CHMI Sub-REIT, Inc.
CHMI Sub-REIT, Inc. is a real estate fund based in Farmingdale, New Jersey. According to its most recent Form D, filed Oct 7, 2020, it has sold $125,000 of interests to 125 investors since its first sale in Oct 2020. 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 Michael Hutchby; Jeffrey Lown; Robert Wipperman.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Oct 5, 2020
- 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
- Michael Hutchby; Jeffrey Lown; Robert Wipperman
- Latest Form D
- Oct 7, 2020
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 CHMI Sub-REIT, Inc.
What is the minimum investment for CHMI Sub-REIT, Inc.?
According to its latest Form D, filed Oct 7, 2020, the minimum investment CHMI Sub-REIT, Inc. accepts from an outside investor is $1,000.
Who can invest in CHMI Sub-REIT, Inc.?
CHMI Sub-REIT, Inc. 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 CHMI Sub-REIT, Inc. raised?
CHMI Sub-REIT, Inc. reports $125,000 sold from 125 investors on its Form D filed Oct 7, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is CHMI Sub-REIT, Inc. based?
CHMI Sub-REIT, Inc. is based in Farmingdale, New Jersey.
When did CHMI Sub-REIT, Inc. launch?
CHMI Sub-REIT, Inc. reports its first sale in Oct 2020.
Size compared with every real estate fund
Raised more than 36% of the 119 real estate funds based in New Jersey, and more than 8% of all 7,311 that report sales.