Point 2150 LLC
Point 2150 LLC is a real estate fund based in Elgin, Illinois. According to its most recent Form D, filed Sep 7, 2016, it has sold $1,700,000 of interests to 5 investors since its first sale in Aug 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 Daniel Corrado; Richard Panichi.
- Total raised
- $1,700,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Aug 19, 2016
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Daniel Corrado; Richard Panichi
- Latest Form D
- Sep 7, 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 Point 2150 LLC
What is the minimum investment for Point 2150 LLC?
According to its latest Form D, filed Sep 7, 2016, the minimum investment Point 2150 LLC accepts from an outside investor is $50,000.
Who can invest in Point 2150 LLC?
Point 2150 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 Point 2150 LLC raised?
Point 2150 LLC reports $1,700,000 sold from 5 investors on its Form D filed Sep 7, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Point 2150 LLC based?
Point 2150 LLC is based in Elgin, Illinois.
When did Point 2150 LLC launch?
Point 2150 LLC reports its first sale in Aug 2016.
Size compared with every real estate fund
Raised more than 63% of the 481 real estate funds based in Illinois, and more than 42% of all 7,337 that report sales.