AltMountain

Salisbury Promenade, LLC

Salisbury, MD · CIK 1796823
Status: no Form D since Dec 2019. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Salisbury Promenade, LLC is a real estate fund based in Salisbury, Maryland. According to its most recent Form D, filed Dec 19, 2019, it has sold $1,650,000 of interests to 8 investors since its first sale in Dec 2019. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Brent Miller.

Total raised
$1,650,000Cumulative sales reported on Form D
Investors
8
First sale
Dec 9, 2019
Minimum investment
$250,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Brent Miller
Latest Form D
Dec 19, 2019

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

Raise history

FiledFilingTotal raisedInvestorsSource
Dec 19, 2019Amendment$1,650,0008SEC.gov ↗
Dec 19, 2019First notice$08SEC.gov ↗

2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Dec 19, 2019. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.

Questions about Salisbury Promenade, LLC

What is the minimum investment for Salisbury Promenade, LLC?

According to its latest Form D, filed Dec 19, 2019, the minimum investment Salisbury Promenade, LLC accepts from an outside investor is $250,000.

Who can invest in Salisbury Promenade, LLC?

Salisbury Promenade, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Salisbury Promenade, LLC raised?

Salisbury Promenade, LLC reports $1,650,000 sold from 8 investors on its Form D filed Dec 19, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Salisbury Promenade, LLC based?

Salisbury Promenade, LLC is based in Salisbury, Maryland.

When did Salisbury Promenade, LLC launch?

Salisbury Promenade, LLC reports its first sale in Dec 2019.

Size compared with every real estate fund

Raised more than 58% of the 201 real estate funds based in Maryland, and more than 42% of all 7,351 that report sales.

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