SPC North Arlington LLC is a real estate fund based in Lake Elmo, Minnesota. According to its most recent Form D, filed Jul 13, 2023, it has sold $2,565,000 of interests to 36 investors since its first sale in Jul 2023. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Nathan Wagner; Jeremy Dyer; Drew McWilliams.
- Total raised
- $2,565,000Cumulative sales reported on Form D
- Investors
- 36
- First sale
- Jul 3, 2023
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Nathan Wagner; Jeremy Dyer; Drew McWilliams
- Latest Form D
- Jul 13, 2023
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 SPC North Arlington LLC
What is the minimum investment for SPC North Arlington LLC?
SPC North Arlington LLC's latest Form D, filed Jul 13, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SPC North Arlington LLC?
SPC North Arlington LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has SPC North Arlington LLC raised?
SPC North Arlington LLC reports $2,565,000 sold from 36 investors on its Form D filed Jul 13, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is SPC North Arlington LLC based?
SPC North Arlington LLC is based in Lake Elmo, Minnesota.
When did SPC North Arlington LLC launch?
SPC North Arlington LLC reports its first sale in Jul 2023.
Size compared with every real estate fund
Raised more than 64% of the 196 real estate funds based in Minnesota, and more than 51% of all 7,350 that report sales.