HGI K45 Select, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Jun 6, 2018, it has sold $9,825,000 of interests to 17 investors since its first sale in May 2018. 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 Managing Co., LLC HGI AIF K45; Saul Lubetski; Thomas Litton.
- Total raised
- $9,825,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- May 25, 2018
- 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
- Managing Co., LLC HGI AIF K45; Saul Lubetski; Thomas Litton
- Latest Form D
- Jun 6, 2018
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 K45 Select, LLC
What is the minimum investment for HGI K45 Select, LLC?
According to its latest Form D, filed Jun 6, 2018, the minimum investment HGI K45 Select, LLC accepts from an outside investor is $50,000.
Who can invest in HGI K45 Select, LLC?
HGI K45 Select, 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 K45 Select, LLC raised?
HGI K45 Select, LLC reports $9,825,000 sold from 17 investors on its Form D filed Jun 6, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is HGI K45 Select, LLC based?
HGI K45 Select, LLC is based in Norfolk, Virginia.
When did HGI K45 Select, LLC launch?
HGI K45 Select, LLC reports its first sale in May 2018.
Size compared with every real estate fund
Raised more than 85% of the 142 real estate funds based in Virginia, and more than 78% of all 7,350 that report sales.