GK Development Properties LLC is a real estate fund based in New Lenox, Illinois. According to its most recent Form D, filed Feb 20, 2025, it has sold $6,000,000 of interests to 5 investors since its first sale in Jan 2025. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Roberto Gutierrez.
- Total raised
- $6,000,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jan 22, 2025
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Roberto Gutierrez
- Latest Form D
- Feb 20, 2025
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 GK Development Properties LLC
What is the minimum investment for GK Development Properties LLC?
GK Development Properties LLC's latest Form D, filed Feb 20, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in GK Development Properties LLC?
GK Development Properties 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 GK Development Properties LLC raised?
GK Development Properties LLC reports $6,000,000 sold from 5 investors on its Form D filed Feb 20, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is GK Development Properties LLC based?
GK Development Properties LLC is based in New Lenox, Illinois.
When did GK Development Properties LLC launch?
GK Development Properties LLC reports its first sale in Jan 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 74% of the 481 real estate funds based in Illinois, and more than 69% of all 7,351 that report sales.