Discovery Land Sidecar I, LLC
Discovery Land Sidecar I, LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed Mar 21, 2025, it has sold $135,000,000 of interests to 41 investors since its first sale in Feb 2024. The filing does not set a minimum investment. 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 Michael Meldman.
- Total raised
- $135,000,000Cumulative sales reported on Form D
- Investors
- 41
- First sale
- Feb 27, 2024
- Minimum investment
- None set
- 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
- Michael Meldman
- Latest Form D
- Mar 21, 2025
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 Discovery Land Sidecar I, LLC
What is the minimum investment for Discovery Land Sidecar I, LLC?
Discovery Land Sidecar I, LLC's latest Form D, filed Mar 21, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Discovery Land Sidecar I, LLC?
Discovery Land Sidecar I, 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 Discovery Land Sidecar I, LLC raised?
Discovery Land Sidecar I, LLC reports $135,000,000 sold from 41 investors on its Form D filed Mar 21, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Discovery Land Sidecar I, LLC based?
Discovery Land Sidecar I, LLC is based in Scottsdale, Arizona.
When did Discovery Land Sidecar I, LLC launch?
Discovery Land Sidecar I, LLC reports its first sale in Feb 2024.
Size compared with every real estate fund
Raised more than 99% of the 347 real estate funds based in Arizona, and more than 98% of all 7,321 that report sales.