Franklin Jackson, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed May 9, 2024, it has sold $7,200,000 of interests to 9 investors since its first sale in Aug 2023. The minimum investment it accepts from an outside investor is $800,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include John Mangel.
- Total raised
- $7,200,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Aug 3, 2023
- Minimum investment
- $800,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- John Mangel
- Latest Form D
- May 9, 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 Franklin Jackson, LLC
What is the minimum investment for Franklin Jackson, LLC?
According to its latest Form D, filed May 9, 2024, the minimum investment Franklin Jackson, LLC accepts from an outside investor is $800,000.
Who can invest in Franklin Jackson, LLC?
Franklin Jackson, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Franklin Jackson, LLC raised?
Franklin Jackson, LLC reports $7,200,000 sold from 9 investors on its Form D filed May 9, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Franklin Jackson, LLC based?
Franklin Jackson, LLC is based in Chicago, Illinois.
When did Franklin Jackson, LLC launch?
Franklin Jackson, LLC reports its first sale in Aug 2023.
Size compared with every real estate fund
Raised more than 77% of the 481 real estate funds based in Illinois, and more than 73% of all 7,349 that report sales.