FLB Project LLC is a real estate fund based in Columbia, South Carolina. According to its most recent Form D, filed Jan 20, 2015, it has sold $2,000,000 of interests to 15 investors since its first sale in Nov 2014. 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 William Yandell; Heritage Land and Development, LLC Heritage Land and Development, LLC; John Glassell.
- Total raised
- $2,000,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Nov 6, 2014
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- William Yandell; Heritage Land and Development, LLC Heritage Land and Development, LLC; John Glassell
- Latest Form D
- Jan 20, 2015
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 FLB Project LLC
What is the minimum investment for FLB Project LLC?
According to its latest Form D, filed Jan 20, 2015, the minimum investment FLB Project LLC accepts from an outside investor is $50,000.
Who can invest in FLB Project LLC?
FLB Project 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 FLB Project LLC raised?
FLB Project LLC reports $2,000,000 sold from 15 investors on its Form D filed Jan 20, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is FLB Project LLC based?
FLB Project LLC is based in Columbia, South Carolina.
When did FLB Project LLC launch?
FLB Project LLC reports its first sale in Nov 2014.
Size compared with every real estate fund
Raised more than 53% of the 120 real estate funds based in South Carolina, and more than 45% of all 7,337 that report sales.