Marion Townhomes, LLC is a real estate fund based in Sioux Falls, South Dakota. According to its most recent Form D, filed Dec 20, 2021, it has sold $200,000 of interests to 1 investor since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Luke Fortney.
- Total raised
- $200,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Dec 13, 2021
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Luke Fortney
- Latest Form D
- Dec 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 Marion Townhomes, LLC
What is the minimum investment for Marion Townhomes, LLC?
According to its latest Form D, filed Dec 20, 2021, the minimum investment Marion Townhomes, LLC accepts from an outside investor is $100,000.
Who can invest in Marion Townhomes, LLC?
Marion Townhomes, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Marion Townhomes, LLC raised?
Marion Townhomes, LLC reports $200,000 sold from 1 investor on its Form D filed Dec 20, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Marion Townhomes, LLC based?
Marion Townhomes, LLC is based in Sioux Falls, South Dakota.
When did Marion Townhomes, LLC launch?
Marion Townhomes, LLC reports its first sale in Dec 2021.
Size compared with every real estate fund
Raised more than 38% of the 34 real estate funds based in South Dakota, and more than 17% of all 7,351 that report sales.