Parkside 15, LLC
Parkside 15, LLC is a real estate fund based in Birmingham, Alabama. According to its most recent Form D, filed Mar 16, 2015, it has sold $1,100,000 of interests to 9 investors since its first sale in Mar 2015. The minimum investment it accepts from an outside investor is $55,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Len Shannon III.
- Total raised
- $1,100,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Mar 11, 2015
- Minimum investment
- $55,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Len Shannon III
- Latest Form D
- Mar 16, 2015
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 Parkside 15, LLC
What is the minimum investment for Parkside 15, LLC?
According to its latest Form D, filed Mar 16, 2015, the minimum investment Parkside 15, LLC accepts from an outside investor is $55,000.
Who can invest in Parkside 15, LLC?
Parkside 15, 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 Parkside 15, LLC raised?
Parkside 15, LLC reports $1,100,000 sold from 9 investors on its Form D filed Mar 16, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Parkside 15, LLC based?
Parkside 15, LLC is based in Birmingham, Alabama.
When did Parkside 15, LLC launch?
Parkside 15, LLC reports its first sale in Mar 2015.
Size compared with every real estate fund
Raised more than 33% of the 91 real estate funds based in Alabama, and more than 34% of all 7,349 that report sales.