Ocean's 170 LLC is a real estate fund based in Portland, Maine. According to its most recent Form D, filed Jan 27, 2022, it has sold $500,000 of interests to 5 investors since its first sale in Dec 2021. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include The Prentice Organization LLC.
- Total raised
- $500,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Dec 8, 2021
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- The Prentice Organization LLC
- 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 Ocean's 170 LLC
What is the minimum investment for Ocean's 170 LLC?
According to its latest Form D, filed Jan 27, 2022, the minimum investment Ocean's 170 LLC accepts from an outside investor is $50,000.
Who can invest in Ocean's 170 LLC?
Ocean's 170 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 Ocean's 170 LLC raised?
Ocean's 170 LLC reports $500,000 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 Ocean's 170 LLC based?
Ocean's 170 LLC is based in Portland, Maine.
When did Ocean's 170 LLC launch?
Ocean's 170 LLC reports its first sale in Dec 2021.
Size compared with every real estate fund
Raised more than 17% of the 12 real estate funds based in Maine, and more than 24% of all 7,316 that report sales.