Portland Foreside Development Co LLC is a real estate fund based in Portland, Maine. According to its most recent Form D, filed Jan 19, 2018, it has sold $11,458,184 of interests to 26 investors since its first sale in Jan 2018. The minimum investment it accepts from an outside investor is $500,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kevin Costello; Casey Prentice.
- Total raised
- $11,458,184Cumulative sales reported on Form D
- Investors
- 26
- First sale
- Jan 5, 2018
- Minimum investment
- $500,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Kevin Costello; Casey Prentice
- Latest Form D
- Jan 19, 2018
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 Foreside Development Co LLC
What is the minimum investment for Portland Foreside Development Co LLC?
According to its latest Form D, filed Jan 19, 2018, the minimum investment Portland Foreside Development Co LLC accepts from an outside investor is $500,000.
Who can invest in Portland Foreside Development Co LLC?
Portland Foreside Development Co 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 Foreside Development Co LLC raised?
Portland Foreside Development Co LLC reports $11,458,184 sold from 26 investors on its Form D filed Jan 19, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Portland Foreside Development Co LLC based?
Portland Foreside Development Co LLC is based in Portland, Maine.
When did Portland Foreside Development Co LLC launch?
Portland Foreside Development Co LLC reports its first sale in Jan 2018.
Size compared with every real estate fund
Raised more than 92% of the 13 real estate funds based in Maine, and more than 81% of all 7,351 that report sales.