Illinois Stone, LLC
Illinois Stone, LLC is a real estate fund based in St. Simons Island, Georgia. According to its most recent Form D, filed Jan 18, 2019, it has sold $3,242,569 of interests to 26 investors since its first sale in Dec 2018. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Carlton Walstad.
- Total raised
- $3,242,569Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Dec 17, 2018
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Carlton Walstad
- Latest Form D
- Jan 18, 2019
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 Illinois Stone, LLC
What is the minimum investment for Illinois Stone, LLC?
According to its latest Form D, filed Jan 18, 2019, the minimum investment Illinois Stone, LLC accepts from an outside investor is $25,000.
Who can invest in Illinois Stone, LLC?
Illinois Stone, 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 Illinois Stone, LLC raised?
Illinois Stone, LLC reports $3,242,569 sold from 26 investors on its Form D filed Jan 18, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Illinois Stone, LLC based?
Illinois Stone, LLC is based in St. Simons Island, Georgia.
When did Illinois Stone, LLC launch?
Illinois Stone, LLC reports its first sale in Dec 2018.
Size compared with every real estate fund
Raised more than 73% of the 494 real estate funds based in Georgia, and more than 56% of all 7,349 that report sales.