AltMountain

MK Bonita Development Fund LLC

Bonita Springs, FL · CIK 2007176
506(c)
Status: no Form D since Jan 2024. 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.

MK Bonita Development Fund LLC is a real estate fund based in Bonita Springs, Florida. According to its most recent Form D, filed Jan 10, 2024, it has sold $4,825,000 of interests to 9 investors since its first sale in Aug 2023. The minimum investment it accepts from an outside investor is $125,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Richard Kennedy; Kyle Moran.

Total raised
$4,825,000Cumulative sales reported on Form D
Investors
9
First sale
Aug 4, 2023
Minimum investment
$125,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Richard Kennedy; Kyle Moran
Latest Form D
Jan 10, 2024

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 MK Bonita Development Fund LLC

What is the minimum investment for MK Bonita Development Fund LLC?

According to its latest Form D, filed Jan 10, 2024, the minimum investment MK Bonita Development Fund LLC accepts from an outside investor is $125,000.

Who can invest in MK Bonita Development Fund LLC?

MK Bonita Development Fund LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has MK Bonita Development Fund LLC raised?

MK Bonita Development Fund LLC reports $4,825,000 sold from 9 investors on its Form D filed Jan 10, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is MK Bonita Development Fund LLC based?

MK Bonita Development Fund LLC is based in Bonita Springs, Florida.

When did MK Bonita Development Fund LLC launch?

MK Bonita Development Fund LLC reports its first sale in Aug 2023.

Size compared with every real estate fund

Raised more than 68% of the 611 real estate funds based in Florida, and more than 65% of all 7,351 that report sales.

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