AltMountain

Proximity Preferred Venture, LLC

Northridge, CA · CIK 1835142
Status: no Form D since Dec 2020. 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 Preferred Venture, LLC is a real estate fund based in Northridge, California. According to its most recent Form D, filed Dec 4, 2020, it has sold $750,000 of interests since its first sale in Dec 2020. 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 James Hopper.

Total raised
$750,000Cumulative sales reported on Form D
Investors
0
First sale
Dec 4, 2020
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
James Hopper
Latest Form D
Dec 4, 2020

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 Preferred Venture, LLC

What is the minimum investment for Proximity Preferred Venture, LLC?

According to its latest Form D, filed Dec 4, 2020, the minimum investment Proximity Preferred Venture, LLC accepts from an outside investor is $50,000.

Who can invest in Proximity Preferred Venture, LLC?

Proximity Preferred Venture, 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 Preferred Venture, LLC raised?

Proximity Preferred Venture, LLC reports $750,000 sold on its Form D filed Dec 4, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Proximity Preferred Venture, LLC based?

Proximity Preferred Venture, LLC is based in Northridge, California.

When did Proximity Preferred Venture, LLC launch?

Proximity Preferred Venture, LLC reports its first sale in Dec 2020.

Size compared with every real estate fund

Raised more than 46% of the 1,090 real estate funds based in California, and more than 28% of all 7,321 that report sales.

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