Newport BTR1, LLC is a real estate fund based in Cumming, Georgia. According to its most recent Form D, filed Apr 2, 2024, it has sold $9,550,000 of interests to 69 investors since its first sale in Apr 2024. 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 David Chang.
- Total raised
- $9,550,000Cumulative sales reported on Form D
- Investors
- 69
- First sale
- Apr 1, 2024
- 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
- David Chang
- Latest Form D
- Apr 2, 2024
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 Newport BTR1, LLC
What is the minimum investment for Newport BTR1, LLC?
According to its latest Form D, filed Apr 2, 2024, the minimum investment Newport BTR1, LLC accepts from an outside investor is $50,000.
Who can invest in Newport BTR1, LLC?
Newport BTR1, 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 Newport BTR1, LLC raised?
Newport BTR1, LLC reports $9,550,000 sold from 69 investors on its Form D filed Apr 2, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Newport BTR1, LLC based?
Newport BTR1, LLC is based in Cumming, Georgia.
When did Newport BTR1, LLC launch?
Newport BTR1, LLC reports its first sale in Apr 2024.
Size compared with every real estate fund
Raised more than 82% of the 493 real estate funds based in Georgia, and more than 78% of all 7,316 that report sales.