AltMountain

53 State REIT, L.P.

Boston, MA · CIK 1763640
Status: no Form D since Jan 2019. 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.

53 State REIT, L.P. is a real estate fund based in Boston, Massachusetts. According to its most recent Form D, filed Jan 8, 2019, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2019. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include 53 State GP LLC.

Total raised
$125,000Cumulative sales reported on Form D
Investors
125
First sale
Jan 4, 2019
Minimum investment
$1,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
53 State GP LLC
Latest Form D
Jan 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 53 State REIT, L.P.

What is the minimum investment for 53 State REIT, L.P.?

According to its latest Form D, filed Jan 8, 2019, the minimum investment 53 State REIT, L.P. accepts from an outside investor is $1,000.

Who can invest in 53 State REIT, L.P.?

53 State REIT, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has 53 State REIT, L.P. raised?

53 State REIT, L.P. reports $125,000 sold from 125 investors on its Form D filed Jan 8, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is 53 State REIT, L.P. based?

53 State REIT, L.P. is based in Boston, Massachusetts.

When did 53 State REIT, L.P. launch?

53 State REIT, L.P. reports its first sale in Jan 2019.

Size compared with every real estate fund

Raised more than 23% of the 214 real estate funds based in Massachusetts, and more than 8% of all 7,351 that report sales.

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