AltMountain

Proximity CB, LLC

Wilmington, NC · CIK 1986026
Status: no Form D since Jul 2023. 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.

Proximity CB, LLC is a real estate fund based in Wilmington, North Carolina. According to its most recent Form D, filed Jul 21, 2023, it has sold $27,032,658 of interests to 34 investors since its first sale in Jul 2023. 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 Brian Eckel; Michael Brown III; Paul Loukas.

Total raised
$27,032,658Cumulative sales reported on Form D
Investors
34
First sale
Jul 6, 2023
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Brian Eckel; Michael Brown III; Paul Loukas
Latest Form D
Jul 21, 2023

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 Proximity CB, LLC

What is the minimum investment for Proximity CB, LLC?

According to its latest Form D, filed Jul 21, 2023, the minimum investment Proximity CB, LLC accepts from an outside investor is $100,000.

Who can invest in Proximity CB, LLC?

Proximity CB, 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 Proximity CB, LLC raised?

Proximity CB, LLC reports $27,032,658 sold from 34 investors on its Form D filed Jul 21, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Proximity CB, LLC based?

Proximity CB, LLC is based in Wilmington, North Carolina.

When did Proximity CB, LLC launch?

Proximity CB, LLC reports its first sale in Jul 2023.

Size compared with every real estate fund

Raised more than 94% of the 294 real estate funds based in North Carolina, and more than 90% of all 7,349 that report sales.

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