AltMountain

HB Westplan LLC

Seattle, WA · CIK 1971739
Status: no Form D since Apr 2023. 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.

HB Westplan LLC is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed Apr 4, 2023, it has sold $6,650,000 of interests to 5 investors since its first sale in Mar 2023. 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 HB Capital LLC HB Capital LLC; HB Management LLC HB Management LLC; Edward Hewson III.

Total raised
$6,650,000Cumulative sales reported on Form D
Investors
5
First sale
Mar 21, 2023
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
HB Capital LLC HB Capital LLC; HB Management LLC HB Management LLC; Edward Hewson III
Latest Form D
Apr 4, 2023

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 HB Westplan LLC

What is the minimum investment for HB Westplan LLC?

HB Westplan LLC's latest Form D, filed Apr 4, 2023, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in HB Westplan LLC?

HB Westplan 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 HB Westplan LLC raised?

HB Westplan LLC reports $6,650,000 sold from 5 investors on its Form D filed Apr 4, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is HB Westplan LLC based?

HB Westplan LLC is based in Seattle, Washington.

When did HB Westplan LLC launch?

HB Westplan LLC reports its first sale in Mar 2023.

Size compared with every real estate fund

Raised more than 83% of the 284 real estate funds based in Washington, and more than 71% of all 7,322 that report sales.

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