SRC Grants Mill CI, LLC is a real estate fund based in Birmingham, Alabama. According to its most recent Form D, filed Nov 17, 2025, it has sold $9,108,082 of interests to 13 investors since its first sale in Oct 2025. The minimum investment it accepts from an outside investor is $75,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Joseph Welden, III; SRC Grants Mill CI Manager LLC; Benny LaRussa, Jr.
- Total raised
- $9,108,082Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Oct 31, 2025
- Minimum investment
- $75,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Joseph Welden, III; SRC Grants Mill CI Manager LLC; Benny LaRussa, Jr
- Latest Form D
- Nov 17, 2025
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 SRC Grants Mill CI, LLC
What is the minimum investment for SRC Grants Mill CI, LLC?
According to its latest Form D, filed Nov 17, 2025, the minimum investment SRC Grants Mill CI, LLC accepts from an outside investor is $75,000.
Who can invest in SRC Grants Mill CI, LLC?
SRC Grants Mill CI, 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 SRC Grants Mill CI, LLC raised?
SRC Grants Mill CI, LLC reports $9,108,082 sold from 13 investors on its Form D filed Nov 17, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is SRC Grants Mill CI, LLC based?
SRC Grants Mill CI, LLC is based in Birmingham, Alabama.
When did SRC Grants Mill CI, LLC launch?
SRC Grants Mill CI, LLC reports its first sale in Oct 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 77% of the 91 real estate funds based in Alabama, and more than 77% of all 7,349 that report sales.