Serra Building, LLC is a real estate fund based in Champaign, Illinois. According to its most recent Form D, filed Jan 18, 2019, it has sold $1,405,000 of interests to 17 investors since its first sale in Feb 2018. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Timothy Hoerr.
- Total raised
- $1,405,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Feb 4, 2018
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Timothy Hoerr
- Latest Form D
- Jan 18, 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
Questions about Serra Building, LLC
What is the minimum investment for Serra Building, LLC?
According to its latest Form D, filed Jan 18, 2019, the minimum investment Serra Building, LLC accepts from an outside investor is $10,000.
Who can invest in Serra Building, LLC?
Serra Building, 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(b), which does not allow general advertising.
How much has Serra Building, LLC raised?
Serra Building, LLC reports $1,405,000 sold from 17 investors on its Form D filed Jan 18, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Serra Building, LLC based?
Serra Building, LLC is based in Champaign, Illinois.
When did Serra Building, LLC launch?
Serra Building, LLC reports its first sale in Feb 2018.
Size compared with every real estate fund
Raised more than 61% of the 481 real estate funds based in Illinois, and more than 39% of all 7,349 that report sales.