Lemay Lake Equity LLC is a real estate fund based in Milwaukee, Wisconsin. According to its most recent Form D, filed Dec 17, 2014, it has sold $11,000,000 of interests to 60 investors since its first sale in Nov 2014. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Barry Mandel; Manager Mandel/Lemay Lake Equity LLC.
- Total raised
- $11,000,000Cumulative sales reported on Form D
- Investors
- 60
- First sale
- Nov 13, 2014
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Barry Mandel; Manager Mandel/Lemay Lake Equity LLC
- Latest Form D
- Dec 17, 2014
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 Lemay Lake Equity LLC
What is the minimum investment for Lemay Lake Equity LLC?
According to its latest Form D, filed Dec 17, 2014, the minimum investment Lemay Lake Equity LLC accepts from an outside investor is $100,000.
Who can invest in Lemay Lake Equity LLC?
Lemay Lake Equity 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 Lemay Lake Equity LLC raised?
Lemay Lake Equity LLC reports $11,000,000 sold from 60 investors on its Form D filed Dec 17, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Lemay Lake Equity LLC based?
Lemay Lake Equity LLC is based in Milwaukee, Wisconsin.
When did Lemay Lake Equity LLC launch?
Lemay Lake Equity LLC reports its first sale in Nov 2014.
Size compared with every real estate fund
Raised more than 89% of the 128 real estate funds based in Wisconsin, and more than 80% of all 7,348 that report sales.