AltMountain

Gate Chelsea, LLC

Boston, MA · CIK 1561889 · Sponsor: Gate Residential Properties, LLC
Status: no Form D since Nov 2012. 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.

Gate Chelsea, LLC is a real estate fund based in Boston, Massachusetts. According to its most recent Form D, filed Nov 16, 2012, it has sold $1,334,414 of interests to 11 investors since its first sale in Nov 2012. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include Gate Residential Properties, LLC; Kyle Warwick; Damian Szary.

Total raised
$1,334,414Cumulative sales reported on Form D
Investors
11
First sale
Nov 2, 2012
Minimum investment
$50,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Other exemption
Key people and entities
Gate Residential Properties, LLC; Kyle Warwick; Damian Szary
Latest Form D
Nov 16, 2012

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 Gate Chelsea, LLC

What is the minimum investment for Gate Chelsea, LLC?

According to its latest Form D, filed Nov 16, 2012, the minimum investment Gate Chelsea, LLC accepts from an outside investor is $50,000.

Who can invest in Gate Chelsea, LLC?

Gate Chelsea, 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).

How much has Gate Chelsea, LLC raised?

Gate Chelsea, LLC reports $1,334,414 sold from 11 investors on its Form D filed Nov 16, 2012. This is cumulative sales since the offering began, not current assets or performance.

Where is Gate Chelsea, LLC based?

Gate Chelsea, LLC is based in Boston, Massachusetts.

When did Gate Chelsea, LLC launch?

Gate Chelsea, LLC reports its first sale in Nov 2012.

Size compared with every real estate fund

Raised more than 51% of the 213 real estate funds based in Massachusetts, and more than 38% of all 7,321 that report sales.

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