AltMountain

28th Street Apts, LLC

Chicago, IL · CIK 2013696 · Sponsor: SMB Equity, LLC
Status: no Form D since Mar 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

28th Street Apts, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Mar 4, 2024, it has sold $3,415,000 of interests to 79 investors since its first sale in Feb 2024. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include SNJL, LLC; MHSR, LLC; Sherwin Jarol.

Total raised
$3,415,000Cumulative sales reported on Form D
Investors
79
First sale
Feb 1, 2024
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
SNJL, LLC; MHSR, LLC; Sherwin Jarol
Latest Form D
Mar 4, 2024

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 28th Street Apts, LLC

What is the minimum investment for 28th Street Apts, LLC?

28th Street Apts, LLC's latest Form D, filed Mar 4, 2024, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in 28th Street Apts, LLC?

28th Street Apts, 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 28th Street Apts, LLC raised?

28th Street Apts, LLC reports $3,415,000 sold from 79 investors on its Form D filed Mar 4, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is 28th Street Apts, LLC based?

28th Street Apts, LLC is based in Chicago, Illinois.

When did 28th Street Apts, LLC launch?

28th Street Apts, LLC reports its first sale in Feb 2024.

Size compared with every real estate fund

Raised more than 69% of the 479 real estate funds based in Illinois, and more than 58% of all 7,321 that report sales.

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