Grove Equity, LLC is a real estate fund based in Portland, Oregon. According to its most recent Form D, filed Nov 13, 2018, it has sold $5,230,000 of interests to 14 investors since its first sale in Nov 2018. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Terrence Bean; Scott Stehman.
- Total raised
- $5,230,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- Nov 7, 2018
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Terrence Bean; Scott Stehman
- Latest Form D
- Nov 13, 2018
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 Grove Equity, LLC
What is the minimum investment for Grove Equity, LLC?
According to its latest Form D, filed Nov 13, 2018, the minimum investment Grove Equity, LLC accepts from an outside investor is $100,000.
Who can invest in Grove Equity, LLC?
Grove Equity, 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 Grove Equity, LLC raised?
Grove Equity, LLC reports $5,230,000 sold from 14 investors on its Form D filed Nov 13, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Grove Equity, LLC based?
Grove Equity, LLC is based in Portland, Oregon.
When did Grove Equity, LLC launch?
Grove Equity, LLC reports its first sale in Nov 2018.
Size compared with every real estate fund
Raised more than 75% of the 112 real estate funds based in Oregon, and more than 66% of all 7,322 that report sales.