Hgi K131, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Oct 29, 2021, it has sold $461,031 of interests to 7 investors since its first sale in Oct 2021. The minimum investment it accepts from an outside investor is $20,000. 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 Jordan Slone; Thomas Litton, Jr; Managing Co., LLC HGI K131.
- Total raised
- $461,031Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Oct 25, 2021
- Minimum investment
- $20,000
- 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
- Jordan Slone; Thomas Litton, Jr; Managing Co., LLC HGI K131
- Latest Form D
- Oct 29, 2021
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 K131, LLC
What is the minimum investment for Hgi K131, LLC?
According to its latest Form D, filed Oct 29, 2021, the minimum investment Hgi K131, LLC accepts from an outside investor is $20,000.
Who can invest in Hgi K131, LLC?
Hgi K131, 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 K131, LLC raised?
Hgi K131, LLC reports $461,031 sold from 7 investors on its Form D filed Oct 29, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Hgi K131, LLC based?
Hgi K131, LLC is based in Norfolk, Virginia.
When did Hgi K131, LLC launch?
Hgi K131, LLC reports its first sale in Oct 2021.
Size compared with every real estate fund
Raised more than 43% of the 142 real estate funds based in Virginia, and more than 23% of all 7,350 that report sales.