AltMountain

Nesttun Development Group LLC

Seattle, WA · CIK 1751755
506(c)
Status: no Form D since Aug 2018. 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.

Nesttun Development Group LLC is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed Aug 31, 2018, it has sold $770,000 of interests to 9 investors since its first sale in Aug 2018. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Ryan Andrews; Chris Maskill; Brandon Kamin.

Total raised
$770,000Cumulative sales reported on Form D
Investors
9
First sale
Aug 15, 2018
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Ryan Andrews; Chris Maskill; Brandon Kamin
Latest Form D
Aug 31, 2018

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 Nesttun Development Group LLC

What is the minimum investment for Nesttun Development Group LLC?

According to its latest Form D, filed Aug 31, 2018, the minimum investment Nesttun Development Group LLC accepts from an outside investor is $50,000.

Who can invest in Nesttun Development Group LLC?

Nesttun Development Group 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 Nesttun Development Group LLC raised?

Nesttun Development Group LLC reports $770,000 sold from 9 investors on its Form D filed Aug 31, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Nesttun Development Group LLC based?

Nesttun Development Group LLC is based in Seattle, Washington.

When did Nesttun Development Group LLC launch?

Nesttun Development Group LLC reports its first sale in Aug 2018.

Size compared with every real estate fund

Raised more than 45% of the 284 real estate funds based in Washington, and more than 29% of all 7,350 that report sales.

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