AltMountain

Exchange 3 LLC

Chapel Hill, NC · CIK 1706789
Status: no Form D since Jun 2017. 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.

Exchange 3 LLC is a real estate fund based in Chapel Hill, North Carolina. According to its most recent Form D, filed Jun 14, 2017, it has sold $1,000,000 of interests to 2 investors since its first sale in May 2017. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Theodore Kairys.

Total raised
$1,000,000Cumulative sales reported on Form D
Investors
2
First sale
May 5, 2017
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Theodore Kairys
Latest Form D
Jun 14, 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 Exchange 3 LLC

What is the minimum investment for Exchange 3 LLC?

According to its latest Form D, filed Jun 14, 2017, the minimum investment Exchange 3 LLC accepts from an outside investor is $50,000.

Who can invest in Exchange 3 LLC?

Exchange 3 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 Exchange 3 LLC raised?

Exchange 3 LLC reports $1,000,000 sold from 2 investors on its Form D filed Jun 14, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Exchange 3 LLC based?

Exchange 3 LLC is based in Chapel Hill, North Carolina.

When did Exchange 3 LLC launch?

Exchange 3 LLC reports its first sale in May 2017.

Size compared with every real estate fund

Raised more than 49% of the 294 real estate funds based in North Carolina, and more than 32% of all 7,337 that report sales.

More real estate funds in Chapel Hill

Similar-size real estate funds in North Carolina

All real estate funds in North Carolina