Brownstone Development LLC
Brownstone Development LLC is a real estate fund based in Lafayette, Indiana. According to its most recent Form D, filed May 10, 2017, it has sold $300,000 of interests to 1 investor since its first sale in Feb 2017. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Stephen Toyra; Connor Knowlton; Gold Sail Real Estate LLC.
- Total raised
- $300,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Feb 22, 2017
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Stephen Toyra; Connor Knowlton; Gold Sail Real Estate LLC
- Latest Form D
- May 10, 2017
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 Brownstone Development LLC
What is the minimum investment for Brownstone Development LLC?
Brownstone Development LLC's latest Form D, filed May 10, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Brownstone Development LLC?
Brownstone Development 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 Brownstone Development LLC raised?
Brownstone Development LLC reports $300,000 sold from 1 investor on its Form D filed May 10, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Brownstone Development LLC based?
Brownstone Development LLC is based in Lafayette, Indiana.
When did Brownstone Development LLC launch?
Brownstone Development LLC reports its first sale in Feb 2017.
Size compared with every real estate fund
Raised more than 30% of the 155 real estate funds based in Indiana, and more than 20% of all 7,322 that report sales.