AltMountain

DP 151, LLC

Mt Kisco, NY · CIK 2024554
506(c)
Status: no Form D since May 2024. 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.

DP 151, LLC is a real estate fund based in Mt Kisco, New York. According to its most recent Form D, filed May 30, 2024, it has sold $20,270,000 of interests to 63 investors since its first sale in Nov 2023. The minimum investment it accepts from an outside investor is $72,012. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include James Diamond; William Diamond.

Total raised
$20,270,000Cumulative sales reported on Form D
Investors
63
First sale
Nov 16, 2023
Minimum investment
$72,012
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
James Diamond; William Diamond
Latest Form D
May 30, 2024

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 DP 151, LLC

What is the minimum investment for DP 151, LLC?

According to its latest Form D, filed May 30, 2024, the minimum investment DP 151, LLC accepts from an outside investor is $72,012.

Who can invest in DP 151, LLC?

DP 151, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has DP 151, LLC raised?

DP 151, LLC reports $20,270,000 sold from 63 investors on its Form D filed May 30, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is DP 151, LLC based?

DP 151, LLC is based in Mt Kisco, New York.

When did DP 151, LLC launch?

DP 151, LLC reports its first sale in Nov 2023.

Size compared with every real estate fund

Raised more than 89% of the 812 real estate funds based in New York, and more than 87% of all 7,337 that report sales.

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