iStar GL Plus REIT LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Oct 25, 2022, it has sold $116,000 of interests to 116 investors since its first sale in Oct 2022. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Elisha Blechner; Sander Ash.
- Total raised
- $116,000Cumulative sales reported on Form D
- Investors
- 116
- First sale
- Oct 12, 2022
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Elisha Blechner; Sander Ash
- Latest Form D
- Oct 25, 2022
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 iStar GL Plus REIT LLC
What is the minimum investment for iStar GL Plus REIT LLC?
According to its latest Form D, filed Oct 25, 2022, the minimum investment iStar GL Plus REIT LLC accepts from an outside investor is $1,000.
Who can invest in iStar GL Plus REIT LLC?
iStar GL Plus REIT LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has iStar GL Plus REIT LLC raised?
iStar GL Plus REIT LLC reports $116,000 sold from 116 investors on its Form D filed Oct 25, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is iStar GL Plus REIT LLC based?
iStar GL Plus REIT LLC is based in New York, New York.
When did iStar GL Plus REIT LLC launch?
iStar GL Plus REIT LLC reports its first sale in Oct 2022.
Size compared with every real estate fund
Raised more than 22% of the 813 real estate funds based in New York, and more than 6% of all 7,350 that report sales.