Northtown Phase 1 LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Jan 7, 2020, it has sold $6,670,000 of interests to 49 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $6,778. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Mikael Levey.
- Total raised
- $6,670,000Cumulative sales reported on Form D
- Investors
- 49
- First sale
- Dec 23, 2019
- Minimum investment
- $6,778
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Mikael Levey
- Latest Form D
- Jan 7, 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 Northtown Phase 1 LLC
What is the minimum investment for Northtown Phase 1 LLC?
According to its latest Form D, filed Jan 7, 2020, the minimum investment Northtown Phase 1 LLC accepts from an outside investor is $6,778.
Who can invest in Northtown Phase 1 LLC?
Northtown Phase 1 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 Phase 1 LLC raised?
Northtown Phase 1 LLC reports $6,670,000 sold from 49 investors on its Form D filed Jan 7, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Northtown Phase 1 LLC based?
Northtown Phase 1 LLC is based in New York, New York.
When did Northtown Phase 1 LLC launch?
Northtown Phase 1 LLC reports its first sale in Dec 2019.
Size compared with every real estate fund
Raised more than 80% of the 810 real estate funds based in New York, and more than 71% of all 7,321 that report sales.