AltMountain

Madison Residences, LLC

Chicago, IL · CIK 1844220 · Sponsor: SMB Equity, LLC
Status: no Form D since Feb 2021. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Madison Residences, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Feb 10, 2021, it has sold $5,250,000 of interests to 97 investors since its first sale in Jan 2021. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include SMB Manager, LLC; SNJL, LLC; MHSR, LLC.

Total raised
$5,250,000Cumulative sales reported on Form D
Investors
97
First sale
Jan 19, 2021
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
SMB Manager, LLC; SNJL, LLC; MHSR, LLC
Latest Form D
Feb 10, 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 Madison Residences, LLC

What is the minimum investment for Madison Residences, LLC?

Madison Residences, LLC's latest Form D, filed Feb 10, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Madison Residences, LLC?

Madison Residences, 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 Madison Residences, LLC raised?

Madison Residences, LLC reports $5,250,000 sold from 97 investors on its Form D filed Feb 10, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Madison Residences, LLC based?

Madison Residences, LLC is based in Chicago, Illinois.

When did Madison Residences, LLC launch?

Madison Residences, LLC reports its first sale in Jan 2021.

Size compared with every real estate fund

Raised more than 73% of the 479 real estate funds based in Illinois, and more than 67% of all 7,321 that report sales.

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