HGI AIF Select VII, LLC
HGI AIF Select VII, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Jan 5, 2017, it has sold $3,000,000 of interests to 6 investors since its first sale in Dec 2016. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Saul Lubetski; Thomas Litton, Jr; Pinchas Mendlovic.
- Total raised
- $3,000,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Dec 23, 2016
- Minimum investment
- $50,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Saul Lubetski; Thomas Litton, Jr; Pinchas Mendlovic
- Latest Form D
- Jan 5, 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 HGI AIF Select VII, LLC
What is the minimum investment for HGI AIF Select VII, LLC?
According to its latest Form D, filed Jan 5, 2017, the minimum investment HGI AIF Select VII, LLC accepts from an outside investor is $50,000.
Who can invest in HGI AIF Select VII, LLC?
HGI AIF Select VII, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has HGI AIF Select VII, LLC raised?
HGI AIF Select VII, LLC reports $3,000,000 sold from 6 investors on its Form D filed Jan 5, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is HGI AIF Select VII, LLC based?
HGI AIF Select VII, LLC is based in Norfolk, Virginia.
When did HGI AIF Select VII, LLC launch?
HGI AIF Select VII, LLC reports its first sale in Dec 2016.
Size compared with every real estate fund
Raised more than 64% of the 141 real estate funds based in Virginia, and more than 54% of all 7,321 that report sales.