First Tower Associates, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed May 9, 2018, it has sold $2,037,070 of interests to 14 investors since its first sale in Apr 2018. The minimum investment it accepts from an outside investor is $4,000. 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 Thomas Litton; Jay Zwiebel; Managing Co., LLC First Tower 2018.
- Total raised
- $2,037,070Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Apr 26, 2018
- Minimum investment
- $4,000
- 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
- Thomas Litton; Jay Zwiebel; Managing Co., LLC First Tower 2018
- Latest Form D
- May 9, 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 First Tower Associates, LLC
What is the minimum investment for First Tower Associates, LLC?
According to its latest Form D, filed May 9, 2018, the minimum investment First Tower Associates, LLC accepts from an outside investor is $4,000.
Who can invest in First Tower Associates, LLC?
First Tower Associates, 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 First Tower Associates, LLC raised?
First Tower Associates, LLC reports $2,037,070 sold from 14 investors on its Form D filed May 9, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is First Tower Associates, LLC based?
First Tower Associates, LLC is based in Norfolk, Virginia.
When did First Tower Associates, LLC launch?
First Tower Associates, LLC reports its first sale in Apr 2018.
Size compared with every real estate fund
Raised more than 57% of the 141 real estate funds based in Virginia, and more than 46% of all 7,311 that report sales.