AREP Natchez 500 Downs LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Sep 15, 2016, it has sold $3,155,200 of interests to 68 investors since its first sale in Sep 2016. The minimum investment it accepts from an outside investor is $25,000. 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 Leslie Fowler; Alex Foster; Aubrey Preston.
- Total raised
- $3,155,200Cumulative sales reported on Form D
- Investors
- 68
- First sale
- Sep 1, 2016
- Minimum investment
- $25,000
- 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
- Leslie Fowler; Alex Foster; Aubrey Preston
- Latest Form D
- Sep 15, 2016
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 AREP Natchez 500 Downs LLC
What is the minimum investment for AREP Natchez 500 Downs LLC?
According to its latest Form D, filed Sep 15, 2016, the minimum investment AREP Natchez 500 Downs LLC accepts from an outside investor is $25,000.
Who can invest in AREP Natchez 500 Downs LLC?
AREP Natchez 500 Downs 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 AREP Natchez 500 Downs LLC raised?
AREP Natchez 500 Downs LLC reports $3,155,200 sold from 68 investors on its Form D filed Sep 15, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is AREP Natchez 500 Downs LLC based?
AREP Natchez 500 Downs LLC is based in New York, New York.
When did AREP Natchez 500 Downs LLC launch?
AREP Natchez 500 Downs LLC reports its first sale in Sep 2016.
Size compared with every real estate fund
Raised more than 72% of the 811 real estate funds based in New York, and more than 56% of all 7,351 that report sales.