AltMountain

HZ Crestone DST

Status: no Form D since Dec 2022. 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.

HZ Crestone DST is a real estate fund based in San Francisco, California. According to its most recent Form D, filed Dec 22, 2022, it has sold $24,485,904 of interests to 14 investors since its first sale in Dec 2022. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include HZ Crestone DST Manager, LLC; Delaware Trust Company; HZ Perpetual Income Fund OP, LLC.

Total raised
$24,485,904Cumulative sales reported on Form D
Investors
14
First sale
Dec 2, 2022
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
HZ Crestone DST Manager, LLC; Delaware Trust Company; HZ Perpetual Income Fund OP, LLC
Latest Form D
Dec 22, 2022

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 HZ Crestone DST

What is the minimum investment for HZ Crestone DST?

According to its latest Form D, filed Dec 22, 2022, the minimum investment HZ Crestone DST accepts from an outside investor is $25,000.

Who can invest in HZ Crestone DST?

HZ Crestone DST 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 HZ Crestone DST raised?

HZ Crestone DST reports $24,485,904 sold from 14 investors on its Form D filed Dec 22, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is HZ Crestone DST based?

HZ Crestone DST is based in San Francisco, California.

When did HZ Crestone DST launch?

HZ Crestone DST reports its first sale in Dec 2022.

Size compared with every real estate fund

Raised more than 88% of the 1,095 real estate funds based in California, and more than 89% of all 7,349 that report sales.

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