LL 116 LLC is a real estate fund based in Brooklyn, New York. According to its most recent Form D, filed Jan 7, 2015, it has sold $1,650,000 of interests to 6 investors since its first sale in Aug 2014. The minimum investment it accepts from an outside investor is $200,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Leibel Lederman.
- Total raised
- $1,650,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Aug 11, 2014
- Minimum investment
- $200,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Leibel Lederman
- Latest Form D
- Jan 7, 2015
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 LL 116 LLC
What is the minimum investment for LL 116 LLC?
According to its latest Form D, filed Jan 7, 2015, the minimum investment LL 116 LLC accepts from an outside investor is $200,000.
Who can invest in LL 116 LLC?
LL 116 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 LL 116 LLC raised?
LL 116 LLC reports $1,650,000 sold from 6 investors on its Form D filed Jan 7, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is LL 116 LLC based?
LL 116 LLC is based in Brooklyn, New York.
When did LL 116 LLC launch?
LL 116 LLC reports its first sale in Aug 2014.
Size compared with every real estate fund
Raised more than 64% of the 812 real estate funds based in New York, and more than 42% of all 7,337 that report sales.