BIN - Class A AI LLC is a real estate fund based in Charlotte, North Carolina. According to its most recent Form D, filed Jan 11, 2023, it has sold $15,505,000 of interests to 41 investors since its first sale in Jan 2023. 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 Edward Weisiger, Jr; Jon Morris; Michael Harrell.
- Total raised
- $15,505,000Cumulative sales reported on Form D
- Investors
- 41
- First sale
- Jan 1, 2023
- 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
- Edward Weisiger, Jr; Jon Morris; Michael Harrell
- Latest Form D
- Jan 11, 2023
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 BIN - Class A AI LLC
What is the minimum investment for BIN - Class A AI LLC?
According to its latest Form D, filed Jan 11, 2023, the minimum investment BIN - Class A AI LLC accepts from an outside investor is $25,000.
Who can invest in BIN - Class A AI LLC?
BIN - Class A AI 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 BIN - Class A AI LLC raised?
BIN - Class A AI LLC reports $15,505,000 sold from 41 investors on its Form D filed Jan 11, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is BIN - Class A AI LLC based?
BIN - Class A AI LLC is based in Charlotte, North Carolina.
When did BIN - Class A AI LLC launch?
BIN - Class A AI LLC reports its first sale in Jan 2023.
Size compared with every real estate fund
Raised more than 91% of the 294 real estate funds based in North Carolina, and more than 84% of all 7,337 that report sales.