N3 Hecm, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Oct 4, 2023, it has sold $3,215,000 of interests to 13 investors since its first sale in Sep 2023. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Neal Nath.
- Total raised
- $3,215,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Sep 22, 2023
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Neal Nath
- Latest Form D
- Oct 4, 2023
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 N3 Hecm, LLC
What is the minimum investment for N3 Hecm, LLC?
According to its latest Form D, filed Oct 4, 2023, the minimum investment N3 Hecm, LLC accepts from an outside investor is $100,000.
Who can invest in N3 Hecm, LLC?
N3 Hecm, 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 N3 Hecm, LLC raised?
N3 Hecm, LLC reports $3,215,000 sold from 13 investors on its Form D filed Oct 4, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is N3 Hecm, LLC based?
N3 Hecm, LLC is based in Chicago, Illinois.
When did N3 Hecm, LLC launch?
N3 Hecm, LLC reports its first sale in Sep 2023.
Size compared with every real estate fund
Raised more than 68% of the 481 real estate funds based in Illinois, and more than 56% of all 7,349 that report sales.