Local Fund I LLC is a real estate fund based in Las Vegas, Nevada. Its most recent Form D, filed Aug 2, 2024, reports no sales yet. The minimum investment it accepts from an outside investor is $250,000. 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 Brendan Keating.
- Total raised
- $0Cumulative sales reported on Form D
- Investors
- 0
- First sale
- —
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Brendan Keating
- Latest Form D
- Aug 2, 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 Local Fund I LLC
What is the minimum investment for Local Fund I LLC?
According to its latest Form D, filed Aug 2, 2024, the minimum investment Local Fund I LLC accepts from an outside investor is $250,000.
Who can invest in Local Fund I LLC?
Local Fund I 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 Local Fund I LLC raised?
Local Fund I LLC's latest Form D, filed Aug 2, 2024, reports no sales yet.
Where is Local Fund I LLC based?
Local Fund I LLC is based in Las Vegas, Nevada.
Size compared with every real estate fund
This fund hasn't reported any sales yet.