Newport3 Riverside, LLC is a real estate fund based in Cumming, Georgia. According to its most recent Form D, filed Mar 19, 2020, it has sold $6,056,000 of interests to 40 investors since its first sale in Mar 2020. The minimum investment it accepts from an outside investor is $101,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Shaoshan Wang; David Chang.
- Total raised
- $6,056,000Cumulative sales reported on Form D
- Investors
- 40
- First sale
- Mar 9, 2020
- Minimum investment
- $101,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Shaoshan Wang; David Chang
- Latest Form D
- Mar 19, 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 Newport3 Riverside, LLC
What is the minimum investment for Newport3 Riverside, LLC?
According to its latest Form D, filed Mar 19, 2020, the minimum investment Newport3 Riverside, LLC accepts from an outside investor is $101,000.
Who can invest in Newport3 Riverside, LLC?
Newport3 Riverside, 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 Newport3 Riverside, LLC raised?
Newport3 Riverside, LLC reports $6,056,000 sold from 40 investors on its Form D filed Mar 19, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Newport3 Riverside, LLC based?
Newport3 Riverside, LLC is based in Cumming, Georgia.
When did Newport3 Riverside, LLC launch?
Newport3 Riverside, LLC reports its first sale in Mar 2020.
Size compared with every real estate fund
Raised more than 78% of the 494 real estate funds based in Georgia, and more than 69% of all 7,351 that report sales.