Bfs1, LLC is a real estate fund based in Kernersville, North Carolina. According to its most recent Form D, filed Jul 16, 2025, it has sold $7,473,006 of interests to 21 investors since its first sale in Jul 2025. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Christopher Lyons.
- Total raised
- $7,473,006Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Jul 2, 2025
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Christopher Lyons
- Latest Form D
- Jul 16, 2025
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 Bfs1, LLC
What is the minimum investment for Bfs1, LLC?
According to its latest Form D, filed Jul 16, 2025, the minimum investment Bfs1, LLC accepts from an outside investor is $10,000.
Who can invest in Bfs1, LLC?
Bfs1, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Bfs1, LLC raised?
Bfs1, LLC reports $7,473,006 sold from 21 investors on its Form D filed Jul 16, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Bfs1, LLC based?
Bfs1, LLC is based in Kernersville, North Carolina.
When did Bfs1, LLC launch?
Bfs1, LLC reports its first sale in Jul 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 82% of the 294 real estate funds based in North Carolina, and more than 73% of all 7,337 that report sales.