Milarel LP is a real estate fund based in New York, New York. According to its most recent Form D, filed Dec 9, 2025, it has sold $4,525,000 of interests to 8 investors since its first sale in Sep 2025. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. 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 Gabriel Bousbib; Richard Leibovitch.
- Total raised
- $4,525,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Sep 17, 2025
- Minimum investment
- $250,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gabriel Bousbib; Richard Leibovitch
- Latest Form D
- Dec 9, 2025
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 Milarel LP
What is the minimum investment for Milarel LP?
According to its latest Form D, filed Dec 9, 2025, the minimum investment Milarel LP accepts from an outside investor is $250,000.
Who can invest in Milarel LP?
Milarel LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Milarel LP raised?
Milarel LP reports $4,525,000 sold from 8 investors on its Form D filed Dec 9, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Milarel LP based?
Milarel LP is based in New York, New York.
When did Milarel LP launch?
Milarel LP reports its first sale in Sep 2025, 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 76% of the 812 real estate funds based in New York, and more than 64% of all 7,349 that report sales.