Fcp-Rhode Island, LLC is a real estate fund based in Los Altos, California. According to its most recent Form D, filed Apr 23, 2020, it has sold $350,000 of interests to 6 investors since its first sale in Apr 2020. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Bruce Burkard.
- Total raised
- $350,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Apr 17, 2020
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Bruce Burkard
- Latest Form D
- Apr 23, 2020
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 Fcp-Rhode Island, LLC
What is the minimum investment for Fcp-Rhode Island, LLC?
According to its latest Form D, filed Apr 23, 2020, the minimum investment Fcp-Rhode Island, LLC accepts from an outside investor is $50,000.
Who can invest in Fcp-Rhode Island, LLC?
Fcp-Rhode Island, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Fcp-Rhode Island, LLC raised?
Fcp-Rhode Island, LLC reports $350,000 sold from 6 investors on its Form D filed Apr 23, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Fcp-Rhode Island, LLC based?
Fcp-Rhode Island, LLC is based in Los Altos, California.
When did Fcp-Rhode Island, LLC launch?
Fcp-Rhode Island, LLC reports its first sale in Apr 2020.
Size compared with every real estate fund
Raised more than 40% of the 1,091 real estate funds based in California, and more than 21% of all 7,348 that report sales.