Prairiegrass Equity LLC is a real estate fund based in Milwaukee, Wisconsin. According to its most recent Form D, filed Dec 13, 2017, it has sold $8,800,000 of interests to 44 investors since its first sale in Nov 2017. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Barry Mandel; Manager Mandel/Prairiegrass Equity LLC.
- Total raised
- $8,800,000Cumulative sales reported on Form D
- Investors
- 44
- First sale
- Nov 30, 2017
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Barry Mandel; Manager Mandel/Prairiegrass Equity LLC
- Latest Form D
- Dec 13, 2017
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 Prairiegrass Equity LLC
What is the minimum investment for Prairiegrass Equity LLC?
According to its latest Form D, filed Dec 13, 2017, the minimum investment Prairiegrass Equity LLC accepts from an outside investor is $100,000.
Who can invest in Prairiegrass Equity LLC?
Prairiegrass Equity 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 Prairiegrass Equity LLC raised?
Prairiegrass Equity LLC reports $8,800,000 sold from 44 investors on its Form D filed Dec 13, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Prairiegrass Equity LLC based?
Prairiegrass Equity LLC is based in Milwaukee, Wisconsin.
When did Prairiegrass Equity LLC launch?
Prairiegrass Equity LLC reports its first sale in Nov 2017.
Size compared with every real estate fund
Raised more than 84% of the 129 real estate funds based in Wisconsin, and more than 76% of all 7,350 that report sales.