LP 1 REIT Inc. is a real estate fund based in New York, New York. According to its most recent Form D, filed Jan 21, 2020, it has sold $120,000 of interests to 120 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $1,000. 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 Steven Greenspan; John D'Agostino; Don Ebanks.
- Total raised
- $120,000Cumulative sales reported on Form D
- Investors
- 120
- First sale
- Jan 9, 2020
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Steven Greenspan; John D'Agostino; Don Ebanks
- Latest Form D
- Jan 21, 2020
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 LP 1 REIT Inc.
What is the minimum investment for LP 1 REIT Inc.?
According to its latest Form D, filed Jan 21, 2020, the minimum investment LP 1 REIT Inc. accepts from an outside investor is $1,000.
Who can invest in LP 1 REIT Inc.?
LP 1 REIT Inc. 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 LP 1 REIT Inc. raised?
LP 1 REIT Inc. reports $120,000 sold from 120 investors on its Form D filed Jan 21, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is LP 1 REIT Inc. based?
LP 1 REIT Inc. is based in New York, New York.
When did LP 1 REIT Inc. launch?
LP 1 REIT Inc. reports its first sale in Jan 2020.
Size compared with every real estate fund
Raised more than 23% of the 811 real estate funds based in New York, and more than 6% of all 7,351 that report sales.