IL Lending LLC
IL Lending LLC is a real estate fund based in North Brunswick, New Jersey. According to its most recent Form D, filed Mar 27, 2018, it has sold $4,529,487 of interests to 105 investors since its first sale in Nov 2017. The minimum investment it accepts from an outside investor is $5,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kenneth Tse.
- Total raised
- $4,529,487Cumulative sales reported on Form D
- Investors
- 105
- First sale
- Nov 28, 2017
- Minimum investment
- $5,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kenneth Tse
- Latest Form D
- Mar 27, 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 IL Lending LLC
What is the minimum investment for IL Lending LLC?
According to its latest Form D, filed Mar 27, 2018, the minimum investment IL Lending LLC accepts from an outside investor is $5,000.
Who can invest in IL Lending LLC?
IL Lending 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 IL Lending LLC raised?
IL Lending LLC reports $4,529,487 sold from 105 investors on its Form D filed Mar 27, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is IL Lending LLC based?
IL Lending LLC is based in North Brunswick, New Jersey.
When did IL Lending LLC launch?
IL Lending LLC reports its first sale in Nov 2017.
Size compared with every real estate fund
Raised more than 71% of the 120 real estate funds based in New Jersey, and more than 64% of all 7,349 that report sales.