Cornerstone Point LLC is a real estate fund based in Edina, Minnesota. According to its most recent Form D, filed Jun 17, 2016, it has sold $600,000 of interests to 14 investors since its first sale in Jun 2016. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Thomas Bracken; Robert Newstead.
- Total raised
- $600,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Jun 3, 2016
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Thomas Bracken; Robert Newstead
- Latest Form D
- Jun 17, 2016
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 Point LLC
What is the minimum investment for Cornerstone Point LLC?
According to its latest Form D, filed Jun 17, 2016, the minimum investment Cornerstone Point LLC accepts from an outside investor is $25,000.
Who can invest in Cornerstone Point LLC?
Cornerstone Point 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 Point LLC raised?
Cornerstone Point LLC reports $600,000 sold from 14 investors on its Form D filed Jun 17, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Cornerstone Point LLC based?
Cornerstone Point LLC is based in Edina, Minnesota.
When did Cornerstone Point LLC launch?
Cornerstone Point LLC reports its first sale in Jun 2016.
Size compared with every real estate fund
Raised more than 42% of the 194 real estate funds based in Minnesota, and more than 26% of all 7,311 that report sales.