ECG 1305 Progress LLC is a real estate fund based in Beverly Hills, California. According to its most recent Form D, filed Mar 24, 2025, it has sold $5,100,000 of interests to 37 investors since its first sale in Jan 2025. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Elmwood Capital Group LLC; Elliot Sassover.
- Total raised
- $5,100,000Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Jan 28, 2025
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Elmwood Capital Group LLC; Elliot Sassover
- Latest Form D
- Mar 24, 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 ECG 1305 Progress LLC
What is the minimum investment for ECG 1305 Progress LLC?
ECG 1305 Progress LLC's latest Form D, filed Mar 24, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in ECG 1305 Progress LLC?
ECG 1305 Progress 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 ECG 1305 Progress LLC raised?
ECG 1305 Progress LLC reports $5,100,000 sold from 37 investors on its Form D filed Mar 24, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is ECG 1305 Progress LLC based?
ECG 1305 Progress LLC is based in Beverly Hills, California.
When did ECG 1305 Progress LLC launch?
ECG 1305 Progress LLC reports its first sale in Jan 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 72% of the 1,091 real estate funds based in California, and more than 66% of all 7,337 that report sales.