SP 340 E 51 LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Mar 5, 2020, it has sold $16,750,000 of interests to 34 investors since its first sale in Feb 2020. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Richard Cohen; Phil Ferretti; Eval Reggev.
- Total raised
- $16,750,000Cumulative sales reported on Form D
- Investors
- 34
- First sale
- Feb 21, 2020
- Minimum investment
- $250,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Richard Cohen; Phil Ferretti; Eval Reggev
- Latest Form D
- Mar 5, 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 SP 340 E 51 LLC
What is the minimum investment for SP 340 E 51 LLC?
According to its latest Form D, filed Mar 5, 2020, the minimum investment SP 340 E 51 LLC accepts from an outside investor is $250,000.
Who can invest in SP 340 E 51 LLC?
SP 340 E 51 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 SP 340 E 51 LLC raised?
SP 340 E 51 LLC reports $16,750,000 sold from 34 investors on its Form D filed Mar 5, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is SP 340 E 51 LLC based?
SP 340 E 51 LLC is based in New York, New York.
When did SP 340 E 51 LLC launch?
SP 340 E 51 LLC reports its first sale in Feb 2020.
Size compared with every real estate fund
Raised more than 88% of the 812 real estate funds based in New York, and more than 85% of all 7,337 that report sales.