Loftium, Inc. is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed Mar 12, 2021, it has sold $10,500,000 of interests to 7 investors since its first sale in Feb 2021. 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 Ed Yip; Chirag Chotalia; Adam Stelle.
- Total raised
- $10,500,000Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Feb 25, 2021
- Minimum investment
- $200,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ed Yip; Chirag Chotalia; Adam Stelle
- Latest Form D
- Mar 12, 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 Loftium, Inc.
What is the minimum investment for Loftium, Inc.?
According to its latest Form D, filed Mar 12, 2021, the minimum investment Loftium, Inc. accepts from an outside investor is $200,000.
Who can invest in Loftium, Inc.?
Loftium, Inc. 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 Loftium, Inc. raised?
Loftium, Inc. reports $10,500,000 sold from 7 investors on its Form D filed Mar 12, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Loftium, Inc. based?
Loftium, Inc. is based in Seattle, Washington.
When did Loftium, Inc. launch?
Loftium, Inc. reports its first sale in Feb 2021.
Size compared with every real estate fund
Raised more than 89% of the 284 real estate funds based in Washington, and more than 79% of all 7,322 that report sales.