AltMountain

EquityMultiple 38, LLC

New York, NY · CIK 1718822
506(c)
Status: no Form D since Jan 2018. 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.

EquityMultiple 38, LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Jan 22, 2018, it has sold $600,000 of interests to 5 investors since its first sale in Aug 2017. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Marious Sjulsen; Charles Clinton.

Total raised
$600,000Cumulative sales reported on Form D
Investors
5
First sale
Aug 29, 2017
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Marious Sjulsen; Charles Clinton
Latest Form D
Jan 22, 2018

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 EquityMultiple 38, LLC

What is the minimum investment for EquityMultiple 38, LLC?

According to its latest Form D, filed Jan 22, 2018, the minimum investment EquityMultiple 38, LLC accepts from an outside investor is $10,000.

Who can invest in EquityMultiple 38, LLC?

EquityMultiple 38, 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 EquityMultiple 38, LLC raised?

EquityMultiple 38, LLC reports $600,000 sold from 5 investors on its Form D filed Jan 22, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is EquityMultiple 38, LLC based?

EquityMultiple 38, LLC is based in New York, New York.

When did EquityMultiple 38, LLC launch?

EquityMultiple 38, LLC reports its first sale in Aug 2017.

Size compared with every real estate fund

Raised more than 54% of the 812 real estate funds based in New York, and more than 26% of all 7,322 that report sales.

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