Towne Center Flats, LLC is a real estate fund based in Southgate, Michigan. According to its most recent Form D, filed Oct 6, 2020, it has sold $2,850,000 of interests to 27 investors since its first sale in Sep 2020. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Barry Flavin; Josh Sterling.
- Total raised
- $2,850,000Cumulative sales reported on Form D
- Investors
- 27
- First sale
- Sep 18, 2020
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Barry Flavin; Josh Sterling
- Latest Form D
- Oct 6, 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 Towne Center Flats, LLC
What is the minimum investment for Towne Center Flats, LLC?
According to its latest Form D, filed Oct 6, 2020, the minimum investment Towne Center Flats, LLC accepts from an outside investor is $50,000.
Who can invest in Towne Center Flats, LLC?
Towne Center Flats, 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 Towne Center Flats, LLC raised?
Towne Center Flats, LLC reports $2,850,000 sold from 27 investors on its Form D filed Oct 6, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Towne Center Flats, LLC based?
Towne Center Flats, LLC is based in Southgate, Michigan.
When did Towne Center Flats, LLC launch?
Towne Center Flats, LLC reports its first sale in Sep 2020.
Size compared with every real estate fund
Raised more than 65% of the 104 real estate funds based in Michigan, and more than 53% of all 7,351 that report sales.