AltMountain

NC 16-198, LLC

Greensboro, NC · CIK 1825039
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.

NC 16-198, LLC is a real estate fund based in Greensboro, North Carolina. According to its most recent Form D, filed Sep 24, 2020, it has sold $1,010 of interests to 6 investors since its first sale in Sep 2020. The minimum investment it accepts from an outside investor is $10. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Harold Kern; Zachary Tran.

Total raised
$1,010Cumulative sales reported on Form D
Investors
6
First sale
Sep 17, 2020
Minimum investment
$10
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Harold Kern; Zachary Tran
Latest Form D
Sep 24, 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 NC 16-198, LLC

What is the minimum investment for NC 16-198, LLC?

According to its latest Form D, filed Sep 24, 2020, the minimum investment NC 16-198, LLC accepts from an outside investor is $10.

Who can invest in NC 16-198, LLC?

NC 16-198, 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 NC 16-198, LLC raised?

NC 16-198, LLC reports $1,010 sold from 6 investors on its Form D filed Sep 24, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is NC 16-198, LLC based?

NC 16-198, LLC is based in Greensboro, North Carolina.

When did NC 16-198, LLC launch?

NC 16-198, LLC reports its first sale in Sep 2020.

Size compared with every real estate fund

Raised more than 28% of the 294 real estate funds based in North Carolina, and more than 0% of all 7,350 that report sales.

More real estate funds in Greensboro

Similar-size real estate funds in North Carolina

All real estate funds in North Carolina