KT North First, LLC
KT North First, LLC is a real estate fund based in El Segundo, California. According to its most recent Form D, filed Aug 8, 2018, it has sold $125,000 of interests to 125 investors since its first sale in Jul 2018. 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 Phil Choi; Eunmi Choi; Russ Allegrette.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jul 31, 2018
- 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
- Phil Choi; Eunmi Choi; Russ Allegrette
- Latest Form D
- Aug 8, 2018
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 KT North First, LLC
What is the minimum investment for KT North First, LLC?
According to its latest Form D, filed Aug 8, 2018, the minimum investment KT North First, LLC accepts from an outside investor is $1,000.
Who can invest in KT North First, LLC?
KT North First, 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 KT North First, LLC raised?
KT North First, LLC reports $125,000 sold from 125 investors on its Form D filed Aug 8, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is KT North First, LLC based?
KT North First, LLC is based in El Segundo, California.
When did KT North First, LLC launch?
KT North First, LLC reports its first sale in Jul 2018.
Size compared with every real estate fund
Raised more than 31% of the 1,095 real estate funds based in California, and more than 8% of all 7,349 that report sales.