Mestates LLC is a real estate fund based in La Center, Washington. According to its most recent Form D, filed Feb 3, 2026, it has sold $470,000 of interests to 6 investors since its first sale in Jan 2026. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Michael Roeder; Dan Brisse.
- Total raised
- $470,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Jan 21, 2026
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Roeder; Dan Brisse
- Latest Form D
- Feb 3, 2026
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 Mestates LLC
What is the minimum investment for Mestates LLC?
According to its latest Form D, filed Feb 3, 2026, the minimum investment Mestates LLC accepts from an outside investor is $50,000.
Who can invest in Mestates LLC?
Mestates 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 Mestates LLC raised?
Mestates LLC reports $470,000 sold from 6 investors on its Form D filed Feb 3, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Mestates LLC based?
Mestates LLC is based in La Center, Washington.
When did Mestates LLC launch?
Mestates LLC reports its first sale in Jan 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 40% of the 284 real estate funds based in Washington, and more than 23% of all 7,337 that report sales.