Driftwood CC 101, LLC is a real estate fund based in San Antonio, Texas. According to its most recent Form D, filed Jun 3, 2024, it has sold $2,200,000 of interests to 25 investors since its first sale in May 2024. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Paul Montelongo.
- Total raised
- $2,200,000Cumulative sales reported on Form D
- Investors
- 25
- First sale
- May 20, 2024
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Paul Montelongo
- Latest Form D
- Jun 3, 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 Driftwood CC 101, LLC
What is the minimum investment for Driftwood CC 101, LLC?
According to its latest Form D, filed Jun 3, 2024, the minimum investment Driftwood CC 101, LLC accepts from an outside investor is $50,000.
Who can invest in Driftwood CC 101, LLC?
Driftwood CC 101, 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 Driftwood CC 101, LLC raised?
Driftwood CC 101, LLC reports $2,200,000 sold from 25 investors on its Form D filed Jun 3, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Driftwood CC 101, LLC based?
Driftwood CC 101, LLC is based in San Antonio, Texas.
When did Driftwood CC 101, LLC launch?
Driftwood CC 101, LLC reports its first sale in May 2024.
Size compared with every real estate fund
Raised more than 62% of the 1,412 real estate funds based in Texas, and more than 48% of all 7,316 that report sales.