AltMountain

Mars Preston Outer Loop, LLC

Irving, TX · CIK 1935049
506(c)
Status: no Form D since Jun 2022. 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.

Mars Preston Outer Loop, LLC is a real estate fund based in Irving, Texas. According to its most recent Form D, filed Jun 30, 2022, it has sold $5,674,000 of interests to 51 investors since its first sale in Jun 2022. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Srihari Gandra; Jaspreeth Kaur.

Total raised
$5,674,000Cumulative sales reported on Form D
Investors
51
First sale
Jun 16, 2022
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Srihari Gandra; Jaspreeth Kaur
Latest Form D
Jun 30, 2022

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 Mars Preston Outer Loop, LLC

What is the minimum investment for Mars Preston Outer Loop, LLC?

According to its latest Form D, filed Jun 30, 2022, the minimum investment Mars Preston Outer Loop, LLC accepts from an outside investor is $25,000.

Who can invest in Mars Preston Outer Loop, LLC?

Mars Preston Outer Loop, 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 Mars Preston Outer Loop, LLC raised?

Mars Preston Outer Loop, LLC reports $5,674,000 sold from 51 investors on its Form D filed Jun 30, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Mars Preston Outer Loop, LLC based?

Mars Preston Outer Loop, LLC is based in Irving, Texas.

When did Mars Preston Outer Loop, LLC launch?

Mars Preston Outer Loop, LLC reports its first sale in Jun 2022.

Size compared with every real estate fund

Raised more than 78% of the 1,418 real estate funds based in Texas, and more than 68% of all 7,322 that report sales.

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