AltMountain

Pines at Rapid LLC

Long Lake, MN · CIK 1643885
Status: no Form D since Jun 2015. 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.

Pines at Rapid LLC is a real estate fund based in Long Lake, Minnesota. According to its most recent Form D, filed Jun 2, 2015, it has sold $650,000 of interests to 3 investors since its first sale in May 2015. 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 Brian Roers; Kent Roers.

Total raised
$650,000Cumulative sales reported on Form D
Investors
3
First sale
May 22, 2015
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Brian Roers; Kent Roers
Latest Form D
Jun 2, 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 Pines at Rapid LLC

What is the minimum investment for Pines at Rapid LLC?

According to its latest Form D, filed Jun 2, 2015, the minimum investment Pines at Rapid LLC accepts from an outside investor is $50,000.

Who can invest in Pines at Rapid LLC?

Pines at Rapid 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 Pines at Rapid LLC raised?

Pines at Rapid LLC reports $650,000 sold from 3 investors on its Form D filed Jun 2, 2015. This is cumulative sales since the offering began, not current assets or performance.

Where is Pines at Rapid LLC based?

Pines at Rapid LLC is based in Long Lake, Minnesota.

When did Pines at Rapid LLC launch?

Pines at Rapid LLC reports its first sale in May 2015.

Size compared with every real estate fund

Raised more than 42% of the 196 real estate funds based in Minnesota, and more than 27% of all 7,348 that report sales.

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