AltMountain

Founders Cottages, LLC

West Point, MS · CIK 1717726
Status: no Form D since Sep 2017. 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.

Founders Cottages, LLC is a real estate fund based in West Point, Mississippi. According to its most recent Form D, filed Sep 26, 2017, it has sold $1,487,500 of interests to 14 investors since its first sale in Sep 2017. The minimum investment it accepts from an outside investor is $106,250. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include George Bryan.

Total raised
$1,487,500Cumulative sales reported on Form D
Investors
14
First sale
Sep 14, 2017
Minimum investment
$106,250
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
George Bryan
Latest Form D
Sep 26, 2017

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 Founders Cottages, LLC

What is the minimum investment for Founders Cottages, LLC?

According to its latest Form D, filed Sep 26, 2017, the minimum investment Founders Cottages, LLC accepts from an outside investor is $106,250.

Who can invest in Founders Cottages, LLC?

Founders Cottages, 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 Founders Cottages, LLC raised?

Founders Cottages, LLC reports $1,487,500 sold from 14 investors on its Form D filed Sep 26, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Founders Cottages, LLC based?

Founders Cottages, LLC is based in West Point, Mississippi.

When did Founders Cottages, LLC launch?

Founders Cottages, LLC reports its first sale in Sep 2017.

Size compared with every real estate fund

Raised more than 50% of the 18 real estate funds based in Mississippi, and more than 40% of all 7,316 that report sales.

Similar-size real estate funds in Mississippi

All real estate funds in Mississippi