AltMountain

Nova Net Lease REIT

Offshore
Status: no Form D since Jan 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Nova Net Lease REIT is a real estate fund based in Toronto, Ontario, Canada. According to its most recent Form D, filed Jan 27, 2022, it has sold $590,000 of interests to 5 investors since its first sale in Jan 2022. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Andrew Oppenheim; Edward Lowenthal; Andrew Shapack.

Total raised
$590,000Cumulative sales reported on Form D
Investors
5
First sale
Jan 4, 2022
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Andrew Oppenheim; Edward Lowenthal; Andrew Shapack
Latest Form D
Jan 27, 2022

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 Nova Net Lease REIT

What is the minimum investment for Nova Net Lease REIT?

Nova Net Lease REIT's latest Form D, filed Jan 27, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Nova Net Lease REIT?

Nova Net Lease REIT 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 Nova Net Lease REIT raised?

Nova Net Lease REIT reports $590,000 sold from 5 investors on its Form D filed Jan 27, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Nova Net Lease REIT based?

Nova Net Lease REIT is based in Toronto, Ontario, Canada.

When did Nova Net Lease REIT launch?

Nova Net Lease REIT reports its first sale in Jan 2022.

Size compared with every real estate fund

Raised more than 40% of the 20 real estate funds based in Ontario, Canada, and more than 26% of all 7,321 that report sales.

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