who can invest in Alcovy Resources, LLC?
Alcovy Resources, 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 Alcovy Resources, LLC raised?
Alcovy Resources, LLC reports $4,225,000 sold from 43 investors on its Form D filed Jan 18, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Alcovy Resources, LLC based?
Alcovy Resources, LLC is based in St. Simons Island, Georgia.
When did Alcovy Resources, LLC launch?
Alcovy Resources, LLC reports its first sale in Dec 2018.
Size compared with every real estate fund
Raised more than 75% of the 494 real estate funds based in Georgia, and more than 62% of all 7,350 that report sales.