Cornerstone Apartments, LLC
Cornerstone Apartments, LLC is a real estate fund based in Grove, Minnesota. According to its most recent Form D, filed Dec 18, 2020, it has sold $750,000 of interests to 3 investors since its first sale in Dec 2020. 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 Mark Mason; Israel Garavito.
- Total raised
- $750,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Dec 5, 2020
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Mark Mason; Israel Garavito
- Latest Form D
- Dec 18, 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 Cornerstone Apartments, LLC
What is the minimum investment for Cornerstone Apartments, LLC?
According to its latest Form D, filed Dec 18, 2020, the minimum investment Cornerstone Apartments, LLC accepts from an outside investor is $50,000.
Who can invest in Cornerstone Apartments, LLC?
Cornerstone Apartments, 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 Cornerstone Apartments, LLC raised?
Cornerstone Apartments, LLC reports $750,000 sold from 3 investors on its Form D filed Dec 18, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Cornerstone Apartments, LLC based?
Cornerstone Apartments, LLC is based in Grove, Minnesota.
When did Cornerstone Apartments, LLC launch?
Cornerstone Apartments, LLC reports its first sale in Dec 2020.
Size compared with every real estate fund
Raised more than 42% of the 195 real estate funds based in Minnesota, and more than 28% of all 7,351 that report sales.