AltMountain

BDR Urban 24 LLC

Bellevue, WA · CIK 1719974 · Sponsor: BDR Urban
506(c)
Status: no Form D since Oct 2018. 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.

BDR Urban 24 LLC is a real estate fund based in Bellevue, Washington. According to its most recent Form D, filed Oct 31, 2018, it has sold $1,450,000 of interests to 29 investors since its first sale in Dec 2017. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Todd Bennett.

Total raised
$1,450,000Cumulative sales reported on Form D
Investors
29
First sale
Dec 22, 2017
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Todd Bennett
Latest Form D
Oct 31, 2018

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 BDR Urban 24 LLC

What is the minimum investment for BDR Urban 24 LLC?

According to its latest Form D, filed Oct 31, 2018, the minimum investment BDR Urban 24 LLC accepts from an outside investor is $50,000.

Who can invest in BDR Urban 24 LLC?

BDR Urban 24 LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has BDR Urban 24 LLC raised?

BDR Urban 24 LLC reports $1,450,000 sold from 29 investors on its Form D filed Oct 31, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is BDR Urban 24 LLC based?

BDR Urban 24 LLC is based in Bellevue, Washington.

When did BDR Urban 24 LLC launch?

BDR Urban 24 LLC reports its first sale in Dec 2017.

Size compared with every real estate fund

Raised more than 53% of the 285 real estate funds based in Washington, and more than 39% of all 7,351 that report sales.

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