AltMountain

FN 524 Lamar, LLC

Ventura, CA · CIK 1519484
Status: no Form D since May 2011. 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.

FN 524 Lamar, LLC is a real estate fund based in Ventura, California. According to its most recent Form D, filed May 2, 2011, it has sold $880,000 of interests to 6 investors since its first sale in Apr 2011. The minimum investment it accepts from an outside investor is $10,000. Related persons named in the filing include Richard Fausset; Richard Fausset, Jr; Jack Neely.

Total raised
$880,000Cumulative sales reported on Form D
Investors
6
First sale
Apr 28, 2011
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Other exemption
Key people and entities
Richard Fausset; Richard Fausset, Jr; Jack Neely
Latest Form D
May 2, 2011

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 FN 524 Lamar, LLC

What is the minimum investment for FN 524 Lamar, LLC?

According to its latest Form D, filed May 2, 2011, the minimum investment FN 524 Lamar, LLC accepts from an outside investor is $10,000.

Who can invest in FN 524 Lamar, LLC?

FN 524 Lamar, LLC is generally open only to investors who meet the eligibility rules in its offering documents.

How much has FN 524 Lamar, LLC raised?

FN 524 Lamar, LLC reports $880,000 sold from 6 investors on its Form D filed May 2, 2011. This is cumulative sales since the offering began, not current assets or performance.

Where is FN 524 Lamar, LLC based?

FN 524 Lamar, LLC is based in Ventura, California.

When did FN 524 Lamar, LLC launch?

FN 524 Lamar, LLC reports its first sale in Apr 2011.

Size compared with every real estate fund

Raised more than 48% of the 1,091 real estate funds based in California, and more than 31% of all 7,348 that report sales.

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