JLC Mars REIT LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Feb 2, 2023, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2023. 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 Marlon Smith; Robert Keough.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 26, 2023
- 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
- Marlon Smith; Robert Keough
- Latest Form D
- Feb 2, 2023
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 JLC Mars REIT LLC
What is the minimum investment for JLC Mars REIT LLC?
According to its latest Form D, filed Feb 2, 2023, the minimum investment JLC Mars REIT LLC accepts from an outside investor is $1,000.
Who can invest in JLC Mars REIT LLC?
JLC Mars 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 JLC Mars REIT LLC raised?
JLC Mars REIT LLC reports $125,000 sold from 125 investors on its Form D filed Feb 2, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is JLC Mars REIT LLC based?
JLC Mars REIT LLC is based in Chicago, Illinois.
When did JLC Mars REIT LLC launch?
JLC Mars REIT LLC reports its first sale in Jan 2023.
Size compared with every real estate fund
Raised more than 43% of the 479 real estate funds based in Illinois, and more than 8% of all 7,321 that report sales.