Morada Crystal LLC is a real estate fund based in Wayzata, Minnesota. According to its most recent Form D, filed Mar 13, 2024, it has sold $2,750,000 of interests to 31 investors since its first sale in Mar 2024. The minimum investment it accepts from an outside investor is $15,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Ben Michel; Scott Kirchner.
- Total raised
- $2,750,000Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Mar 8, 2024
- Minimum investment
- $15,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Ben Michel; Scott Kirchner
- Latest Form D
- Mar 13, 2024
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 Morada Crystal LLC
What is the minimum investment for Morada Crystal LLC?
According to its latest Form D, filed Mar 13, 2024, the minimum investment Morada Crystal LLC accepts from an outside investor is $15,000.
Who can invest in Morada Crystal LLC?
Morada Crystal LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Morada Crystal LLC raised?
Morada Crystal LLC reports $2,750,000 sold from 31 investors on its Form D filed Mar 13, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Morada Crystal LLC based?
Morada Crystal LLC is based in Wayzata, Minnesota.
When did Morada Crystal LLC launch?
Morada Crystal LLC reports its first sale in Mar 2024.
Size compared with every real estate fund
Raised more than 65% of the 196 real estate funds based in Minnesota, and more than 52% of all 7,337 that report sales.