HCP Philly I LLC
HCP Philly I LLC is a real estate fund based in Philadelphia, Pennsylvania. According to its most recent Form D, filed Jan 22, 2018, it has sold $3,000,000 of interests to 31 investors since its first sale in Jan 2018. The minimum investment it accepts from an outside investor is $30,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Mark Noble; LLC Heights Capital Partners; Ryan Reich.
- Total raised
- $3,000,000Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Jan 11, 2018
- Minimum investment
- $30,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Mark Noble; LLC Heights Capital Partners; Ryan Reich
- Latest Form D
- Jan 22, 2018
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 HCP Philly I LLC
What is the minimum investment for HCP Philly I LLC?
According to its latest Form D, filed Jan 22, 2018, the minimum investment HCP Philly I LLC accepts from an outside investor is $30,000.
Who can invest in HCP Philly I LLC?
HCP Philly I LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has HCP Philly I LLC raised?
HCP Philly I LLC reports $3,000,000 sold from 31 investors on its Form D filed Jan 22, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is HCP Philly I LLC based?
HCP Philly I LLC is based in Philadelphia, Pennsylvania.
When did HCP Philly I LLC launch?
HCP Philly I LLC reports its first sale in Jan 2018.
Size compared with every real estate fund
Raised more than 57% of the 191 real estate funds based in Pennsylvania, and more than 54% of all 7,311 that report sales.