AltMountain

Hobson Pike Development LLC

Minneapolis, MN · CIK 1837119
Status: no Form D since Dec 2020. 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.

Hobson Pike Development LLC is a real estate fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Dec 29, 2020, it has sold $125,000 of interests to 125 investors since its first sale in Dec 2020. The minimum investment it accepts from an outside investor is $1,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Judd Gilats; Matthew Cimino; Scott Frederiksen.

Total raised
$125,000Cumulative sales reported on Form D
Investors
125
First sale
Dec 18, 2020
Minimum investment
$1,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Judd Gilats; Matthew Cimino; Scott Frederiksen
Latest Form D
Dec 29, 2020

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 Hobson Pike Development LLC

What is the minimum investment for Hobson Pike Development LLC?

According to its latest Form D, filed Dec 29, 2020, the minimum investment Hobson Pike Development LLC accepts from an outside investor is $1,000.

Who can invest in Hobson Pike Development LLC?

Hobson Pike Development LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.

How much has Hobson Pike Development LLC raised?

Hobson Pike Development LLC reports $125,000 sold from 125 investors on its Form D filed Dec 29, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Hobson Pike Development LLC based?

Hobson Pike Development LLC is based in Minneapolis, Minnesota.

When did Hobson Pike Development LLC launch?

Hobson Pike Development LLC reports its first sale in Dec 2020.

Size compared with every real estate fund

Raised more than 30% of the 194 real estate funds based in Minnesota, and more than 8% of all 7,311 that report sales.

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