Urbane 424 LLC is a real estate fund based in Cedar Falls, Iowa. According to its most recent Form D, filed Jan 7, 2025, it has sold $1,100,000 of interests to 3 investors since its first sale in Dec 2024. The minimum investment it accepts from an outside investor is $250,000. 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 Brent Dahlstrom.
- Total raised
- $1,100,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Dec 24, 2024
- Minimum investment
- $250,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Brent Dahlstrom
- Latest Form D
- Jan 7, 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 Urbane 424 LLC
What is the minimum investment for Urbane 424 LLC?
According to its latest Form D, filed Jan 7, 2025, the minimum investment Urbane 424 LLC accepts from an outside investor is $250,000.
Who can invest in Urbane 424 LLC?
Urbane 424 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 Urbane 424 LLC raised?
Urbane 424 LLC reports $1,100,000 sold from 3 investors on its Form D filed Jan 7, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Urbane 424 LLC based?
Urbane 424 LLC is based in Cedar Falls, Iowa.
When did Urbane 424 LLC launch?
Urbane 424 LLC reports its first sale in Dec 2024, 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 73% of the 51 real estate funds based in Iowa, and more than 34% of all 7,350 that report sales.