Slope Trail Development LLC
Slope Trail Development LLC is a real estate fund based in Palm Beach, Florida. According to its most recent Form D, filed Jun 29, 2020, it has sold $2,300,000 of interests to 19 investors since its first sale in Jun 2020. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Lee Fensterstock.
- Total raised
- $2,300,000Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Jun 19, 2020
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lee Fensterstock
- Latest Form D
- Jun 29, 2020
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 Slope Trail Development LLC
What is the minimum investment for Slope Trail Development LLC?
According to its latest Form D, filed Jun 29, 2020, the minimum investment Slope Trail Development LLC accepts from an outside investor is $25,000.
Who can invest in Slope Trail Development LLC?
Slope Trail Development 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 Slope Trail Development LLC raised?
Slope Trail Development LLC reports $2,300,000 sold from 19 investors on its Form D filed Jun 29, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Slope Trail Development LLC based?
Slope Trail Development LLC is based in Palm Beach, Florida.
When did Slope Trail Development LLC launch?
Slope Trail Development LLC reports its first sale in Jun 2020.
Size compared with every real estate fund
Raised more than 57% of the 619 real estate funds based in Florida, and more than 49% of all 7,322 that report sales.