Downriver 281, LLC is a real estate fund based in Detroit, Michigan. According to its most recent Form D, filed Mar 14, 2022, it has sold $5,010,000 of interests to 30 investors since its first sale in Feb 2022. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kevin Kovachevich.
- Total raised
- $5,010,000Cumulative sales reported on Form D
- Investors
- 30
- First sale
- Feb 1, 2022
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kevin Kovachevich
- Latest Form D
- Mar 14, 2022
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 Downriver 281, LLC
What is the minimum investment for Downriver 281, LLC?
According to its latest Form D, filed Mar 14, 2022, the minimum investment Downriver 281, LLC accepts from an outside investor is $10,000.
Who can invest in Downriver 281, LLC?
Downriver 281, 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 Downriver 281, LLC raised?
Downriver 281, LLC reports $5,010,000 sold from 30 investors on its Form D filed Mar 14, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Downriver 281, LLC based?
Downriver 281, LLC is based in Detroit, Michigan.
When did Downriver 281, LLC launch?
Downriver 281, LLC reports its first sale in Feb 2022.
Size compared with every real estate fund
Raised more than 75% of the 103 real estate funds based in Michigan, and more than 66% of all 7,349 that report sales.