iCross 5 LLC is a real estate fund based in Long Island City, New York. According to its most recent Form D, filed Mar 18, 2021, it has sold $8,500,000 of interests to 62 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $20,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Lily Guo.
- Total raised
- $8,500,000Cumulative sales reported on Form D
- Investors
- 62
- First sale
- Jan 1, 2020
- Minimum investment
- $20,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Lily Guo
- Latest Form D
- Mar 18, 2021
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 iCross 5 LLC
What is the minimum investment for iCross 5 LLC?
According to its latest Form D, filed Mar 18, 2021, the minimum investment iCross 5 LLC accepts from an outside investor is $20,000.
Who can invest in iCross 5 LLC?
iCross 5 LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has iCross 5 LLC raised?
iCross 5 LLC reports $8,500,000 sold from 62 investors on its Form D filed Mar 18, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is iCross 5 LLC based?
iCross 5 LLC is based in Long Island City, New York.
When did iCross 5 LLC launch?
iCross 5 LLC reports its first sale in Jan 2020.
Size compared with every real estate fund
Raised more than 82% of the 813 real estate funds based in New York, and more than 76% of all 7,350 that report sales.