AltMountain

Big Mg 116 LLC

Temple, TX · CIK 1967441
Status: no Form D since Apr 2023. 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.

Big Mg 116 LLC is a real estate fund based in Temple, Texas. According to its most recent Form D, filed Apr 6, 2023, it has sold $5,950,000 of interests to 48 investors since its first sale in Mar 2023. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Evan Burke.

Total raised
$5,950,000Cumulative sales reported on Form D
Investors
48
First sale
Mar 23, 2023
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Evan Burke
Latest Form D
Apr 6, 2023

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 Big Mg 116 LLC

What is the minimum investment for Big Mg 116 LLC?

According to its latest Form D, filed Apr 6, 2023, the minimum investment Big Mg 116 LLC accepts from an outside investor is $100,000.

Who can invest in Big Mg 116 LLC?

Big Mg 116 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 Big Mg 116 LLC raised?

Big Mg 116 LLC reports $5,950,000 sold from 48 investors on its Form D filed Apr 6, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Big Mg 116 LLC based?

Big Mg 116 LLC is based in Temple, Texas.

When did Big Mg 116 LLC launch?

Big Mg 116 LLC reports its first sale in Mar 2023.

Size compared with every real estate fund

Raised more than 78% of the 1,412 real estate funds based in Texas, and more than 69% of all 7,316 that report sales.

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