AltMountain

Bin - Class a QP LLC

Charlotte, NC · CIK 1959281
Status: no Form D since Jan 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.

Bin - Class a QP LLC is a real estate fund based in Charlotte, North Carolina. According to its most recent Form D, filed Jan 11, 2023, it has sold $72,840,000 of interests to 77 investors since its first sale in Jan 2023. The minimum investment it accepts from an outside investor is $25,000. 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 Michael Harrell; Beacon GP LLC; Edward Weisiger, Jr.

Total raised
$72,840,000Cumulative sales reported on Form D
Investors
77
First sale
Jan 1, 2023
Minimum investment
$25,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Michael Harrell; Beacon GP LLC; Edward Weisiger, Jr
Latest Form D
Jan 11, 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 Bin - Class a QP LLC

What is the minimum investment for Bin - Class a QP LLC?

According to its latest Form D, filed Jan 11, 2023, the minimum investment Bin - Class a QP LLC accepts from an outside investor is $25,000.

Who can invest in Bin - Class a QP LLC?

Bin - Class a QP LLC 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 Bin - Class a QP LLC raised?

Bin - Class a QP LLC reports $72,840,000 sold from 77 investors on its Form D filed Jan 11, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is Bin - Class a QP LLC based?

Bin - Class a QP LLC is based in Charlotte, North Carolina.

When did Bin - Class a QP LLC launch?

Bin - Class a QP LLC reports its first sale in Jan 2023.

Size compared with every real estate fund

Raised more than 99% of the 294 real estate funds based in North Carolina, and more than 96% of all 7,322 that report sales.

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