Lsc-Sch Multi1, Dst is a real estate fund based in Radnor, Pennsylvania. According to its most recent Form D, filed Apr 10, 2019, it has sold $12,790,809 of interests to 43 investors since its first sale in Sep 2018. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Livingston Street Multi1 Services, LLC; LSC DEPOSITOR SCH Multi1, LLC; Joseph Fox.
- Total raised
- $12,790,809Cumulative sales reported on Form D
- Investors
- 43
- First sale
- Sep 19, 2018
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Livingston Street Multi1 Services, LLC; LSC DEPOSITOR SCH Multi1, LLC; Joseph Fox
- Latest Form D
- Apr 10, 2019
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 Lsc-Sch Multi1, Dst
What is the minimum investment for Lsc-Sch Multi1, Dst?
According to its latest Form D, filed Apr 10, 2019, the minimum investment Lsc-Sch Multi1, Dst accepts from an outside investor is $50,000.
Who can invest in Lsc-Sch Multi1, Dst?
Lsc-Sch Multi1, Dst is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Lsc-Sch Multi1, Dst raised?
Lsc-Sch Multi1, Dst reports $12,790,809 sold from 43 investors on its Form D filed Apr 10, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Lsc-Sch Multi1, Dst based?
Lsc-Sch Multi1, Dst is based in Radnor, Pennsylvania.
When did Lsc-Sch Multi1, Dst launch?
Lsc-Sch Multi1, Dst reports its first sale in Sep 2018.
Size compared with every real estate fund
Raised more than 86% of the 191 real estate funds based in Pennsylvania, and more than 82% of all 7,349 that report sales.