AltMountain

Portland Square Development, LLC

Duluth, MN · CIK 1935831
Status: no Form D since Oct 2022. 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.

Portland Square Development, LLC is a real estate fund based in Duluth, Minnesota. Its most recent Form D, filed Oct 11, 2022, reports no sales yet. 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 Michael Schraepfer.

Total raised
$0Cumulative sales reported on Form D
Investors
0
First sale
—
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Michael Schraepfer
Latest Form D
Oct 11, 2022

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 Square Development, LLC

What is the minimum investment for Portland Square Development, LLC?

According to its latest Form D, filed Oct 11, 2022, the minimum investment Portland Square Development, LLC accepts from an outside investor is $50,000.

Who can invest in Portland Square Development, LLC?

Portland Square Development, 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 Square Development, LLC raised?

Portland Square Development, LLC's latest Form D, filed Oct 11, 2022, reports no sales yet.

Where is Portland Square Development, LLC based?

Portland Square Development, LLC is based in Duluth, Minnesota.

Size compared with every real estate fund

This fund hasn't reported any sales yet.

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