Echelon LLC is a real estate fund based in Milwaukee, Wisconsin. According to its most recent Form D, filed Nov 26, 2014, it has sold $7,550,000 of interests to 45 investors since its first sale in Oct 2014. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Barry Mandel; Manager Mandel/Echelon LLC.
- Total raised
- $7,550,000Cumulative sales reported on Form D
- Investors
- 45
- First sale
- Oct 22, 2014
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Barry Mandel; Manager Mandel/Echelon LLC
- Latest Form D
- Nov 26, 2014
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 Echelon LLC
What is the minimum investment for Echelon LLC?
According to its latest Form D, filed Nov 26, 2014, the minimum investment Echelon LLC accepts from an outside investor is $100,000.
Who can invest in Echelon LLC?
Echelon 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 Echelon LLC raised?
Echelon LLC reports $7,550,000 sold from 45 investors on its Form D filed Nov 26, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Echelon LLC based?
Echelon LLC is based in Milwaukee, Wisconsin.
When did Echelon LLC launch?
Echelon LLC reports its first sale in Oct 2014.
Size compared with every real estate fund
Raised more than 84% of the 130 real estate funds based in Wisconsin, and more than 74% of all 7,311 that report sales.