AltMountain

Portage Estates, LLC

Chicago, IL · CIK 1564541 · Sponsor: SMB Equity, LLC
Status: no Form D since Dec 2012. 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.

Portage Estates, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Dec 12, 2012, it has sold $3,200,000 of interests to 38 investors since its first sale in Nov 2012. The minimum investment it accepts from an outside investor is $12,500. Related persons named in the filing include SMB Equity, LLC; Sherwin Jarol; Michael Siemer.

Total raised
$3,200,000Cumulative sales reported on Form D
Investors
38
First sale
Nov 27, 2012
Minimum investment
$12,500
Who can invest
Not stated
Offering exemption
Other exemption
Key people and entities
SMB Equity, LLC; Sherwin Jarol; Michael Siemer
Latest Form D
Dec 12, 2012

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 Portage Estates, LLC

What is the minimum investment for Portage Estates, LLC?

According to its latest Form D, filed Dec 12, 2012, the minimum investment Portage Estates, LLC accepts from an outside investor is $12,500.

Who can invest in Portage Estates, LLC?

Portage Estates, LLC is generally open only to investors who meet the eligibility rules in its offering documents.

How much has Portage Estates, LLC raised?

Portage Estates, LLC reports $3,200,000 sold from 38 investors on its Form D filed Dec 12, 2012. This is cumulative sales since the offering began, not current assets or performance.

Where is Portage Estates, LLC based?

Portage Estates, LLC is based in Chicago, Illinois.

When did Portage Estates, LLC launch?

Portage Estates, LLC reports its first sale in Nov 2012.

Size compared with every real estate fund

Raised more than 68% of the 481 real estate funds based in Illinois, and more than 56% of all 7,350 that report sales.

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