AltMountain

Mainland Acklen, LLC

Nashville, TN · CIK 1889216
Status: no Form D since Oct 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.

Mainland Acklen, LLC is a real estate fund based in Nashville, Tennessee. According to its most recent Form D, filed Oct 20, 2021, it has sold $2,850,000 of interests to 14 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kenneth Larish; Donald Caire; James Lennon.

Total raised
$2,850,000Cumulative sales reported on Form D
Investors
14
First sale
Oct 6, 2021
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Kenneth Larish; Donald Caire; James Lennon
Latest Form D
Oct 20, 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 Mainland Acklen, LLC

What is the minimum investment for Mainland Acklen, LLC?

According to its latest Form D, filed Oct 20, 2021, the minimum investment Mainland Acklen, LLC accepts from an outside investor is $50,000.

Who can invest in Mainland Acklen, LLC?

Mainland Acklen, 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 Mainland Acklen, LLC raised?

Mainland Acklen, LLC reports $2,850,000 sold from 14 investors on its Form D filed Oct 20, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Mainland Acklen, LLC based?

Mainland Acklen, LLC is based in Nashville, Tennessee.

When did Mainland Acklen, LLC launch?

Mainland Acklen, LLC reports its first sale in Oct 2021.

Size compared with every real estate fund

Raised more than 64% of the 118 real estate funds based in Tennessee, and more than 53% of all 7,349 that report sales.

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