AltMountain

Verge Apts, LLC

Spokane, WA · CIK 1943557
Status: no Form D since Aug 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Verge Apts, LLC is a real estate fund based in Spokane, Washington. According to its most recent Form D, filed Aug 22, 2022, it has sold $1,545,000 of interests to 17 investors since its first sale in Aug 2022. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Kyle Schlangen; Mike Roeder; Sarah May.

Total raised
$1,545,000Cumulative sales reported on Form D
Investors
17
First sale
Aug 19, 2022
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Kyle Schlangen; Mike Roeder; Sarah May
Latest Form D
Aug 22, 2022

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 Verge Apts, LLC

What is the minimum investment for Verge Apts, LLC?

According to its latest Form D, filed Aug 22, 2022, the minimum investment Verge Apts, LLC accepts from an outside investor is $50,000.

Who can invest in Verge Apts, LLC?

Verge Apts, 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 Verge Apts, LLC raised?

Verge Apts, LLC reports $1,545,000 sold from 17 investors on its Form D filed Aug 22, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Verge Apts, LLC based?

Verge Apts, LLC is based in Spokane, Washington.

When did Verge Apts, LLC launch?

Verge Apts, LLC reports its first sale in Aug 2022.

Size compared with every real estate fund

Raised more than 55% of the 284 real estate funds based in Washington, and more than 40% of all 7,311 that report sales.

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