Worcester Development Project III LLC is a real estate fund based in Boston, Massachusetts. According to its most recent Form D, filed Feb 8, 2019, it has sold $692,000 of interests to 3 investors since its first sale in Jan 2019. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Robert Burpee; Derek Del Simone.
- Total raised
- $692,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jan 31, 2019
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Robert Burpee; Derek Del Simone
- Latest Form D
- Feb 8, 2019
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 III LLC
What is the minimum investment for Worcester Development Project III LLC?
According to its latest Form D, filed Feb 8, 2019, the minimum investment Worcester Development Project III LLC accepts from an outside investor is $10,000.
Who can invest in Worcester Development Project III LLC?
Worcester Development Project III 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 III LLC raised?
Worcester Development Project III LLC reports $692,000 sold from 3 investors on its Form D filed Feb 8, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Worcester Development Project III LLC based?
Worcester Development Project III LLC is based in Boston, Massachusetts.
When did Worcester Development Project III LLC launch?
Worcester Development Project III LLC reports its first sale in Jan 2019.
Size compared with every real estate fund
Raised more than 46% of the 212 real estate funds based in Massachusetts, and more than 27% of all 7,311 that report sales.