Chicago Suburban Distribution, LLC is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Feb 9, 2016, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2016. 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 Robert Vicente; DeWitt Hicks III; Steve Parker.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 28, 2016
- 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
- Robert Vicente; DeWitt Hicks III; Steve Parker
- Latest Form D
- Feb 9, 2016
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 Chicago Suburban Distribution, LLC
What is the minimum investment for Chicago Suburban Distribution, LLC?
According to its latest Form D, filed Feb 9, 2016, the minimum investment Chicago Suburban Distribution, LLC accepts from an outside investor is $1,000.
Who can invest in Chicago Suburban Distribution, LLC?
Chicago Suburban Distribution, 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 Chicago Suburban Distribution, LLC raised?
Chicago Suburban Distribution, LLC reports $125,000 sold from 125 investors on its Form D filed Feb 9, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Chicago Suburban Distribution, LLC based?
Chicago Suburban Distribution, LLC is based in Dallas, Texas.
When did Chicago Suburban Distribution, LLC launch?
Chicago Suburban Distribution, LLC reports its first sale in Jan 2016.
Size compared with every real estate fund
Raised more than 32% of the 1,420 real estate funds based in Texas, and more than 8% of all 7,351 that report sales.