Michsphere, LLC is a real estate fund based in San Diego. According to its most recent Form D, filed Apr 13, 2015, it has sold $9,825,000 of interests to 11 investors since its first sale in Mar 2015. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Carlos Michan; David Michan.
- Total raised
- $9,825,000Cumulative sales reported on Form D
- Investors
- 11
- First sale
- Mar 24, 2015
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Carlos Michan; David Michan
- Latest Form D
- Apr 13, 2015
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 Michsphere, LLC
What is the minimum investment for Michsphere, LLC?
According to its latest Form D, filed Apr 13, 2015, the minimum investment Michsphere, LLC accepts from an outside investor is $25,000.
Who can invest in Michsphere, LLC?
Michsphere, 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 Michsphere, LLC raised?
Michsphere, LLC reports $9,825,000 sold from 11 investors on its Form D filed Apr 13, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Michsphere, LLC based?
Michsphere, LLC is based in San Diego.
When did Michsphere, LLC launch?
Michsphere, LLC reports its first sale in Mar 2015.