Celina 98 LLC is a real estate fund based in Plano, Texas. According to its most recent Form D, filed Apr 29, 2025, it has sold $12,420,200 of interests to 10 investors since its first sale in Mar 2025. The minimum investment it accepts from an outside investor is $40,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Jameel Dawood; Marwan Nafal.
- Total raised
- $12,420,200Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Mar 17, 2025
- Minimum investment
- $40,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jameel Dawood; Marwan Nafal
- Latest Form D
- Apr 29, 2025
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 Celina 98 LLC
What is the minimum investment for Celina 98 LLC?
According to its latest Form D, filed Apr 29, 2025, the minimum investment Celina 98 LLC accepts from an outside investor is $40,000.
Who can invest in Celina 98 LLC?
Celina 98 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 Celina 98 LLC raised?
Celina 98 LLC reports $12,420,200 sold from 10 investors on its Form D filed Apr 29, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Celina 98 LLC based?
Celina 98 LLC is based in Plano, Texas.
When did Celina 98 LLC launch?
Celina 98 LLC reports its first sale in Mar 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 88% of the 1,421 real estate funds based in Texas, and more than 82% of all 7,337 that report sales.