HG Parkline, LP is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Mar 28, 2022, it has sold $5,350,000 of interests to 2 investors since its first sale in Mar 2022. The minimum investment it accepts from an outside investor is $350,000. 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 Thomas Litton, Jr; Managing Co. GP, LP ParkLine Holdings; Pinchas Mendlovic.
- Total raised
- $5,350,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Mar 15, 2022
- Minimum investment
- $350,000
- 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
- Thomas Litton, Jr; Managing Co. GP, LP ParkLine Holdings; Pinchas Mendlovic
- Latest Form D
- Mar 28, 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 HG Parkline, LP
What is the minimum investment for HG Parkline, LP?
According to its latest Form D, filed Mar 28, 2022, the minimum investment HG Parkline, LP accepts from an outside investor is $350,000.
Who can invest in HG Parkline, LP?
HG Parkline, LP 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 Parkline, LP raised?
HG Parkline, LP reports $5,350,000 sold from 2 investors on its Form D filed Mar 28, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is HG Parkline, LP based?
HG Parkline, LP is based in Norfolk, Virginia.
When did HG Parkline, LP launch?
HG Parkline, LP reports its first sale in Mar 2022.
Size compared with every real estate fund
Raised more than 74% of the 141 real estate funds based in Virginia, and more than 67% of all 7,351 that report sales.