AltMountain

Hgi Kj24, LLC

Norfolk, VA · CIK 1781848
Status: no Form D since Jul 2019. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Hgi Kj24, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Jul 12, 2019, it has sold $7,408,911 of interests to 46 investors since its first sale in Jun 2019. The minimum investment it accepts from an outside investor is $15,000. 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 Saul Lubetski; Thomas Litton, Jr; Jay Zwiebel.

Total raised
$7,408,911Cumulative sales reported on Form D
Investors
46
First sale
Jun 28, 2019
Minimum investment
$15,000
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
Saul Lubetski; Thomas Litton, Jr; Jay Zwiebel
Latest Form D
Jul 12, 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 Kj24, LLC

What is the minimum investment for Hgi Kj24, LLC?

According to its latest Form D, filed Jul 12, 2019, the minimum investment Hgi Kj24, LLC accepts from an outside investor is $15,000.

Who can invest in Hgi Kj24, LLC?

Hgi Kj24, 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 Kj24, LLC raised?

Hgi Kj24, LLC reports $7,408,911 sold from 46 investors on its Form D filed Jul 12, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Hgi Kj24, LLC based?

Hgi Kj24, LLC is based in Norfolk, Virginia.

When did Hgi Kj24, LLC launch?

Hgi Kj24, LLC reports its first sale in Jun 2019.

Size compared with every real estate fund

Raised more than 78% of the 141 real estate funds based in Virginia, and more than 73% of all 7,321 that report sales.

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