Cornerstone Fund 1 LLC
Cornerstone Fund 1 LLC is a real estate fund based in Charlottesville, Virginia. According to its most recent Form D, filed May 5, 2017, it has sold $1,000,000 of interests to 5 investors since its first sale in Apr 2017. 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 Robert Noll; Ian Wren; Reid Murphy.
- Total raised
- $1,000,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Apr 20, 2017
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Robert Noll; Ian Wren; Reid Murphy
- Latest Form D
- May 5, 2017
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 Fund 1 LLC
What is the minimum investment for Cornerstone Fund 1 LLC?
According to its latest Form D, filed May 5, 2017, the minimum investment Cornerstone Fund 1 LLC accepts from an outside investor is $50,000.
Who can invest in Cornerstone Fund 1 LLC?
Cornerstone Fund 1 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 Fund 1 LLC raised?
Cornerstone Fund 1 LLC reports $1,000,000 sold from 5 investors on its Form D filed May 5, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Cornerstone Fund 1 LLC based?
Cornerstone Fund 1 LLC is based in Charlottesville, Virginia.
When did Cornerstone Fund 1 LLC launch?
Cornerstone Fund 1 LLC reports its first sale in Apr 2017.
Size compared with every real estate fund
Raised more than 47% of the 142 real estate funds based in Virginia, and more than 33% of all 7,350 that report sales.