AltMountain

Mount Prospect Square, LLC

Los Angeles, CA · CIK 1822460
Status: no Form D since Sep 2020. 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.

Mount Prospect Square, LLC is a real estate fund based in Los Angeles, California. According to its most recent Form D, filed Sep 4, 2020, it has sold $2,075,000 of interests to 35 investors since its first sale in Aug 2020. 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 Craig Farkas.

Total raised
$2,075,000Cumulative sales reported on Form D
Investors
35
First sale
Aug 14, 2020
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Craig Farkas
Latest Form D
Sep 4, 2020

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 Mount Prospect Square, LLC

What is the minimum investment for Mount Prospect Square, LLC?

According to its latest Form D, filed Sep 4, 2020, the minimum investment Mount Prospect Square, LLC accepts from an outside investor is $25,000.

Who can invest in Mount Prospect Square, LLC?

Mount Prospect Square, 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 Mount Prospect Square, LLC raised?

Mount Prospect Square, LLC reports $2,075,000 sold from 35 investors on its Form D filed Sep 4, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Mount Prospect Square, LLC based?

Mount Prospect Square, LLC is based in Los Angeles, California.

When did Mount Prospect Square, LLC launch?

Mount Prospect Square, LLC reports its first sale in Aug 2020.

Size compared with every real estate fund

Raised more than 59% of the 1,091 real estate funds based in California, and more than 47% of all 7,337 that report sales.

More real estate funds in Los Angeles

Similar-size real estate funds in California

All real estate funds in California