AltMountain

Rankin 59, LLC

Denver, CO · CIK 1978525
Status: no Form D since May 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.

Rankin 59, LLC is a real estate fund based in Denver, Colorado. According to its most recent Form D, filed May 25, 2023, it has sold $6,531,000 of interests to 34 investors since its first sale in May 2023. The minimum investment it accepts from an outside investor is $20,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Bobby Ghiselli; Doug Wiley.

Total raised
$6,531,000Cumulative sales reported on Form D
Investors
34
First sale
May 15, 2023
Minimum investment
$20,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Bobby Ghiselli; Doug Wiley
Latest Form D
May 25, 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 Rankin 59, LLC

What is the minimum investment for Rankin 59, LLC?

According to its latest Form D, filed May 25, 2023, the minimum investment Rankin 59, LLC accepts from an outside investor is $20,000.

Who can invest in Rankin 59, LLC?

Rankin 59, 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 Rankin 59, LLC raised?

Rankin 59, LLC reports $6,531,000 sold from 34 investors on its Form D filed May 25, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Rankin 59, LLC based?

Rankin 59, LLC is based in Denver, Colorado.

When did Rankin 59, LLC launch?

Rankin 59, LLC reports its first sale in May 2023.

Size compared with every real estate fund

Raised more than 77% of the 371 real estate funds based in Colorado, and more than 71% of all 7,348 that report sales.

More real estate funds in Denver

Similar-size real estate funds in Colorado

All real estate funds in Colorado