OP Flats, LLC
OP Flats, LLC is a real estate fund based in Truckee, California. According to its most recent Form D, filed Oct 18, 2022, it has sold $40,171,453 of interests to 177 investors since its first sale in Sep 2022. The minimum investment it accepts from an outside investor is $100,000. 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 Mike Swilling; Peter Slaugh.
- Total raised
- $40,171,453Cumulative sales reported on Form D
- Investors
- 177
- First sale
- Sep 30, 2022
- Minimum investment
- $100,000
- 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
- Mike Swilling; Peter Slaugh
- Latest Form D
- Oct 18, 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 OP Flats, LLC
What is the minimum investment for OP Flats, LLC?
According to its latest Form D, filed Oct 18, 2022, the minimum investment OP Flats, LLC accepts from an outside investor is $100,000.
Who can invest in OP Flats, LLC?
OP Flats, 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 OP Flats, LLC raised?
OP Flats, LLC reports $40,171,453 sold from 177 investors on its Form D filed Oct 18, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is OP Flats, LLC based?
OP Flats, LLC is based in Truckee, California.
When did OP Flats, LLC launch?
OP Flats, LLC reports its first sale in Sep 2022.
Size compared with every real estate fund
Raised more than 93% of the 1,091 real estate funds based in California, and more than 93% of all 7,337 that report sales.