Waterway Owner, LLC is a real estate fund based in Chapel Hill, North Carolina. According to its most recent Form D, filed Oct 1, 2025, it has sold $18,690,000 of interests to 33 investors since its first sale in Sep 2025. The minimum investment it accepts from an outside investor is $15,000. 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 Roger Perry.
- Total raised
- $18,690,000Cumulative sales reported on Form D
- Investors
- 33
- First sale
- Sep 25, 2025
- Minimum investment
- $15,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Roger Perry
- Latest Form D
- Oct 1, 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 Waterway Owner, LLC
What is the minimum investment for Waterway Owner, LLC?
According to its latest Form D, filed Oct 1, 2025, the minimum investment Waterway Owner, LLC accepts from an outside investor is $15,000.
Who can invest in Waterway Owner, LLC?
Waterway Owner, 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 Waterway Owner, LLC raised?
Waterway Owner, LLC reports $18,690,000 sold from 33 investors on its Form D filed Oct 1, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Waterway Owner, LLC based?
Waterway Owner, LLC is based in Chapel Hill, North Carolina.
When did Waterway Owner, LLC launch?
Waterway Owner, LLC reports its first sale in Sep 2025, 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 92% of the 296 real estate funds based in North Carolina, and more than 86% of all 7,351 that report sales.