BP/DC Properties, Inc. is a real estate fund based in Boston, Massachusetts. According to its most recent Form D, filed Nov 21, 2024, it has sold $119,000 of interests to 119 investors since its first sale in Nov 2024. The minimum investment it accepts from an outside investor is $1,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Michael LaBelle; Eric Kevorkian; Douglas Linde.
- Total raised
- $119,000Cumulative sales reported on Form D
- Investors
- 119
- First sale
- Nov 14, 2024
- Minimum investment
- $1,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael LaBelle; Eric Kevorkian; Douglas Linde
- Latest Form D
- Nov 21, 2024
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 BP/DC Properties, Inc.
What is the minimum investment for BP/DC Properties, Inc.?
According to its latest Form D, filed Nov 21, 2024, the minimum investment BP/DC Properties, Inc. accepts from an outside investor is $1,000.
Who can invest in BP/DC Properties, Inc.?
BP/DC Properties, Inc. 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 BP/DC Properties, Inc. raised?
BP/DC Properties, Inc. reports $119,000 sold from 119 investors on its Form D filed Nov 21, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is BP/DC Properties, Inc. based?
BP/DC Properties, Inc. is based in Boston, Massachusetts.
When did BP/DC Properties, Inc. launch?
BP/DC Properties, Inc. reports its first sale in Nov 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 22% of the 212 real estate funds based in Massachusetts, and more than 6% of all 7,350 that report sales.