Reserve at Ormond Beach 272, LLC is a real estate fund based in Aventura, Florida. According to its most recent Form D, filed Feb 14, 2017, it has sold $8,330,000 of interests to 33 investors since its first sale in Dec 2016. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Grant Cardone.
- Total raised
- $8,330,000Cumulative sales reported on Form D
- Investors
- 33
- First sale
- Dec 8, 2016
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Grant Cardone
- Latest Form D
- Feb 14, 2017
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 Reserve at Ormond Beach 272, LLC
What is the minimum investment for Reserve at Ormond Beach 272, LLC?
According to its latest Form D, filed Feb 14, 2017, the minimum investment Reserve at Ormond Beach 272, LLC accepts from an outside investor is $100,000.
Who can invest in Reserve at Ormond Beach 272, LLC?
Reserve at Ormond Beach 272, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Reserve at Ormond Beach 272, LLC raised?
Reserve at Ormond Beach 272, LLC reports $8,330,000 sold from 33 investors on its Form D filed Feb 14, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Reserve at Ormond Beach 272, LLC based?
Reserve at Ormond Beach 272, LLC is based in Aventura, Florida.
When did Reserve at Ormond Beach 272, LLC launch?
Reserve at Ormond Beach 272, LLC reports its first sale in Dec 2016.
Size compared with every real estate fund
Raised more than 78% of the 612 real estate funds based in Florida, and more than 75% of all 7,321 that report sales.