Bay State REIT, LLC is a real estate fund based in Boston, Massachusetts. According to its most recent Form D, filed Feb 9, 2016, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2016. 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 Paul Nasser; Peter Palandjian; Thomas Taranto, Jr.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 26, 2016
- 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
- Paul Nasser; Peter Palandjian; Thomas Taranto, Jr
- Latest Form D
- Feb 9, 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 Bay State REIT, LLC
What is the minimum investment for Bay State REIT, LLC?
According to its latest Form D, filed Feb 9, 2016, the minimum investment Bay State REIT, LLC accepts from an outside investor is $1,000.
Who can invest in Bay State REIT, LLC?
Bay State 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 Bay State REIT, LLC raised?
Bay State REIT, LLC reports $125,000 sold from 125 investors on its Form D filed Feb 9, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Bay State REIT, LLC based?
Bay State REIT, LLC is based in Boston, Massachusetts.
When did Bay State REIT, LLC launch?
Bay State REIT, LLC reports its first sale in Jan 2016.
Size compared with every real estate fund
Raised more than 23% of the 214 real estate funds based in Massachusetts, and more than 8% of all 7,351 that report sales.