Hgi Kf98, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Feb 19, 2021, it has sold $9,291,819 of interests to 38 investors since its first sale in Feb 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 Jay Zwiebel; Pinchas Mendlovic; Saul Lubetski.
- Total raised
- $9,291,819Cumulative sales reported on Form D
- Investors
- 38
- First sale
- Feb 11, 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
- Jay Zwiebel; Pinchas Mendlovic; Saul Lubetski
- Latest Form D
- Feb 19, 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 Kf98, LLC
What is the minimum investment for Hgi Kf98, LLC?
According to its latest Form D, filed Feb 19, 2021, the minimum investment Hgi Kf98, LLC accepts from an outside investor is $3,000.
Who can invest in Hgi Kf98, LLC?
Hgi Kf98, 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 Kf98, LLC raised?
Hgi Kf98, LLC reports $9,291,819 sold from 38 investors on its Form D filed Feb 19, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Hgi Kf98, LLC based?
Hgi Kf98, LLC is based in Norfolk, Virginia.
When did Hgi Kf98, LLC launch?
Hgi Kf98, LLC reports its first sale in Feb 2021.
Size compared with every real estate fund
Raised more than 85% of the 142 real estate funds based in Virginia, and more than 77% of all 7,349 that report sales.