Montclair MOB LLC
Montclair MOB LLC is a real estate fund based in Morristown, New Jersey. According to its most recent Form D, filed Oct 10, 2017, it has sold $3,210,000 of interests to 15 investors since its first sale in Sep 2017. The minimum investment it accepts from an outside investor is $100,000. 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. Related persons named in the filing include Hampshire Destination Properties, LLC; CIMCO Fourteen, LLC; HDP Montclair MM LLC.
- Total raised
- $3,210,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Sep 27, 2017
- Minimum investment
- $100,000
- 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
- Hampshire Destination Properties, LLC; CIMCO Fourteen, LLC; HDP Montclair MM LLC
- Latest Form D
- Oct 10, 2017
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 Montclair MOB LLC
What is the minimum investment for Montclair MOB LLC?
According to its latest Form D, filed Oct 10, 2017, the minimum investment Montclair MOB LLC accepts from an outside investor is $100,000.
Who can invest in Montclair MOB LLC?
Montclair MOB LLC 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 Montclair MOB LLC raised?
Montclair MOB LLC reports $3,210,000 sold from 15 investors on its Form D filed Oct 10, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Montclair MOB LLC based?
Montclair MOB LLC is based in Morristown, New Jersey.
When did Montclair MOB LLC launch?
Montclair MOB LLC reports its first sale in Sep 2017.
Size compared with every real estate fund
Raised more than 66% of the 119 real estate funds based in New Jersey, and more than 56% of all 7,337 that report sales.