Ridgedale REIT Sub LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Nov 5, 2018, it has sold $125,000 of interests to 125 investors since its first sale in Oct 2018. The minimum investment it accepts from an outside investor is $1,000. 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 Richard Pesin; Brian McCarthy; Sandeep Mathrani.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Oct 31, 2018
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Richard Pesin; Brian McCarthy; Sandeep Mathrani
- Latest Form D
- Nov 5, 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 Ridgedale REIT Sub LLC
What is the minimum investment for Ridgedale REIT Sub LLC?
According to its latest Form D, filed Nov 5, 2018, the minimum investment Ridgedale REIT Sub LLC accepts from an outside investor is $1,000.
Who can invest in Ridgedale REIT Sub LLC?
Ridgedale REIT Sub 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 Ridgedale REIT Sub LLC raised?
Ridgedale REIT Sub LLC reports $125,000 sold from 125 investors on its Form D filed Nov 5, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Ridgedale REIT Sub LLC based?
Ridgedale REIT Sub LLC is based in Chicago, Illinois.
When did Ridgedale REIT Sub LLC launch?
Ridgedale REIT Sub LLC reports its first sale in Oct 2018.
Size compared with every real estate fund
Raised more than 43% of the 479 real estate funds based in Illinois, and more than 8% of all 7,316 that report sales.