Indy Commerce, LP is a real estate fund based in Fort Lauderdale, Florida. According to its most recent Form D, filed May 14, 2026, it has sold $4,650,000 of interests to 20 investors since its first sale in Apr 2026. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include LLC Indy Commerce GP; Michael O'Neill.
- Total raised
- $4,650,000Cumulative sales reported on Form D
- Investors
- 20
- First sale
- Apr 20, 2026
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- LLC Indy Commerce GP; Michael O'Neill
- Latest Form D
- May 14, 2026
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 Indy Commerce, LP
What is the minimum investment for Indy Commerce, LP?
According to its latest Form D, filed May 14, 2026, the minimum investment Indy Commerce, LP accepts from an outside investor is $50,000.
Who can invest in Indy Commerce, LP?
Indy Commerce, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Indy Commerce, LP raised?
Indy Commerce, LP reports $4,650,000 sold from 20 investors on its Form D filed May 14, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Indy Commerce, LP based?
Indy Commerce, LP is based in Fort Lauderdale, Florida.
When did Indy Commerce, LP launch?
Indy Commerce, LP reports its first sale in Apr 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 68% of the 619 real estate funds based in Florida, and more than 64% of all 7,337 that report sales.