Site #23, LLC is a real estate fund based in Houston, Texas. According to its most recent Form D, filed Jan 26, 2022, it has sold $10,767,376 of interests to 113 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Edward Griffin; Site #23 Manager LLC.
- Total raised
- $10,767,376Cumulative sales reported on Form D
- Investors
- 113
- First sale
- Oct 29, 2021
- Minimum investment
- $25,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Edward Griffin; Site #23 Manager LLC
- Latest Form D
- Jan 26, 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 Site #23, LLC
What is the minimum investment for Site #23, LLC?
According to its latest Form D, filed Jan 26, 2022, the minimum investment Site #23, LLC accepts from an outside investor is $25,000.
Who can invest in Site #23, LLC?
Site #23, 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Site #23, LLC raised?
Site #23, LLC reports $10,767,376 sold from 113 investors on its Form D filed Jan 26, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Site #23, LLC based?
Site #23, LLC is based in Houston, Texas.
When did Site #23, LLC launch?
Site #23, LLC reports its first sale in Oct 2021.
Size compared with every real estate fund
Raised more than 87% of the 1,419 real estate funds based in Texas, and more than 80% of all 7,350 that report sales.