Ridgeview Sunset Drive LLC is a real estate fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Dec 23, 2024, it has sold $1,598,000 of interests to 24 investors since its first sale in Dec 2024. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Ben Michel.
- Total raised
- $1,598,000Cumulative sales reported on Form D
- Investors
- 24
- First sale
- Dec 19, 2024
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Ben Michel
- Latest Form D
- Dec 23, 2024
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 Ridgeview Sunset Drive LLC
What is the minimum investment for Ridgeview Sunset Drive LLC?
According to its latest Form D, filed Dec 23, 2024, the minimum investment Ridgeview Sunset Drive LLC accepts from an outside investor is $25,000.
Who can invest in Ridgeview Sunset Drive LLC?
Ridgeview Sunset Drive 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 Ridgeview Sunset Drive LLC raised?
Ridgeview Sunset Drive LLC reports $1,598,000 sold from 24 investors on its Form D filed Dec 23, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Ridgeview Sunset Drive LLC based?
Ridgeview Sunset Drive LLC is based in Minneapolis, Minnesota.
When did Ridgeview Sunset Drive LLC launch?
Ridgeview Sunset Drive LLC reports its first sale in Dec 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 54% of the 194 real estate funds based in Minnesota, and more than 41% of all 7,316 that report sales.