NFRO REIT Sub, LLC is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Jan 29, 2019, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2019. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Brian Mitts; Clifford Stoops; Frank Waterhouse.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 22, 2019
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Brian Mitts; Clifford Stoops; Frank Waterhouse
- Latest Form D
- Jan 29, 2019
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 NFRO REIT Sub, LLC
What is the minimum investment for NFRO REIT Sub, LLC?
According to its latest Form D, filed Jan 29, 2019, the minimum investment NFRO REIT Sub, LLC accepts from an outside investor is $1,000.
Who can invest in NFRO REIT Sub, LLC?
NFRO REIT Sub, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has NFRO REIT Sub, LLC raised?
NFRO REIT Sub, LLC reports $125,000 sold from 125 investors on its Form D filed Jan 29, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is NFRO REIT Sub, LLC based?
NFRO REIT Sub, LLC is based in Dallas, Texas.
When did NFRO REIT Sub, LLC launch?
NFRO REIT Sub, LLC reports its first sale in Jan 2019.
Size compared with every real estate fund
Raised more than 32% of the 1,419 real estate funds based in Texas, and more than 8% of all 7,350 that report sales.