Preldf REIT, LLC
Preldf REIT, LLC is a real estate fund based in Des Moines. According to its most recent Form D, filed Jan 19, 2021, it has sold $118,000 of interests to 118 investors since its first sale in Jan 2021. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Indraneel Karlekar; Principal Real Estate Liquid Debt Fund GP, LLC; Christopher Duey.
- Total raised
- $118,000Cumulative sales reported on Form D
- Investors
- 118
- First sale
- Jan 14, 2021
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Indraneel Karlekar; Principal Real Estate Liquid Debt Fund GP, LLC; Christopher Duey
- Latest Form D
- Jan 19, 2021
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 Preldf REIT, LLC
What is the minimum investment for Preldf REIT, LLC?
According to its latest Form D, filed Jan 19, 2021, the minimum investment Preldf REIT, LLC accepts from an outside investor is $1,000.
Who can invest in Preldf REIT, LLC?
Preldf REIT, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Preldf REIT, LLC raised?
Preldf REIT, LLC reports $118,000 sold from 118 investors on its Form D filed Jan 19, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Preldf REIT, LLC based?
Preldf REIT, LLC is based in Des Moines.
When did Preldf REIT, LLC launch?
Preldf REIT, LLC reports its first sale in Jan 2021.