Wam Properties, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed May 27, 2016, it has sold $1,650,000 of interests to 14 investors since its first sale in May 2016. 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 Thomas Nicholson, III.
- Total raised
- $1,650,000Cumulative sales reported on Form D
- Investors
- 14
- First sale
- May 13, 2016
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Thomas Nicholson, III
- Latest Form D
- May 27, 2016
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 Wam Properties, LLC
What is the minimum investment for Wam Properties, LLC?
According to its latest Form D, filed May 27, 2016, the minimum investment Wam Properties, LLC accepts from an outside investor is $50,000.
Who can invest in Wam Properties, LLC?
Wam Properties, 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 Wam Properties, LLC raised?
Wam Properties, LLC reports $1,650,000 sold from 14 investors on its Form D filed May 27, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Wam Properties, LLC based?
Wam Properties, LLC is based in Norfolk, Virginia.
When did Wam Properties, LLC launch?
Wam Properties, LLC reports its first sale in May 2016.
Size compared with every real estate fund
Raised more than 54% of the 142 real estate funds based in Virginia, and more than 42% of all 7,349 that report sales.