Hgi Kfb VII, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Jan 5, 2017, it has sold $12,713,300 of interests to 89 investors since its first sale in Dec 2016. The minimum investment it accepts from an outside investor is $2,500. 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 Pinchas Mendlovic; Jay Zwiebel; LLC HGI AIF VII Managing Co.
- Total raised
- $12,713,300Cumulative sales reported on Form D
- Investors
- 89
- First sale
- Dec 23, 2016
- Minimum investment
- $2,500
- 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
- Pinchas Mendlovic; Jay Zwiebel; LLC HGI AIF VII Managing Co
- Latest Form D
- Jan 5, 2017
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 Kfb VII, LLC
What is the minimum investment for Hgi Kfb VII, LLC?
According to its latest Form D, filed Jan 5, 2017, the minimum investment Hgi Kfb VII, LLC accepts from an outside investor is $2,500.
Who can invest in Hgi Kfb VII, LLC?
Hgi Kfb VII, 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 Kfb VII, LLC raised?
Hgi Kfb VII, LLC reports $12,713,300 sold from 89 investors on its Form D filed Jan 5, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Hgi Kfb VII, LLC based?
Hgi Kfb VII, LLC is based in Norfolk, Virginia.
When did Hgi Kfb VII, LLC launch?
Hgi Kfb VII, LLC reports its first sale in Dec 2016.
Size compared with every real estate fund
Raised more than 93% of the 141 real estate funds based in Virginia, and more than 82% of all 7,316 that report sales.