Hgi Ja Kf16, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Feb 19, 2019, it has sold $150,000 of interests to 2 investors since its first sale in Feb 2019. The minimum investment it accepts from an outside investor is $50,000. 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 Managing Co., LLC HGI AIF KF16; Jordan Slone; Pinchas Mendlovic.
- Total raised
- $150,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Feb 8, 2019
- Minimum investment
- $50,000
- 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
- Managing Co., LLC HGI AIF KF16; Jordan Slone; Pinchas Mendlovic
- Latest Form D
- Feb 19, 2019
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 Ja Kf16, LLC
What is the minimum investment for Hgi Ja Kf16, LLC?
According to its latest Form D, filed Feb 19, 2019, the minimum investment Hgi Ja Kf16, LLC accepts from an outside investor is $50,000.
Who can invest in Hgi Ja Kf16, LLC?
Hgi Ja Kf16, 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 Hgi Ja Kf16, LLC raised?
Hgi Ja Kf16, LLC reports $150,000 sold from 2 investors on its Form D filed Feb 19, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Hgi Ja Kf16, LLC based?
Hgi Ja Kf16, LLC is based in Norfolk, Virginia.
When did Hgi Ja Kf16, LLC launch?
Hgi Ja Kf16, LLC reports its first sale in Feb 2019.
Size compared with every real estate fund
Raised more than 38% of the 141 real estate funds based in Virginia, and more than 16% of all 7,321 that report sales.