FortyEight, LLC is a real estate fund based in South Jordan, Utah. According to its most recent Form D, filed Nov 18, 2024, it has sold $440,000 of interests to 6 investors since its first sale in Nov 2024. The minimum investment it accepts from an outside investor is $33,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Ryan Landis.
- Total raised
- $440,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Nov 4, 2024
- Minimum investment
- $33,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ryan Landis
- Latest Form D
- Nov 18, 2024
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 FortyEight, LLC
What is the minimum investment for FortyEight, LLC?
According to its latest Form D, filed Nov 18, 2024, the minimum investment FortyEight, LLC accepts from an outside investor is $33,000.
Who can invest in FortyEight, LLC?
FortyEight, 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 FortyEight, LLC raised?
FortyEight, LLC reports $440,000 sold from 6 investors on its Form D filed Nov 18, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is FortyEight, LLC based?
FortyEight, LLC is based in South Jordan, Utah.
When did FortyEight, LLC launch?
FortyEight, LLC reports its first sale in Nov 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 40% of the 229 real estate funds based in Utah, and more than 23% of all 7,349 that report sales.