Silverman Phoenix Portfolio LLC is a real estate fund based in Tucson, Arizona. According to its most recent Form D, filed Apr 11, 2022, it has sold $1,453,500 of interests to 28 investors since its first sale in Mar 2022. The filing does not set a minimum investment. 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 Samuel Silverman.
- Total raised
- $1,453,500Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Mar 25, 2022
- Minimum investment
- None set
- 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
- Samuel Silverman
- Latest Form D
- Apr 11, 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 Silverman Phoenix Portfolio LLC
What is the minimum investment for Silverman Phoenix Portfolio LLC?
Silverman Phoenix Portfolio LLC's latest Form D, filed Apr 11, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Silverman Phoenix Portfolio LLC?
Silverman Phoenix Portfolio 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 Silverman Phoenix Portfolio LLC raised?
Silverman Phoenix Portfolio LLC reports $1,453,500 sold from 28 investors on its Form D filed Apr 11, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Silverman Phoenix Portfolio LLC based?
Silverman Phoenix Portfolio LLC is based in Tucson, Arizona.
When did Silverman Phoenix Portfolio LLC launch?
Silverman Phoenix Portfolio LLC reports its first sale in Mar 2022.
Size compared with every real estate fund
Raised more than 50% of the 345 real estate funds based in Arizona, and more than 39% of all 7,351 that report sales.