Passive Progress Fund LLC
Passive Progress Fund LLC is a real estate fund based in Hickory Creek, Texas. According to its most recent Form D, filed Jul 19, 2024, it has sold $110,000 of interests since its first sale in Dec 2023. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jeremy Males.
- Total raised
- $110,000Cumulative sales reported on Form D
- Investors
- 0
- First sale
- Dec 12, 2023
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jeremy Males
- Latest Form D
- Jul 19, 2024
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 Passive Progress Fund LLC
What is the minimum investment for Passive Progress Fund LLC?
According to its latest Form D, filed Jul 19, 2024, the minimum investment Passive Progress Fund LLC accepts from an outside investor is $10,000.
Who can invest in Passive Progress Fund LLC?
Passive Progress Fund 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 Passive Progress Fund LLC raised?
Passive Progress Fund LLC reports $110,000 sold on its Form D filed Jul 19, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Passive Progress Fund LLC based?
Passive Progress Fund LLC is based in Hickory Creek, Texas.
When did Passive Progress Fund LLC launch?
Passive Progress Fund LLC reports its first sale in Dec 2023.
Size compared with every real estate fund
Raised more than 31% of the 1,418 real estate funds based in Texas, and more than 6% of all 7,322 that report sales.