GMI-Property Improvement Plan, LP is a real estate fund based in Westlake, Texas. According to its most recent Form D, filed Jul 11, 2024, it has sold $5,456,500 of interests to 53 investors. 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 Scott Palmer; William Glass.
- Total raised
- $5,456,500Cumulative sales reported on Form D
- Investors
- 53
- First sale
- —
- 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
- Scott Palmer; William Glass
- Latest Form D
- Jul 11, 2024
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 GMI-Property Improvement Plan, LP
What is the minimum investment for GMI-Property Improvement Plan, LP?
GMI-Property Improvement Plan, LP's latest Form D, filed Jul 11, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in GMI-Property Improvement Plan, LP?
GMI-Property Improvement Plan, LP 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 GMI-Property Improvement Plan, LP raised?
GMI-Property Improvement Plan, LP reports $5,456,500 sold from 53 investors on its Form D filed Jul 11, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is GMI-Property Improvement Plan, LP based?
GMI-Property Improvement Plan, LP is based in Westlake, Texas.
Size compared with every real estate fund
Raised more than 77% of the 1,420 real estate funds based in Texas, and more than 67% of all 7,351 that report sales.