Riley Cityline Apts, LLC is a real estate fund based in Centerville, Virginia. According to its most recent Form D, filed Mar 11, 2021, it has sold $15,000,000 of interests to 36 investors since its first sale in Feb 2021. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Ravikiran Thummalapenta.
- Total raised
- $15,000,000Cumulative sales reported on Form D
- Investors
- 36
- First sale
- Feb 26, 2021
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Ravikiran Thummalapenta
- Latest Form D
- Mar 11, 2021
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 Riley Cityline Apts, LLC
What is the minimum investment for Riley Cityline Apts, LLC?
According to its latest Form D, filed Mar 11, 2021, the minimum investment Riley Cityline Apts, LLC accepts from an outside investor is $50,000.
Who can invest in Riley Cityline Apts, LLC?
Riley Cityline Apts, 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 Riley Cityline Apts, LLC raised?
Riley Cityline Apts, LLC reports $15,000,000 sold from 36 investors on its Form D filed Mar 11, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Riley Cityline Apts, LLC based?
Riley Cityline Apts, LLC is based in Centerville, Virginia.
When did Riley Cityline Apts, LLC launch?
Riley Cityline Apts, LLC reports its first sale in Feb 2021.
Size compared with every real estate fund
Raised more than 94% of the 141 real estate funds based in Virginia, and more than 84% of all 7,351 that report sales.