South Side Shares, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed May 8, 2019, it has sold $55,000 of interests to 2 investors since its first sale in Apr 2019. The minimum investment it accepts from an outside investor is $5,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Jay Readey.
- Total raised
- $55,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Apr 17, 2019
- Minimum investment
- $5,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Jay Readey
- Latest Form D
- May 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 South Side Shares, LLC
What is the minimum investment for South Side Shares, LLC?
According to its latest Form D, filed May 8, 2019, the minimum investment South Side Shares, LLC accepts from an outside investor is $5,000.
Who can invest in South Side Shares, LLC?
South Side Shares, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has South Side Shares, LLC raised?
South Side Shares, LLC reports $55,000 sold from 2 investors on its Form D filed May 8, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is South Side Shares, LLC based?
South Side Shares, LLC is based in Chicago, Illinois.
When did South Side Shares, LLC launch?
South Side Shares, LLC reports its first sale in Apr 2019.
Size compared with every real estate fund
Raised more than 26% of the 481 real estate funds based in Illinois, and more than 2% of all 7,350 that report sales.