USRPI Legacy REIT, Inc. is a real estate fund based in New York, New York. According to its most recent Form D, filed Jan 20, 2023, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2023. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Mitra Reshmi; Sherri Fleming; Coleen Gasiewski.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 19, 2023
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Mitra Reshmi; Sherri Fleming; Coleen Gasiewski
- Latest Form D
- Jan 20, 2023
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 USRPI Legacy REIT, Inc.
What is the minimum investment for USRPI Legacy REIT, Inc.?
According to its latest Form D, filed Jan 20, 2023, the minimum investment USRPI Legacy REIT, Inc. accepts from an outside investor is $1,000.
Who can invest in USRPI Legacy REIT, Inc.?
USRPI Legacy REIT, Inc. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has USRPI Legacy REIT, Inc. raised?
USRPI Legacy REIT, Inc. reports $125,000 sold from 125 investors on its Form D filed Jan 20, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is USRPI Legacy REIT, Inc. based?
USRPI Legacy REIT, Inc. is based in New York, New York.
When did USRPI Legacy REIT, Inc. launch?
USRPI Legacy REIT, Inc. reports its first sale in Jan 2023.
Size compared with every real estate fund
Raised more than 27% of the 810 real estate funds based in New York, and more than 8% of all 7,348 that report sales.