AltMountain

CBE Penn, LLC

Marlborough, MA · CIK 1992199
Status: no Form D since Oct 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

CBE Penn, LLC is a real estate fund based in Marlborough, Massachusetts. According to its most recent Form D, filed Oct 13, 2023, it has sold $1,900,000 of interests to 13 investors since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Colin Gillespie; Robert Macnamara, Jr; John Conley.

Total raised
$1,900,000Cumulative sales reported on Form D
Investors
13
First sale
Dec 31, 2021
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Colin Gillespie; Robert Macnamara, Jr; John Conley
Latest Form D
Oct 13, 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 CBE Penn, LLC

What is the minimum investment for CBE Penn, LLC?

According to its latest Form D, filed Oct 13, 2023, the minimum investment CBE Penn, LLC accepts from an outside investor is $50,000.

Who can invest in CBE Penn, LLC?

CBE Penn, 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 CBE Penn, LLC raised?

CBE Penn, LLC reports $1,900,000 sold from 13 investors on its Form D filed Oct 13, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is CBE Penn, LLC based?

CBE Penn, LLC is based in Marlborough, Massachusetts.

When did CBE Penn, LLC launch?

CBE Penn, LLC reports its first sale in Dec 2021.

Size compared with every real estate fund

Raised more than 55% of the 212 real estate funds based in Massachusetts, and more than 44% of all 7,337 that report sales.

Other funds with the same team

Similar-size real estate funds in Massachusetts

All real estate funds in Massachusetts