GLC Newberry LLC is a real estate fund based in Irvine, California. According to its most recent Form D, filed Nov 29, 2023, it has sold $125,000 of interests to 125 investors since its first sale in Nov 2023. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Simon Johnson; Anthony Rozic; Danielle Van Fossan.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Nov 14, 2023
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Simon Johnson; Anthony Rozic; Danielle Van Fossan
- Latest Form D
- Nov 29, 2023
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 GLC Newberry LLC
What is the minimum investment for GLC Newberry LLC?
According to its latest Form D, filed Nov 29, 2023, the minimum investment GLC Newberry LLC accepts from an outside investor is $1,000.
Who can invest in GLC Newberry LLC?
GLC Newberry LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has GLC Newberry LLC raised?
GLC Newberry LLC reports $125,000 sold from 125 investors on its Form D filed Nov 29, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is GLC Newberry LLC based?
GLC Newberry LLC is based in Irvine, California.
When did GLC Newberry LLC launch?
GLC Newberry LLC reports its first sale in Nov 2023.
Size compared with every real estate fund
Raised more than 31% of the 1,095 real estate funds based in California, and more than 8% of all 7,350 that report sales.