Worcester Development Project I LLC is a real estate fund based in Boston, Massachusetts. According to its most recent Form D, filed Nov 1, 2018, it has sold $322,500 of interests to 3 investors since its first sale in Oct 2018. 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 Derek Del Simone.
- Total raised
- $322,500Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Oct 23, 2018
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Derek Del Simone
- Latest Form D
- Nov 1, 2018
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 Worcester Development Project I LLC
What is the minimum investment for Worcester Development Project I LLC?
According to its latest Form D, filed Nov 1, 2018, the minimum investment Worcester Development Project I LLC accepts from an outside investor is $50,000.
Who can invest in Worcester Development Project I LLC?
Worcester Development Project I 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 Worcester Development Project I LLC raised?
Worcester Development Project I LLC reports $322,500 sold from 3 investors on its Form D filed Nov 1, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Worcester Development Project I LLC based?
Worcester Development Project I LLC is based in Boston, Massachusetts.
When did Worcester Development Project I LLC launch?
Worcester Development Project I LLC reports its first sale in Oct 2018.
Size compared with every real estate fund
Raised more than 41% of the 212 real estate funds based in Massachusetts, and more than 21% of all 7,311 that report sales.