Hanil Development, Inc.
Hanil Development, Inc. is a real estate fund based in Los Angeles. According to its most recent Form D, filed Jan 8, 2019, it has sold $2,000,000 of interests to 1 investor since its first sale in Dec 2018. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Yun Kyeong Kim; Young Min Park; Young Ho Sohn.
- Total raised
- $2,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Dec 11, 2018
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Yun Kyeong Kim; Young Min Park; Young Ho Sohn
- Latest Form D
- Jan 8, 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 Hanil Development, Inc.
What is the minimum investment for Hanil Development, Inc.?
Hanil Development, Inc.'s latest Form D, filed Jan 8, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Hanil Development, Inc.?
Hanil Development, Inc. 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 Hanil Development, Inc. raised?
Hanil Development, Inc. reports $2,000,000 sold from 1 investor on its Form D filed Jan 8, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Hanil Development, Inc. based?
Hanil Development, Inc. is based in Los Angeles.
When did Hanil Development, Inc. launch?
Hanil Development, Inc. reports its first sale in Dec 2018.