EquityMultiple 198, LLC (CIK 0001975081) — EDGAR Entity Profile

AltStreetEDGAR DatabaseEquityMultipleEquityMultiple 198, LLC
EDGAR Verified
Primary Source · SEC.gov
EquityMultiple 198, LLCCIK 0001975081Single-Deal SPV2023 vintage506(c)
EquityMultipleFull Review
Raised
$2M
Investors
10
Min Invest
$20,000
AltStreet Analysis
·Generated from EDGAR primary sources
EquityMultiple 198, LLC is a Delaware-based single-deal SPV filed by executives Charles Clinton and Marious Sjulsen, raising $2.0M from 10 investors under Rule 506(c). The offering requires a $20K minimum investment and is part of the EquityMultiple real estate platform, which operates 138 related EDGAR entities.
This real estate offering uses the 506(c) exemption allowing general solicitation with accredited-only investors, consistent with platform-aggregated deal structures. The $20K minimum investment represents a lower-barrier entry point typical of crowdfunded real estate SPVs, while the $200K average investor commitment aligns with mid-tier accredited investor participation.
Data Flags
salesCommissionsAmountNo sales commissions disclosed on a 506(c) offering, which typically involves marketing expenses and broker compensation
firstSaleDateFirst sale date not disclosed despite relatively modest raise size and completed offering status
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0001975081
Entity NameEquityMultiple 198, LLC
Exemption506(c)
First Sale Date—
Filing DateNovember 20, 2023
Accession Number0001975081-23-000001
Total Amount Sold$2M
Total Investors10
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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Parent Platform
EquityMultiple
Real Estate - Est. 2015
Min invest$5,000
EligibilityAccredited Only
LiquidityLocked
AuditRegional Firm
Platform default minimum — individual offerings may vary
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EDGAR Links
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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.