Towne Point Storage LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Dec 19, 2019, it has sold $1,250,000 of interests to 22 investors since its first sale in Dec 2019. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Michael Burnette; George Minton.
- Total raised
- $1,250,000Cumulative sales reported on Form D
- Investors
- 22
- First sale
- Dec 5, 2019
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Burnette; George Minton
- Latest Form D
- Dec 19, 2019
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 Point Storage LLC
What is the minimum investment for Towne Point Storage LLC?
Towne Point Storage LLC's latest Form D, filed Dec 19, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Towne Point Storage LLC?
Towne Point Storage 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 Towne Point Storage LLC raised?
Towne Point Storage LLC reports $1,250,000 sold from 22 investors on its Form D filed Dec 19, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Towne Point Storage LLC based?
Towne Point Storage LLC is based in Norfolk, Virginia.
When did Towne Point Storage LLC launch?
Towne Point Storage LLC reports its first sale in Dec 2019.
Size compared with every real estate fund
Raised more than 51% of the 141 real estate funds based in Virginia, and more than 36% of all 7,311 that report sales.