Novem LLC
Novem LLC is a real estate fund based in Schaumburg, Illinois. According to its most recent Form D, filed Sep 16, 2019, it has sold $800,000 of interests to 10 investors since its first sale in Aug 2019. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Gregorarz; Pontifex LLC.
- Total raised
- $800,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Aug 22, 2019
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Gregorarz; Pontifex LLC
- Latest Form D
- Sep 16, 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 Novem LLC
What is the minimum investment for Novem LLC?
According to its latest Form D, filed Sep 16, 2019, the minimum investment Novem LLC accepts from an outside investor is $10,000.
Who can invest in Novem LLC?
Novem 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 Novem LLC raised?
Novem LLC reports $800,000 sold from 10 investors on its Form D filed Sep 16, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Novem LLC based?
Novem LLC is based in Schaumburg, Illinois.
When did Novem LLC launch?
Novem LLC reports its first sale in Aug 2019.
Size compared with every real estate fund
Raised more than 55% of the 481 real estate funds based in Illinois, and more than 29% of all 7,350 that report sales.