AltMountain

Gi Property 56 LLC

Beverly Hill, CA · CIK 1927158 · Sponsor: GI Property
506(c)
Status: no Form D since Jun 2022. 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.

Gi Property 56 LLC is a real estate fund based in Beverly Hill, California. According to its most recent Form D, filed Jun 7, 2022, it has sold $747,000 of interests to 14 investors since its first sale in Jun 2022. The filing does not set a minimum investment. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Dan Gatsby.

Total raised
$747,000Cumulative sales reported on Form D
Investors
14
First sale
Jun 1, 2022
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Dan Gatsby
Latest Form D
Jun 7, 2022

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 Gi Property 56 LLC

What is the minimum investment for Gi Property 56 LLC?

Gi Property 56 LLC's latest Form D, filed Jun 7, 2022, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Gi Property 56 LLC?

Gi Property 56 LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has Gi Property 56 LLC raised?

Gi Property 56 LLC reports $747,000 sold from 14 investors on its Form D filed Jun 7, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Gi Property 56 LLC based?

Gi Property 56 LLC is based in Beverly Hill, California.

When did Gi Property 56 LLC launch?

Gi Property 56 LLC reports its first sale in Jun 2022.

Size compared with every real estate fund

Raised more than 46% of the 1,089 real estate funds based in California, and more than 28% of all 7,316 that report sales.

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