Portland Commons LLC
Portland Commons LLC is a real estate fund based in Minnetonka, Minnesota. According to its most recent Form D, filed May 10, 2019, it has sold $6,500,000 of interests to 22 investors since its first sale in May 2019. The minimum investment it accepts from an outside investor is $125,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Robert Zakheim; Robert Wall; Charlie Traeger.
- Total raised
- $6,500,000Cumulative sales reported on Form D
- Investors
- 22
- First sale
- May 1, 2019
- Minimum investment
- $125,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Robert Zakheim; Robert Wall; Charlie Traeger
- Latest Form D
- May 10, 2019
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 Portland Commons LLC
What is the minimum investment for Portland Commons LLC?
According to its latest Form D, filed May 10, 2019, the minimum investment Portland Commons LLC accepts from an outside investor is $125,000.
Who can invest in Portland Commons LLC?
Portland Commons 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 Portland Commons LLC raised?
Portland Commons LLC reports $6,500,000 sold from 22 investors on its Form D filed May 10, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Portland Commons LLC based?
Portland Commons LLC is based in Minnetonka, Minnesota.
When did Portland Commons LLC launch?
Portland Commons LLC reports its first sale in May 2019.
Size compared with every real estate fund
Raised more than 84% of the 196 real estate funds based in Minnesota, and more than 71% of all 7,350 that report sales.