Commerce 75 B1, Inc. is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Feb 8, 2021, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2021. 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 Todd Platt; Robert Vicente; Dewitt Hicks, III.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 28, 2021
- 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
- Todd Platt; Robert Vicente; Dewitt Hicks, III
- Latest Form D
- Feb 8, 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 Commerce 75 B1, Inc.
What is the minimum investment for Commerce 75 B1, Inc.?
According to its latest Form D, filed Feb 8, 2021, the minimum investment Commerce 75 B1, Inc. accepts from an outside investor is $1,000.
Who can invest in Commerce 75 B1, Inc.?
Commerce 75 B1, 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 Commerce 75 B1, Inc. raised?
Commerce 75 B1, Inc. reports $125,000 sold from 125 investors on its Form D filed Feb 8, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Commerce 75 B1, Inc. based?
Commerce 75 B1, Inc. is based in Dallas, Texas.
When did Commerce 75 B1, Inc. launch?
Commerce 75 B1, Inc. reports its first sale in Jan 2021.
Size compared with every real estate fund
Raised more than 32% of the 1,419 real estate funds based in Texas, and more than 8% of all 7,350 that report sales.