Veranda Fund 1, LLC is a real estate fund based in Cheyenne, Wyoming. According to its most recent Form D, filed Sep 17, 2025, it has sold $3,691,245 of interests to 43 investors since its first sale in May 2024. 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Surfas Mark; Marci Surfas.
- Total raised
- $3,691,245Cumulative sales reported on Form D
- Investors
- 43
- First sale
- May 31, 2024
- 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
- Surfas Mark; Marci Surfas
- Latest Form D
- Sep 17, 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 Veranda Fund 1, LLC
What is the minimum investment for Veranda Fund 1, LLC?
According to its latest Form D, filed Sep 17, 2025, the minimum investment Veranda Fund 1, LLC accepts from an outside investor is $50,000.
Who can invest in Veranda Fund 1, LLC?
Veranda Fund 1, 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 Veranda Fund 1, LLC raised?
Veranda Fund 1, LLC reports $3,691,245 sold from 43 investors on its Form D filed Sep 17, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Veranda Fund 1, LLC based?
Veranda Fund 1, LLC is based in Cheyenne, Wyoming.
When did Veranda Fund 1, LLC launch?
Veranda Fund 1, LLC reports its first sale in May 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 89% of the 109 real estate funds based in Wyoming, and more than 59% of all 7,321 that report sales.