Cloud Apartments Fund LLC
Cloud Apartments Fund LLC is a real estate fund based in Eden Prairie, Minnesota. According to its most recent Form D, filed Nov 1, 2021, it has sold $6,375,000 of interests to 29 investors since its first sale in Oct 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 Lonnie Provencher; Michael Holst; Eric Simmer.
- Total raised
- $6,375,000Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Oct 15, 2021
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lonnie Provencher; Michael Holst; Eric Simmer
- Latest Form D
- Nov 1, 2021
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 Cloud Apartments Fund LLC
What is the minimum investment for Cloud Apartments Fund LLC?
According to its latest Form D, filed Nov 1, 2021, the minimum investment Cloud Apartments Fund LLC accepts from an outside investor is $50,000.
Who can invest in Cloud Apartments Fund LLC?
Cloud Apartments Fund 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 Cloud Apartments Fund LLC raised?
Cloud Apartments Fund LLC reports $6,375,000 sold from 29 investors on its Form D filed Nov 1, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Cloud Apartments Fund LLC based?
Cloud Apartments Fund LLC is based in Eden Prairie, Minnesota.
When did Cloud Apartments Fund LLC launch?
Cloud Apartments Fund LLC reports its first sale in Oct 2021.
Size compared with every real estate fund
Raised more than 85% of the 195 real estate funds based in Minnesota, and more than 70% of all 7,351 that report sales.