RM Notes Somerville, LLC is a real estate fund based in Los Angeles. According to its most recent Form D, filed Jul 17, 2025, it has sold $3,066,000 of interests to 45 investors since its first sale in Jul 2025. The minimum investment it accepts from an outside investor is $11,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. 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 Jilliene Helman; Eric Levy.
- Total raised
- $3,066,000Cumulative sales reported on Form D
- Investors
- 45
- First sale
- Jul 2, 2025
- Minimum investment
- $11,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jilliene Helman; Eric Levy
- Latest Form D
- Jul 17, 2025
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 RM Notes Somerville, LLC
What is the minimum investment for RM Notes Somerville, LLC?
According to its latest Form D, filed Jul 17, 2025, the minimum investment RM Notes Somerville, LLC accepts from an outside investor is $11,000.
Who can invest in RM Notes Somerville, LLC?
RM Notes Somerville, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has RM Notes Somerville, LLC raised?
RM Notes Somerville, LLC reports $3,066,000 sold from 45 investors on its Form D filed Jul 17, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is RM Notes Somerville, LLC based?
RM Notes Somerville, LLC is based in Los Angeles.
When did RM Notes Somerville, LLC launch?
RM Notes Somerville, LLC reports its first sale in Jul 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).