Alto REIT, LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Jan 3, 2020, it has sold $125,000 of interests to 125 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $1,000. 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 David Cook; Joseph Gatti; Drew Flahive.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Dec 20, 2019
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Cook; Joseph Gatti; Drew Flahive
- Latest Form D
- Jan 3, 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 Alto REIT, LLC
What is the minimum investment for Alto REIT, LLC?
According to its latest Form D, filed Jan 3, 2020, the minimum investment Alto REIT, LLC accepts from an outside investor is $1,000.
Who can invest in Alto REIT, LLC?
Alto 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 Alto REIT, LLC raised?
Alto REIT, LLC reports $125,000 sold from 125 investors on its Form D filed Jan 3, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Alto REIT, LLC based?
Alto REIT, LLC is based in Austin, Texas.
When did Alto REIT, LLC launch?
Alto REIT, LLC reports its first sale in Dec 2019.
Size compared with every real estate fund
Raised more than 32% of the 1,420 real estate funds based in Texas, and more than 8% of all 7,351 that report sales.