Progressive Sierra Commons, LLC
Progressive Sierra Commons, LLC is a real estate fund based in Westlake Village, California. According to its most recent Form D, filed Sep 12, 2014, it has sold $2,405,211 of interests to 4 investors since its first sale in Aug 2014. 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 Dennis Richardson; Robert Scharlach; Randall Scharlach.
- Total raised
- $2,405,211Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Aug 28, 2014
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Dennis Richardson; Robert Scharlach; Randall Scharlach
- Latest Form D
- Sep 12, 2014
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 Progressive Sierra Commons, LLC
What is the minimum investment for Progressive Sierra Commons, LLC?
According to its latest Form D, filed Sep 12, 2014, the minimum investment Progressive Sierra Commons, LLC accepts from an outside investor is $50,000.
Who can invest in Progressive Sierra Commons, LLC?
Progressive Sierra 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 Progressive Sierra Commons, LLC raised?
Progressive Sierra Commons, LLC reports $2,405,211 sold from 4 investors on its Form D filed Sep 12, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Progressive Sierra Commons, LLC based?
Progressive Sierra Commons, LLC is based in Westlake Village, California.
When did Progressive Sierra Commons, LLC launch?
Progressive Sierra Commons, LLC reports its first sale in Aug 2014.
Size compared with every real estate fund
Raised more than 62% of the 1,089 real estate funds based in California, and more than 50% of all 7,316 that report sales.