Park Tower Owner LLC
Park Tower Owner LLC is a real estate fund based in Whippany, New Jersey. According to its most recent Form D, filed Dec 5, 2019, it has sold $62,500 of interests to 125 investors since its first sale in Nov 2019. The minimum investment it accepts from an outside investor is $500. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Leland Low; Kaya Murray; Michael Pace.
- Total raised
- $62,500Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Nov 22, 2019
- Minimum investment
- $500
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Leland Low; Kaya Murray; Michael Pace
- Latest Form D
- Dec 5, 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 Park Tower Owner LLC
What is the minimum investment for Park Tower Owner LLC?
According to its latest Form D, filed Dec 5, 2019, the minimum investment Park Tower Owner LLC accepts from an outside investor is $500.
Who can invest in Park Tower Owner LLC?
Park Tower Owner LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Park Tower Owner LLC raised?
Park Tower Owner LLC reports $62,500 sold from 125 investors on its Form D filed Dec 5, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Park Tower Owner LLC based?
Park Tower Owner LLC is based in Whippany, New Jersey.
When did Park Tower Owner LLC launch?
Park Tower Owner LLC reports its first sale in Nov 2019.
Size compared with every real estate fund
Raised more than 32% of the 118 real estate funds based in New Jersey, and more than 2% of all 7,321 that report sales.