AltMountain

Pic Storage 2, LLC

Irmo, SC · CIK 1961663 · Sponsor: PIC Storage
Status: no Form D since Jan 2023. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Pic Storage 2, LLC is a real estate fund based in Irmo, South Carolina. According to its most recent Form D, filed Jan 10, 2023, it has sold $9,828,750 of interests to 105 investors. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Danny Randazzo; Dan Hanford; Brandon Abbott.

Total raised
$9,828,750Cumulative sales reported on Form D
Investors
105
First sale
—
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Danny Randazzo; Dan Hanford; Brandon Abbott
Latest Form D
Jan 10, 2023

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 Pic Storage 2, LLC

What is the minimum investment for Pic Storage 2, LLC?

According to its latest Form D, filed Jan 10, 2023, the minimum investment Pic Storage 2, LLC accepts from an outside investor is $25,000.

Who can invest in Pic Storage 2, LLC?

Pic Storage 2, 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 Pic Storage 2, LLC raised?

Pic Storage 2, LLC reports $9,828,750 sold from 105 investors on its Form D filed Jan 10, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Pic Storage 2, LLC based?

Pic Storage 2, LLC is based in Irmo, South Carolina.

Size compared with every real estate fund

Raised more than 86% of the 120 real estate funds based in South Carolina, and more than 78% of all 7,322 that report sales.

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