Phinney Ridge 503 LLC is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed May 4, 2026, it has sold $1,843,000 of interests to 4 investors since its first sale in Apr 2026. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Jerri Harden; Aegir Olsen; Grant Anderson.
- Total raised
- $1,843,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Apr 23, 2026
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jerri Harden; Aegir Olsen; Grant Anderson
- Latest Form D
- May 4, 2026
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 Phinney Ridge 503 LLC
What is the minimum investment for Phinney Ridge 503 LLC?
According to its latest Form D, filed May 4, 2026, the minimum investment Phinney Ridge 503 LLC accepts from an outside investor is $50,000.
Who can invest in Phinney Ridge 503 LLC?
Phinney Ridge 503 LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Phinney Ridge 503 LLC raised?
Phinney Ridge 503 LLC reports $1,843,000 sold from 4 investors on its Form D filed May 4, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Phinney Ridge 503 LLC based?
Phinney Ridge 503 LLC is based in Seattle, Washington.
When did Phinney Ridge 503 LLC launch?
Phinney Ridge 503 LLC reports its first sale in Apr 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 59% of the 282 real estate funds based in Washington, and more than 44% of all 7,321 that report sales.