AltMountain

Elevate Preston Grove, LLC

Homewood, AL · CIK 1763446
Status: no Form D since Jan 2019. 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.

Elevate Preston Grove, LLC is a real estate fund based in Homewood, Alabama. According to its most recent Form D, filed Jan 3, 2019, it has sold $1,000,000 of interests to 5 investors since its first sale in Dec 2018. The minimum investment it accepts from an outside investor is $1,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include James Harwell.

Total raised
$1,000,000Cumulative sales reported on Form D
Investors
5
First sale
Dec 19, 2018
Minimum investment
$1,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
James Harwell
Latest Form D
Jan 3, 2019

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 Elevate Preston Grove, LLC

What is the minimum investment for Elevate Preston Grove, LLC?

According to its latest Form D, filed Jan 3, 2019, the minimum investment Elevate Preston Grove, LLC accepts from an outside investor is $1,000.

Who can invest in Elevate Preston Grove, LLC?

Elevate Preston Grove, 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 Elevate Preston Grove, LLC raised?

Elevate Preston Grove, LLC reports $1,000,000 sold from 5 investors on its Form D filed Jan 3, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Elevate Preston Grove, LLC based?

Elevate Preston Grove, LLC is based in Homewood, Alabama.

When did Elevate Preston Grove, LLC launch?

Elevate Preston Grove, LLC reports its first sale in Dec 2018.

Size compared with every real estate fund

Raised more than 32% of the 92 real estate funds based in Alabama, and more than 33% of all 7,351 that report sales.

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