Pensam Lakes, LLC is a real estate fund based in Miami, Florida. According to its most recent Form D, filed Jan 25, 2016, it has sold $11,000,000 of interests to 32 investors since its first sale in Jan 2016. 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 Gavin Beekman; Michael Stein; Joe Ackerman.
- Total raised
- $11,000,000Cumulative sales reported on Form D
- Investors
- 32
- First sale
- Jan 14, 2016
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gavin Beekman; Michael Stein; Joe Ackerman
- Latest Form D
- Jan 25, 2016
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 Pensam Lakes, LLC
What is the minimum investment for Pensam Lakes, LLC?
According to its latest Form D, filed Jan 25, 2016, the minimum investment Pensam Lakes, LLC accepts from an outside investor is $50,000.
Who can invest in Pensam Lakes, LLC?
Pensam Lakes, 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 Pensam Lakes, LLC raised?
Pensam Lakes, LLC reports $11,000,000 sold from 32 investors on its Form D filed Jan 25, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Pensam Lakes, LLC based?
Pensam Lakes, LLC is based in Miami, Florida.
When did Pensam Lakes, LLC launch?
Pensam Lakes, LLC reports its first sale in Jan 2016.
Size compared with every real estate fund
Raised more than 85% of the 618 real estate funds based in Florida, and more than 80% of all 7,337 that report sales.