Last Mile Distribution DST
Last Mile Distribution DST is a real estate fund based in Oak Brook, Illinois. According to its most recent Form D, filed Feb 4, 2021, it has sold $64,319,739 of interests to 134 investors since its first sale in Nov 2020. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Last Mile Distribution Exchange, L.L.C; Inland Private Capital Corporation; Last Mile Distribution Depositor, L.L.C.
- Total raised
- $64,319,739Cumulative sales reported on Form D
- Investors
- 134
- First sale
- Nov 3, 2020
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Last Mile Distribution Exchange, L.L.C; Inland Private Capital Corporation; Last Mile Distribution Depositor, L.L.C
- Latest Form D
- Feb 4, 2021
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 Last Mile Distribution DST
What is the minimum investment for Last Mile Distribution DST?
According to its latest Form D, filed Feb 4, 2021, the minimum investment Last Mile Distribution DST accepts from an outside investor is $25,000.
Who can invest in Last Mile Distribution DST?
Last Mile 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 Last Mile Distribution DST raised?
Last Mile Distribution DST reports $64,319,739 sold from 134 investors on its Form D filed Feb 4, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Last Mile Distribution DST based?
Last Mile Distribution DST is based in Oak Brook, Illinois.
When did Last Mile Distribution DST launch?
Last Mile Distribution DST reports its first sale in Nov 2020.
Size compared with every real estate fund
Raised more than 93% of the 481 real estate funds based in Illinois, and more than 95% of all 7,350 that report sales.