Townley SPE, LLC is a real estate fund based in Irvine, California. According to its most recent Form D, filed Mar 27, 2018, it has sold $3,500,000 of interests to 1 investor since its first sale in Jan 2018. The minimum investment it accepts from an outside investor is $3,500,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jack Carroll; Rand Sperry; Burton Young.
- Total raised
- $3,500,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jan 23, 2018
- Minimum investment
- $3,500,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jack Carroll; Rand Sperry; Burton Young
- Latest Form D
- Mar 27, 2018
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 Townley SPE, LLC
What is the minimum investment for Townley SPE, LLC?
According to its latest Form D, filed Mar 27, 2018, the minimum investment Townley SPE, LLC accepts from an outside investor is $3,500,000.
Who can invest in Townley SPE, LLC?
Townley SPE, 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 Townley SPE, LLC raised?
Townley SPE, LLC reports $3,500,000 sold from 1 investor on its Form D filed Mar 27, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Townley SPE, LLC based?
Townley SPE, LLC is based in Irvine, California.
When did Townley SPE, LLC launch?
Townley SPE, LLC reports its first sale in Jan 2018.
Size compared with every real estate fund
Raised more than 67% of the 1,095 real estate funds based in California, and more than 58% of all 7,350 that report sales.