Sumner ALC LLC is a real estate fund based in Mercer Island, Washington. According to its most recent Form D, filed May 16, 2025, it has sold $1,800,000 of interests to 21 investors since its first sale in May 2025. The minimum investment it accepts from an outside investor is $20,000. 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 William Moore III.
- Total raised
- $1,800,000Cumulative sales reported on Form D
- Investors
- 21
- First sale
- May 2, 2025
- Minimum investment
- $20,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- William Moore III
- Latest Form D
- May 16, 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 Sumner ALC LLC
What is the minimum investment for Sumner ALC LLC?
According to its latest Form D, filed May 16, 2025, the minimum investment Sumner ALC LLC accepts from an outside investor is $20,000.
Who can invest in Sumner ALC LLC?
Sumner ALC 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 Sumner ALC LLC raised?
Sumner ALC LLC reports $1,800,000 sold from 21 investors on its Form D filed May 16, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Sumner ALC LLC based?
Sumner ALC LLC is based in Mercer Island, Washington.
When did Sumner ALC LLC launch?
Sumner ALC LLC reports its first sale in May 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 58% of the 284 real estate funds based in Washington, and more than 43% of all 7,322 that report sales.