HGI KF62 Select, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Jul 17, 2019, it has sold $21,826,000 of interests to 103 investors since its first sale in May 2019. The minimum investment it accepts from an outside investor is $5,000. 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 Pinchas Mendlovic; Jay Zwiebel; Saul Lubetski.
- Total raised
- $21,826,000Cumulative sales reported on Form D
- Investors
- 103
- First sale
- May 31, 2019
- Minimum investment
- $5,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pinchas Mendlovic; Jay Zwiebel; Saul Lubetski
- Latest Form D
- Jul 17, 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 KF62 Select, LLC
What is the minimum investment for HGI KF62 Select, LLC?
According to its latest Form D, filed Jul 17, 2019, the minimum investment HGI KF62 Select, LLC accepts from an outside investor is $5,000.
Who can invest in HGI KF62 Select, LLC?
HGI KF62 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 KF62 Select, LLC raised?
HGI KF62 Select, LLC reports $21,826,000 sold from 103 investors on its Form D filed Jul 17, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is HGI KF62 Select, LLC based?
HGI KF62 Select, LLC is based in Norfolk, Virginia.
When did HGI KF62 Select, LLC launch?
HGI KF62 Select, LLC reports its first sale in May 2019.
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.