HG Beacon II, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Dec 14, 2017, it has sold $45,190,000 of interests to 28 investors since its first sale in Nov 2017. The minimum investment it accepts from an outside investor is $40,000. 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 Pinchas Mendlovic; Jordan Slone; Thomas Litton.
- Total raised
- $45,190,000Cumulative sales reported on Form D
- Investors
- 28
- First sale
- Nov 30, 2017
- Minimum investment
- $40,000
- 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
- Pinchas Mendlovic; Jordan Slone; Thomas Litton
- Latest Form D
- Dec 14, 2017
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 HG Beacon II, LLC
What is the minimum investment for HG Beacon II, LLC?
According to its latest Form D, filed Dec 14, 2017, the minimum investment HG Beacon II, LLC accepts from an outside investor is $40,000.
Who can invest in HG Beacon II, LLC?
HG Beacon II, 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 HG Beacon II, LLC raised?
HG Beacon II, LLC reports $45,190,000 sold from 28 investors on its Form D filed Dec 14, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is HG Beacon II, LLC based?
HG Beacon II, LLC is based in Norfolk, Virginia.
When did HG Beacon II, LLC launch?
HG Beacon II, LLC reports its first sale in Nov 2017.
Size compared with every real estate fund
Raised more than 99% of the 142 real estate funds based in Virginia, and more than 94% of all 7,349 that report sales.