ECI Five REIT, LLC
ECI Five REIT, LLC is a real estate fund based in Belmont, California. According to its most recent Form D, filed Aug 11, 2017, it has sold $58,425,000 of interests to 14 investors since its first sale in Jul 2016. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Manager ECI Five, LLC.
- Total raised
- $58,425,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Jul 22, 2016
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Manager ECI Five, LLC
- Latest Form D
- Aug 11, 2017
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 ECI Five REIT, LLC
What is the minimum investment for ECI Five REIT, LLC?
ECI Five REIT, LLC's latest Form D, filed Aug 11, 2017, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in ECI Five REIT, LLC?
ECI Five REIT, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has ECI Five REIT, LLC raised?
ECI Five REIT, LLC reports $58,425,000 sold from 14 investors on its Form D filed Aug 11, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is ECI Five REIT, LLC based?
ECI Five REIT, LLC is based in Belmont, California.
When did ECI Five REIT, LLC launch?
ECI Five REIT, LLC reports its first sale in Jul 2016.
Size compared with every real estate fund
Raised more than 94% of the 1,095 real estate funds based in California, and more than 95% of all 7,349 that report sales.