Block 9 Hotel LLC is a real estate fund based in Fargo, North Dakota. According to its most recent Form D, filed Apr 3, 2019, it has sold $11,675,021 of interests to 27 investors since its first sale in Aug 2018. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Lauris Molbert; William Rothman; Michael Allmendinger.
- Total raised
- $11,675,021Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Aug 20, 2018
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lauris Molbert; William Rothman; Michael Allmendinger
- Latest Form D
- Apr 3, 2019
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 Block 9 Hotel LLC
What is the minimum investment for Block 9 Hotel LLC?
According to its latest Form D, filed Apr 3, 2019, the minimum investment Block 9 Hotel LLC accepts from an outside investor is $10,000.
Who can invest in Block 9 Hotel LLC?
Block 9 Hotel 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 Block 9 Hotel LLC raised?
Block 9 Hotel LLC reports $11,675,021 sold from 27 investors on its Form D filed Apr 3, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Block 9 Hotel LLC based?
Block 9 Hotel LLC is based in Fargo, North Dakota.
When did Block 9 Hotel LLC launch?
Block 9 Hotel LLC reports its first sale in Aug 2018.
Size compared with every real estate fund
Raised more than 85% of the 26 real estate funds based in North Dakota, and more than 81% of all 7,350 that report sales.