Silverman West 59 LLC is a real estate fund based in Tucson, Arizona. According to its most recent Form D, filed Mar 8, 2022, it has sold $1,479,000 of interests to 27 investors since its first sale in Feb 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
- $1,479,000Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Feb 21, 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
- Mar 8, 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 West 59 LLC
What is the minimum investment for Silverman West 59 LLC?
Silverman West 59 LLC's latest Form D, filed Mar 8, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Silverman West 59 LLC?
Silverman West 59 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 West 59 LLC raised?
Silverman West 59 LLC reports $1,479,000 sold from 27 investors on its Form D filed Mar 8, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Silverman West 59 LLC based?
Silverman West 59 LLC is based in Tucson, Arizona.
When did Silverman West 59 LLC launch?
Silverman West 59 LLC reports its first sale in Feb 2022.
Size compared with every real estate fund
Raised more than 51% of the 345 real estate funds based in Arizona, and more than 40% of all 7,351 that report sales.