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EDGAR Verified
Primary Source · SEC.gov

EquityMultiple 186, LLC

CIK 0001965946Single-Deal SPV2023 vintage506(c)
EquityMultipleFull Review

Raised

$2M

Investors

111

Min Invest

$20,000

AltStreet Analysis

·

Generated from EDGAR primary sources

EquityMultiple 186, LLC is a Delaware SPV filed by Charles Clinton and Marious Sjulsen that raised $2.0M from 111 investors under Rule 506(c) with a $20K minimum investment. The filing date is April 20, 2023, with no first sale date disclosed. This entity is part of the EquityMultiple real estate crowdfunding platform, which has 137 related EDGAR entities.

This real estate offering employs a 506(c) exemption with a $20K minimum, positioning it in the accessible institutional tier typical of online real estate platforms. The $18K average check size across 111 investors reflects a crowdfunded distribution model common to fractional commercial real estate investments.

Data Flags

total_amount_sold / num_investorsAverage investment of approximately $18K is very close to the $20K minimum, suggesting most investors committed at or near the floor
sales_commissionsNo sales commissions disclosed on a 506(c) offering with 111 investors, unusual for a deal requiring general solicitation and broad investor acquisition
first_sale_dateFirst sale date not disclosed on a $2.0M raise with 111 investors already committed, suggesting potential late filing or incomplete disclosure

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001965946
Entity NameEquityMultiple 186, LLC
Exemption506(c)
First Sale Date—
Filing DateApril 20, 2023
Accession Number0001965946-23-000001
Total Amount Sold$2M
Total Investors111
Minimum Investment$20,000
Securities TypeEquity
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Charles Clinton

Executive Officer · NEW YORK, NY

Marious Sjulsen

Executive Officer · NEW YORK, NY

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.