AltMountain

BFG Lmi II, LLC

Winter Park, FL · CIK 1824017 · Sponsor: Bourne Financial Group, LLC
Status: no Form D since Sep 2020. 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.

BFG Lmi II, LLC is a real estate fund based in Winter Park, Florida. According to its most recent Form D, filed Sep 14, 2020, it has sold $650,000 of interests to 1 investor since its first sale in Sep 2020. The minimum investment it accepts from an outside investor is $500,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Samuel Spears; BFG Murrells Inlet Manager, LLC; Stephen Case.

Total raised
$650,000Cumulative sales reported on Form D
Investors
1
First sale
Sep 14, 2020
Minimum investment
$500,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Samuel Spears; BFG Murrells Inlet Manager, LLC; Stephen Case
Latest Form D
Sep 14, 2020

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 BFG Lmi II, LLC

What is the minimum investment for BFG Lmi II, LLC?

According to its latest Form D, filed Sep 14, 2020, the minimum investment BFG Lmi II, LLC accepts from an outside investor is $500,000.

Who can invest in BFG Lmi II, LLC?

BFG Lmi II, 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 BFG Lmi II, LLC raised?

BFG Lmi II, LLC reports $650,000 sold from 1 investor on its Form D filed Sep 14, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is BFG Lmi II, LLC based?

BFG Lmi II, LLC is based in Winter Park, Florida.

When did BFG Lmi II, LLC launch?

BFG Lmi II, LLC reports its first sale in Sep 2020.

Size compared with every real estate fund

Raised more than 40% of the 611 real estate funds based in Florida, and more than 27% of all 7,351 that report sales.

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