Garden State I, LP is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Sep 21, 2021, it has sold $10,500,000 of interests to 3 investors since its first sale in Aug 2021. The minimum investment it accepts from an outside investor is $500,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Thomas Litton, Jr; Holdings GP, LLC Garden State; Managing Co. GP, LP Garden State.
- Total raised
- $10,500,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Aug 31, 2021
- Minimum investment
- $500,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Thomas Litton, Jr; Holdings GP, LLC Garden State; Managing Co. GP, LP Garden State
- Latest Form D
- Sep 21, 2021
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 Garden State I, LP
What is the minimum investment for Garden State I, LP?
According to its latest Form D, filed Sep 21, 2021, the minimum investment Garden State I, LP accepts from an outside investor is $500,000.
Who can invest in Garden State I, LP?
Garden State I, LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Garden State I, LP raised?
Garden State I, LP reports $10,500,000 sold from 3 investors on its Form D filed Sep 21, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Garden State I, LP based?
Garden State I, LP is based in Norfolk, Virginia.
When did Garden State I, LP launch?
Garden State I, LP reports its first sale in Aug 2021.
Size compared with every real estate fund
Raised more than 90% of the 141 real estate funds based in Virginia, and more than 79% of all 7,321 that report sales.