Ric I B REIT, LLC is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed Jan 3, 2023, it has sold $250,000 of interests to 125 investors since its first sale in Dec 2022. The minimum investment it accepts from an outside investor is $2,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include BRESCO Advisors, LLC; Jeff Green; Ryan Fuson.
- Total raised
- $250,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Dec 21, 2022
- Minimum investment
- $2,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- BRESCO Advisors, LLC; Jeff Green; Ryan Fuson
- Latest Form D
- Jan 3, 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 Ric I B REIT, LLC
What is the minimum investment for Ric I B REIT, LLC?
According to its latest Form D, filed Jan 3, 2023, the minimum investment Ric I B REIT, LLC accepts from an outside investor is $2,000.
Who can invest in Ric I B REIT, LLC?
Ric I B REIT, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Ric I B REIT, LLC raised?
Ric I B REIT, LLC reports $250,000 sold from 125 investors on its Form D filed Jan 3, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Ric I B REIT, LLC based?
Ric I B REIT, LLC is based in Seattle, Washington.
When did Ric I B REIT, LLC launch?
Ric I B REIT, LLC reports its first sale in Dec 2022.
Size compared with every real estate fund
Raised more than 38% of the 284 real estate funds based in Washington, and more than 18% of all 7,350 that report sales.