CGMT Parallel REIT, L.P. is a real estate fund based in New York, New York. According to its most recent Form D, filed Nov 9, 2017, it has sold $125,000 of interests to 125 investors since its first sale in Nov 2017. The minimum investment it accepts from an outside investor is $1,000. 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 Stephen Furnary; Clarion Gables Multifamily Trust Parallel Fund, L.P; Susan Ansel.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Nov 3, 2017
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Stephen Furnary; Clarion Gables Multifamily Trust Parallel Fund, L.P; Susan Ansel
- Latest Form D
- Nov 9, 2017
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 CGMT Parallel REIT, L.P.
What is the minimum investment for CGMT Parallel REIT, L.P.?
According to its latest Form D, filed Nov 9, 2017, the minimum investment CGMT Parallel REIT, L.P. accepts from an outside investor is $1,000.
Who can invest in CGMT Parallel REIT, L.P.?
CGMT Parallel REIT, L.P. 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 CGMT Parallel REIT, L.P. raised?
CGMT Parallel REIT, L.P. reports $125,000 sold from 125 investors on its Form D filed Nov 9, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is CGMT Parallel REIT, L.P. based?
CGMT Parallel REIT, L.P. is based in New York, New York.
When did CGMT Parallel REIT, L.P. launch?
CGMT Parallel REIT, L.P. reports its first sale in Nov 2017.
Size compared with every real estate fund
Raised more than 27% of the 813 real estate funds based in New York, and more than 8% of all 7,350 that report sales.