CREST Sub-REIT LLC is a real estate fund based in Austin, Texas. According to its most recent Form D, filed Dec 31, 2018, it has sold $125,000 of interests to 125 investors since its first sale in Dec 2018. 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 Brian Streko; Sean Dobson; Jason Rottinger.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Dec 14, 2018
- 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
- Brian Streko; Sean Dobson; Jason Rottinger
- Latest Form D
- Dec 31, 2018
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 CREST Sub-REIT LLC
What is the minimum investment for CREST Sub-REIT LLC?
According to its latest Form D, filed Dec 31, 2018, the minimum investment CREST Sub-REIT LLC accepts from an outside investor is $1,000.
Who can invest in CREST Sub-REIT LLC?
CREST Sub-REIT LLC 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 CREST Sub-REIT LLC raised?
CREST Sub-REIT LLC reports $125,000 sold from 125 investors on its Form D filed Dec 31, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is CREST Sub-REIT LLC based?
CREST Sub-REIT LLC is based in Austin, Texas.
When did CREST Sub-REIT LLC launch?
CREST Sub-REIT LLC reports its first sale in Dec 2018.
Size compared with every real estate fund
Raised more than 32% of the 1,418 real estate funds based in Texas, and more than 8% of all 7,322 that report sales.