Flagsticks RH-1, LLC
Flagsticks RH-1, LLC is a real estate fund based in Williamsburg, Virginia. According to its most recent Form D, filed Jun 24, 2019, it has sold $1,950,000 of interests to 3 investors since its first sale in Dec 2018. 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 Gerald Pessaro.
- Total raised
- $1,950,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Dec 27, 2018
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gerald Pessaro
- Latest Form D
- Jun 24, 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 Flagsticks RH-1, LLC
What is the minimum investment for Flagsticks RH-1, LLC?
According to its latest Form D, filed Jun 24, 2019, the minimum investment Flagsticks RH-1, LLC accepts from an outside investor is $50,000.
Who can invest in Flagsticks RH-1, LLC?
Flagsticks RH-1, 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 Flagsticks RH-1, LLC raised?
Flagsticks RH-1, LLC reports $1,950,000 sold from 3 investors on its Form D filed Jun 24, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Flagsticks RH-1, LLC based?
Flagsticks RH-1, LLC is based in Williamsburg, Virginia.
When did Flagsticks RH-1, LLC launch?
Flagsticks RH-1, LLC reports its first sale in Dec 2018.
Size compared with every real estate fund
Raised more than 57% of the 141 real estate funds based in Virginia, and more than 45% of all 7,351 that report sales.