Carefree Communities Inc.
Carefree Communities Inc. is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed Jan 17, 2014, it has sold $104,000 of interests to 104 investors since its first sale in Jan 2014. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include William Rahm; David Napp; Phillip Funk.
- Total raised
- $104,000Cumulative sales reported on Form D
- Investors
- 104
- First sale
- Jan 16, 2014
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- William Rahm; David Napp; Phillip Funk
- Latest Form D
- Jan 17, 2014
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 Carefree Communities Inc.
What is the minimum investment for Carefree Communities Inc.?
According to its latest Form D, filed Jan 17, 2014, the minimum investment Carefree Communities Inc. accepts from an outside investor is $1,000.
Who can invest in Carefree Communities Inc.?
Carefree Communities Inc. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Carefree Communities Inc. raised?
Carefree Communities Inc. reports $104,000 sold from 104 investors on its Form D filed Jan 17, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Carefree Communities Inc. based?
Carefree Communities Inc. is based in Scottsdale, Arizona.
When did Carefree Communities Inc. launch?
Carefree Communities Inc. reports its first sale in Jan 2014.
Size compared with every real estate fund
Raised more than 23% of the 345 real estate funds based in Arizona, and more than 5% of all 7,351 that report sales.