WB Pref Equity Fund I LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed May 23, 2025, it has sold $610,300 of interests to 10 investors since its first sale in Feb 2025. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. 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 Brian Bowers; Scott Weedman.
- Total raised
- $610,300Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Feb 28, 2025
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Brian Bowers; Scott Weedman
- Latest Form D
- May 23, 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 WB Pref Equity Fund I LLC
What is the minimum investment for WB Pref Equity Fund I LLC?
WB Pref Equity Fund I LLC's latest Form D, filed May 23, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in WB Pref Equity Fund I LLC?
WB Pref Equity Fund I LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has WB Pref Equity Fund I LLC raised?
WB Pref Equity Fund I LLC reports $610,300 sold from 10 investors on its Form D filed May 23, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is WB Pref Equity Fund I LLC based?
WB Pref Equity Fund I LLC is based in Scottsdale, Arizona.
When did WB Pref Equity Fund I LLC launch?
WB Pref Equity Fund I LLC reports its first sale in Feb 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 35% of the 347 real estate funds based in Arizona, and more than 26% of all 7,321 that report sales.