AltMountain

Anderson Preferred Properties, LLC

Birmingham, AL · CIK 1929373
Status: no Form D since May 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.

Anderson Preferred Properties, LLC is a private equity fund based in Birmingham, Alabama. According to its most recent Form D, filed May 18, 2022, it has sold $5,000,000 of interests to 10 investors since its first sale in May 2022. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Clyde Anderson; Anderson Growth Partners.

Total raised
$5,000,000Cumulative sales reported on Form D
Investors
10
First sale
May 11, 2022
Minimum investment
$10,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Clyde Anderson; Anderson Growth Partners
Latest Form D
May 18, 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 Anderson Preferred Properties, LLC

What is the minimum investment for Anderson Preferred Properties, LLC?

According to its latest Form D, filed May 18, 2022, the minimum investment Anderson Preferred Properties, LLC accepts from an outside investor is $10,000.

Who can invest in Anderson Preferred Properties, LLC?

Anderson Preferred Properties, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has Anderson Preferred Properties, LLC raised?

Anderson Preferred Properties, LLC reports $5,000,000 sold from 10 investors on its Form D filed May 18, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Anderson Preferred Properties, LLC based?

Anderson Preferred Properties, LLC is based in Birmingham, Alabama.

When did Anderson Preferred Properties, LLC launch?

Anderson Preferred Properties, LLC reports its first sale in May 2022.

Size compared with every private equity fund

Raised more than 0% of the 9 private equity funds based in Alabama, and more than 35% of all 8,950 that report sales.

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