Clipper Realty Inc. is a real estate fund based in Brooklyn, New York. According to its most recent Form D, filed Jan 27, 2016, it has sold $131,000 of interests to 131 investors since its first sale in Jan 2016. The minimum investment it accepts from an outside investor is $1,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Lawrence Kreider, Jr; Howard Lorber; Roberto Verrone.
- Total raised
- $131,000Cumulative sales reported on Form D
- Investors
- 131
- First sale
- Jan 26, 2016
- Minimum investment
- $1,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lawrence Kreider, Jr; Howard Lorber; Roberto Verrone
- Latest Form D
- Jan 27, 2016
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 Clipper Realty Inc.
What is the minimum investment for Clipper Realty Inc.?
According to its latest Form D, filed Jan 27, 2016, the minimum investment Clipper Realty Inc. accepts from an outside investor is $1,000.
Who can invest in Clipper Realty Inc.?
Clipper Realty Inc. 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 Clipper Realty Inc. raised?
Clipper Realty Inc. reports $131,000 sold from 131 investors on its Form D filed Jan 27, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Clipper Realty Inc. based?
Clipper Realty Inc. is based in Brooklyn, New York.
When did Clipper Realty Inc. launch?
Clipper Realty Inc. reports its first sale in Jan 2016.
Size compared with every real estate fund
Raised more than 49% of the 811 real estate funds based in New York, and more than 16% of all 7,311 that report sales.