AltMountain

Mi - Scotts 1, LLC

Santa Monica, CA · CIK 1865371
Status: no Form D since Jun 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.

Mi - Scotts 1, LLC is a real estate fund based in Santa Monica, California. According to its most recent Form D, filed Jun 2, 2021, it has sold $4,100,000 of interests to 23 investors since its first sale in Apr 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 Paul Fuhrman; Jae Yi; Lew Friedland.

Total raised
$4,100,000Cumulative sales reported on Form D
Investors
23
First sale
Apr 13, 2021
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Paul Fuhrman; Jae Yi; Lew Friedland
Latest Form D
Jun 2, 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 Mi - Scotts 1, LLC

What is the minimum investment for Mi - Scotts 1, LLC?

According to its latest Form D, filed Jun 2, 2021, the minimum investment Mi - Scotts 1, LLC accepts from an outside investor is $50,000.

Who can invest in Mi - Scotts 1, LLC?

Mi - Scotts 1, 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 Mi - Scotts 1, LLC raised?

Mi - Scotts 1, LLC reports $4,100,000 sold from 23 investors on its Form D filed Jun 2, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Mi - Scotts 1, LLC based?

Mi - Scotts 1, LLC is based in Santa Monica, California.

When did Mi - Scotts 1, LLC launch?

Mi - Scotts 1, LLC reports its first sale in Apr 2021.

Size compared with every real estate fund

Raised more than 69% of the 1,092 real estate funds based in California, and more than 61% of all 7,351 that report sales.

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