AltMountain

Silverstone Apartments, LLC

Boise, ID · CIK 1768993 · Sponsor: Lexicon Properties, Inc.
Status: no Form D since Mar 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.

Silverstone Apartments, LLC is a real estate fund based in Boise, Idaho. According to its most recent Form D, filed Mar 8, 2019, it has sold $1,861,988 of interests to 10 investors since its first sale in Feb 2019. The minimum investment it accepts from an outside investor is $1. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Dave Evans Construction, LLC; Lexicon Properties, Inc; Dyan Chacon.

Total raised
$1,861,988Cumulative sales reported on Form D
Investors
10
First sale
Feb 26, 2019
Minimum investment
$1
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Dave Evans Construction, LLC; Lexicon Properties, Inc; Dyan Chacon
Latest Form D
Mar 8, 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 Silverstone Apartments, LLC

What is the minimum investment for Silverstone Apartments, LLC?

According to its latest Form D, filed Mar 8, 2019, the minimum investment Silverstone Apartments, LLC accepts from an outside investor is $1.

Who can invest in Silverstone Apartments, LLC?

Silverstone Apartments, 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 Silverstone Apartments, LLC raised?

Silverstone Apartments, LLC reports $1,861,988 sold from 10 investors on its Form D filed Mar 8, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Silverstone Apartments, LLC based?

Silverstone Apartments, LLC is based in Boise, Idaho.

When did Silverstone Apartments, LLC launch?

Silverstone Apartments, LLC reports its first sale in Feb 2019.

Size compared with every real estate fund

Raised more than 68% of the 81 real estate funds based in Idaho, and more than 44% of all 7,351 that report sales.

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