AltMountain

Heroes on 52nd LLC

Dallas, TX · CIK 1806377
Status: no Form D since Aug 2022. 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.

Heroes on 52nd LLC is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Aug 4, 2022, it has sold $3,253,700 of interests to 38 investors since its first sale in Jul 2022. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Lilley.

Total raised
$3,253,700Cumulative sales reported on Form D
Investors
38
First sale
Jul 27, 2022
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
David Lilley
Latest Form D
Aug 4, 2022

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 Heroes on 52nd LLC

What is the minimum investment for Heroes on 52nd LLC?

According to its latest Form D, filed Aug 4, 2022, the minimum investment Heroes on 52nd LLC accepts from an outside investor is $25,000.

Who can invest in Heroes on 52nd LLC?

Heroes on 52nd 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 Heroes on 52nd LLC raised?

Heroes on 52nd LLC reports $3,253,700 sold from 38 investors on its Form D filed Aug 4, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Heroes on 52nd LLC based?

Heroes on 52nd LLC is based in Dallas, Texas.

When did Heroes on 52nd LLC launch?

Heroes on 52nd LLC reports its first sale in Jul 2022.

Size compared with every real estate fund

Raised more than 69% of the 1,420 real estate funds based in Texas, and more than 57% of all 7,351 that report sales.

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