Northtown Fund, LLC is a real estate fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Mar 17, 2026, it has sold $1,784,700 of interests to 31 investors since its first sale in Mar 2023. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Josi Heron; Ryan McKilligan; Greg Namrow.
- Total raised
- $1,784,700Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Mar 23, 2023
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Josi Heron; Ryan McKilligan; Greg Namrow
- Latest Form D
- Mar 17, 2026
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 Northtown Fund, LLC
What is the minimum investment for Northtown Fund, LLC?
According to its latest Form D, filed Mar 17, 2026, the minimum investment Northtown Fund, LLC accepts from an outside investor is $50,000.
Who can invest in Northtown Fund, LLC?
Northtown Fund, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has Northtown Fund, LLC raised?
Northtown Fund, LLC reports $1,784,700 sold from 31 investors on its Form D filed Mar 17, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Northtown Fund, LLC based?
Northtown Fund, LLC is based in Minneapolis, Minnesota.
When did Northtown Fund, LLC launch?
Northtown Fund, LLC reports its first sale in Mar 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 55% of the 196 real estate funds based in Minnesota, and more than 43% of all 7,348 that report sales.