AltMountain

RealtyShares 357, LLC

Lewes, DE · CIK 1739017
Status: no Form D since May 2018. 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.

RealtyShares 357, LLC is a real estate fund based in Lewes, Delaware. According to its most recent Form D, filed May 8, 2018, it has sold $1,385,000 of interests to 89 investors since its first sale in Jan 2018. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Ed Forst.

Total raised
$1,385,000Cumulative sales reported on Form D
Investors
89
First sale
Jan 24, 2018
Minimum investment
$10,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Ed Forst
Latest Form D
May 8, 2018

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 RealtyShares 357, LLC

What is the minimum investment for RealtyShares 357, LLC?

According to its latest Form D, filed May 8, 2018, the minimum investment RealtyShares 357, LLC accepts from an outside investor is $10,000.

Who can invest in RealtyShares 357, LLC?

RealtyShares 357, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has RealtyShares 357, LLC raised?

RealtyShares 357, LLC reports $1,385,000 sold from 89 investors on its Form D filed May 8, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is RealtyShares 357, LLC based?

RealtyShares 357, LLC is based in Lewes, Delaware.

When did RealtyShares 357, LLC launch?

RealtyShares 357, LLC reports its first sale in Jan 2018.

Size compared with every real estate fund

Raised more than 77% of the 273 real estate funds based in Delaware, and more than 38% of all 7,321 that report sales.

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