JLLX Friendship Distribution, DST is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Jul 6, 2023, it has sold $56,624,438 of interests to 42 investors since its first sale in Apr 2022. The minimum investment it accepts from an outside investor is $75,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include JLL Exchange TRS, LLC JLL Exchange TRS,LLC; Gregory Falk; LIPT Distribution Parkway, LLC LIPT Distribution Parkway, LLC.
- Total raised
- $56,624,438Cumulative sales reported on Form D
- Investors
- 42
- First sale
- Apr 11, 2022
- Minimum investment
- $75,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- JLL Exchange TRS, LLC JLL Exchange TRS,LLC; Gregory Falk; LIPT Distribution Parkway, LLC LIPT Distribution Parkway, LLC
- Latest Form D
- Jul 6, 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 JLLX Friendship Distribution, DST
What is the minimum investment for JLLX Friendship Distribution, DST?
According to its latest Form D, filed Jul 6, 2023, the minimum investment JLLX Friendship Distribution, DST accepts from an outside investor is $75,000.
Who can invest in JLLX Friendship Distribution, DST?
JLLX Friendship Distribution, DST 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 JLLX Friendship Distribution, DST raised?
JLLX Friendship Distribution, DST reports $56,624,438 sold from 42 investors on its Form D filed Jul 6, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is JLLX Friendship Distribution, DST based?
JLLX Friendship Distribution, DST is based in Chicago, Illinois.
When did JLLX Friendship Distribution, DST launch?
JLLX Friendship Distribution, DST reports its first sale in Apr 2022.
Size compared with every real estate fund
Raised more than 92% of the 481 real estate funds based in Illinois, and more than 95% of all 7,351 that report sales.