AltMountain

Network Drive, LLC

Chicago, IL · CIK 1540080 · Sponsor: SMB Equity, LLC
Status: no Form D since Jan 2012. 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.

Network Drive, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Jan 20, 2012, it has sold $2,490,000 of interests to 43 investors since its first sale in Dec 2011. The minimum investment it accepts from an outside investor is $10,000. Related persons named in the filing include Sherwin Jarol; SMB Equity, LLC; Michael Siemer.

Total raised
$2,490,000Cumulative sales reported on Form D
Investors
43
First sale
Dec 21, 2011
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Other exemption
Key people and entities
Sherwin Jarol; SMB Equity, LLC; Michael Siemer
Latest Form D
Jan 20, 2012

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 Network Drive, LLC

What is the minimum investment for Network Drive, LLC?

According to its latest Form D, filed Jan 20, 2012, the minimum investment Network Drive, LLC accepts from an outside investor is $10,000.

Who can invest in Network Drive, LLC?

Network Drive, LLC is generally open only to investors who meet the eligibility rules in its offering documents.

How much has Network Drive, LLC raised?

Network Drive, LLC reports $2,490,000 sold from 43 investors on its Form D filed Jan 20, 2012. This is cumulative sales since the offering began, not current assets or performance.

Where is Network Drive, LLC based?

Network Drive, LLC is based in Chicago, Illinois.

When did Network Drive, LLC launch?

Network Drive, LLC reports its first sale in Dec 2011.

Size compared with every real estate fund

Raised more than 65% of the 482 real estate funds based in Illinois, and more than 50% of all 7,337 that report sales.

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