Obs REIT, LLC
Obs REIT, LLC is a real estate fund based in Morristown, New Jersey. According to its most recent Form D, filed Oct 16, 2014, it has sold $62,500 of interests to 125 investors since its first sale in Sep 2014. The minimum investment it accepts from an outside investor is $500. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Donald Svoboda; Karen Horstmann; David Politano.
- Total raised
- $62,500Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Sep 30, 2014
- Minimum investment
- $500
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Donald Svoboda; Karen Horstmann; David Politano
- Latest Form D
- Oct 16, 2014
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 Obs REIT, LLC
What is the minimum investment for Obs REIT, LLC?
According to its latest Form D, filed Oct 16, 2014, the minimum investment Obs REIT, LLC accepts from an outside investor is $500.
Who can invest in Obs REIT, LLC?
Obs REIT, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Obs REIT, LLC raised?
Obs REIT, LLC reports $62,500 sold from 125 investors on its Form D filed Oct 16, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Obs REIT, LLC based?
Obs REIT, LLC is based in Morristown, New Jersey.
When did Obs REIT, LLC launch?
Obs REIT, LLC reports its first sale in Sep 2014.
Size compared with every real estate fund
Raised more than 32% of the 119 real estate funds based in New Jersey, and more than 2% of all 7,322 that report sales.