Jubilee Development Co LLC is a real estate fund based in Johns Island, South Carolina. According to its most recent Form D, filed Oct 28, 2024, it has sold $4,225,000 of interests to 15 investors since its first sale in Oct 2024. The minimum investment it accepts from an outside investor is $100,000. 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 Adam Baslow.
- Total raised
- $4,225,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Oct 15, 2024
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Adam Baslow
- Latest Form D
- Oct 28, 2024
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 Jubilee Development Co LLC
What is the minimum investment for Jubilee Development Co LLC?
According to its latest Form D, filed Oct 28, 2024, the minimum investment Jubilee Development Co LLC accepts from an outside investor is $100,000.
Who can invest in Jubilee Development Co LLC?
Jubilee Development Co 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 Jubilee Development Co LLC raised?
Jubilee Development Co LLC reports $4,225,000 sold from 15 investors on its Form D filed Oct 28, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Jubilee Development Co LLC based?
Jubilee Development Co LLC is based in Johns Island, South Carolina.
When did Jubilee Development Co LLC launch?
Jubilee Development Co LLC reports its first sale in Oct 2024, 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 69% of the 129 real estate funds based in South Carolina, and more than 62% of all 7,591 that report sales.