AltMountain

BG Sm Apts LLC

Hicksville, NY · CIK 1867425
506(c)
Status: no Form D since Jun 2021. 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.

BG Sm Apts LLC is a real estate fund based in Hicksville, New York. According to its most recent Form D, filed Jun 14, 2021, it has sold $6,550,000 of interests to 87 investors since its first sale in May 2021. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Sumeet Datt; Jagmohan Gandhi; Kalpesh Shah.

Total raised
$6,550,000Cumulative sales reported on Form D
Investors
87
First sale
May 26, 2021
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Sumeet Datt; Jagmohan Gandhi; Kalpesh Shah
Latest Form D
Jun 14, 2021

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 BG Sm Apts LLC

What is the minimum investment for BG Sm Apts LLC?

According to its latest Form D, filed Jun 14, 2021, the minimum investment BG Sm Apts LLC accepts from an outside investor is $25,000.

Who can invest in BG Sm Apts LLC?

BG Sm Apts LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has BG Sm Apts LLC raised?

BG Sm Apts LLC reports $6,550,000 sold from 87 investors on its Form D filed Jun 14, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is BG Sm Apts LLC based?

BG Sm Apts LLC is based in Hicksville, New York.

When did BG Sm Apts LLC launch?

BG Sm Apts LLC reports its first sale in May 2021.

Size compared with every real estate fund

Raised more than 80% of the 810 real estate funds based in New York, and more than 71% of all 7,321 that report sales.

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