AltMountain

CIP SHR 1 Preferred, LLC

Morristown, NJ · CIK 1789699
Status: no Form D since Oct 2019. 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.

CIP SHR 1 Preferred, LLC is a real estate fund based in Morristown, New Jersey. According to its most recent Form D, filed Oct 15, 2019, it has sold $6,160,000 of interests to 14 investors since its first sale in Sep 2019. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include CIP SHR Manager, LLC; Community Investment Partners, LLC; David Placek.

Total raised
$6,160,000Cumulative sales reported on Form D
Investors
14
First sale
Sep 10, 2019
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
CIP SHR Manager, LLC; Community Investment Partners, LLC; David Placek
Latest Form D
Oct 15, 2019

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 CIP SHR 1 Preferred, LLC

What is the minimum investment for CIP SHR 1 Preferred, LLC?

According to its latest Form D, filed Oct 15, 2019, the minimum investment CIP SHR 1 Preferred, LLC accepts from an outside investor is $50,000.

Who can invest in CIP SHR 1 Preferred, LLC?

CIP SHR 1 Preferred, LLC 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 CIP SHR 1 Preferred, LLC raised?

CIP SHR 1 Preferred, LLC reports $6,160,000 sold from 14 investors on its Form D filed Oct 15, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is CIP SHR 1 Preferred, LLC based?

CIP SHR 1 Preferred, LLC is based in Morristown, New Jersey.

When did CIP SHR 1 Preferred, LLC launch?

CIP SHR 1 Preferred, LLC reports its first sale in Sep 2019.

Size compared with every real estate fund

Raised more than 76% of the 118 real estate funds based in New Jersey, and more than 70% of all 7,316 that report sales.

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