A Raleigh-based apartment developer has raised $15.8 million, according to a Securities and Exchange Commission form D filing Friday.

Chaucer Creek Capital LLC, under the issuer name CCC Flats on Front LLC —which shares the name of the firm’s latest development in downtown Wilmington — sourced the capital from 64 investors. The minimum contribution was $25,000.

An estimated $35 million complex with 300 units of luxury multifamily product, Flats on Front will feature one- and two-bedroom units, which are expected to lease between $1,200 and $1,800, respectively.

Since its founding in 2009, Chaucer Creek has acquired or developed over 30,000 multifamily units across the Southeast, and segments itself through a strategy of property investment in high-barrier markets.

The firm’s founder, William McClatchy, is listed as a related person on the filing, which did not elaborate on the intended use of the funds raised.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.