AltMountain

CS Netcong, LLC

Morristown, NJ · CIK 1781125 · Sponsor: CS Manager, LLC
Status: no Form D since Jun 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

CS Netcong, LLC is a real estate fund based in Morristown, New Jersey. According to its most recent Form D, filed Jun 23, 2021, it has sold $3,694,000 of interests to 28 investors since its first sale in Jul 2019. The minimum investment it accepts from an outside investor is $40,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jeffrey Sica; CS Manager, LLC.

Total raised
$3,694,000Cumulative sales reported on Form D
Investors
28
First sale
Jul 1, 2019
Minimum investment
$40,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Jeffrey Sica; CS Manager, LLC
Latest Form D
Jun 23, 2021

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 CS Netcong, LLC

What is the minimum investment for CS Netcong, LLC?

According to its latest Form D, filed Jun 23, 2021, the minimum investment CS Netcong, LLC accepts from an outside investor is $40,000.

Who can invest in CS Netcong, LLC?

CS Netcong, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has CS Netcong, LLC raised?

CS Netcong, LLC reports $3,694,000 sold from 28 investors on its Form D filed Jun 23, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is CS Netcong, LLC based?

CS Netcong, LLC is based in Morristown, New Jersey.

When did CS Netcong, LLC launch?

CS Netcong, LLC reports its first sale in Jul 2019.

Size compared with every real estate fund

Raised more than 68% of the 120 real estate funds based in New Jersey, and more than 59% of all 7,337 that report sales.

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