Hgi Kf117, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Aug 4, 2021, it has sold $22,853,470 of interests to 46 investors since its first sale in Jul 2021. The minimum investment it accepts from an outside investor is $3,000. 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; Managing Co., LLC HGI KF117; Thomas Litton, Jr.
- Total raised
- $22,853,470Cumulative sales reported on Form D
- Investors
- 46
- First sale
- Jul 29, 2021
- Minimum investment
- $3,000
- 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; Managing Co., LLC HGI KF117; Thomas Litton, Jr
- Latest Form D
- Aug 4, 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 Kf117, LLC
What is the minimum investment for Hgi Kf117, LLC?
According to its latest Form D, filed Aug 4, 2021, the minimum investment Hgi Kf117, LLC accepts from an outside investor is $3,000.
Who can invest in Hgi Kf117, LLC?
Hgi Kf117, 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 Kf117, LLC raised?
Hgi Kf117, LLC reports $22,853,470 sold from 46 investors on its Form D filed Aug 4, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Hgi Kf117, LLC based?
Hgi Kf117, LLC is based in Norfolk, Virginia.
When did Hgi Kf117, LLC launch?
Hgi Kf117, LLC reports its first sale in Jul 2021.
Size compared with every real estate fund
Raised more than 97% of the 142 real estate funds based in Virginia, and more than 88% of all 7,350 that report sales.