SCALE Lending REIT LLC
SCALE Lending REIT LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Feb 2, 2022, it has sold $137,500 of interests to 125 investors since its first sale in Jan 2022. The minimum investment it accepts from an outside investor is $1,100. 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 Martin Nussbaum; Alexander Popov.
- Total raised
- $137,500Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 18, 2022
- Minimum investment
- $1,100
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Martin Nussbaum; Alexander Popov
- Latest Form D
- Feb 2, 2022
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 SCALE Lending REIT LLC
What is the minimum investment for SCALE Lending REIT LLC?
According to its latest Form D, filed Feb 2, 2022, the minimum investment SCALE Lending REIT LLC accepts from an outside investor is $1,100.
Who can invest in SCALE Lending REIT LLC?
SCALE Lending REIT 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 SCALE Lending REIT LLC raised?
SCALE Lending REIT LLC reports $137,500 sold from 125 investors on its Form D filed Feb 2, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is SCALE Lending REIT LLC based?
SCALE Lending REIT LLC is based in New York, New York.
When did SCALE Lending REIT LLC launch?
SCALE Lending REIT LLC reports its first sale in Jan 2022.
Size compared with every real estate fund
Raised more than 49% of the 810 real estate funds based in New York, and more than 16% of all 7,321 that report sales.