CommonGround Abstract, LLC
CommonGround Abstract, LLC is a real estate fund based in Philadelphia, Pennsylvania. According to its most recent Form D, filed May 15, 2020, it has sold $80,000 of interests to 40 investors since its first sale in May 2020. The minimum investment it accepts from an outside investor is $500. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Marc Franzoni.
- Total raised
- $80,000Cumulative sales reported on Form D
- Investors
- 40
- First sale
- May 1, 2020
- Minimum investment
- $500
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Marc Franzoni
- Latest Form D
- May 15, 2020
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 CommonGround Abstract, LLC
What is the minimum investment for CommonGround Abstract, LLC?
According to its latest Form D, filed May 15, 2020, the minimum investment CommonGround Abstract, LLC accepts from an outside investor is $500.
Who can invest in CommonGround Abstract, LLC?
CommonGround Abstract, 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 CommonGround Abstract, LLC raised?
CommonGround Abstract, LLC reports $80,000 sold from 40 investors on its Form D filed May 15, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is CommonGround Abstract, LLC based?
CommonGround Abstract, LLC is based in Philadelphia, Pennsylvania.
When did CommonGround Abstract, LLC launch?
CommonGround Abstract, LLC reports its first sale in May 2020.
Size compared with every real estate fund
Raised more than 17% of the 191 real estate funds based in Pennsylvania, and more than 4% of all 7,311 that report sales.