Note Holdings TE, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Mar 5, 2019, it has sold $2,415,000 of interests to 15 investors since its first sale in Feb 2019. The minimum investment it accepts from an outside investor is $14,000. 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 Jay Zwiebel; Managing Co., LLC Virginia Mezzanine and Preferred; Thomas Litton, Jr.
- Total raised
- $2,415,000Cumulative sales reported on Form D
- Investors
- 15
- First sale
- Feb 19, 2019
- Minimum investment
- $14,000
- 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
- Jay Zwiebel; Managing Co., LLC Virginia Mezzanine and Preferred; Thomas Litton, Jr
- Latest Form D
- Mar 5, 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 Note Holdings TE, LLC
What is the minimum investment for Note Holdings TE, LLC?
According to its latest Form D, filed Mar 5, 2019, the minimum investment Note Holdings TE, LLC accepts from an outside investor is $14,000.
Who can invest in Note Holdings TE, LLC?
Note Holdings TE, 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 Note Holdings TE, LLC raised?
Note Holdings TE, LLC reports $2,415,000 sold from 15 investors on its Form D filed Mar 5, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Note Holdings TE, LLC based?
Note Holdings TE, LLC is based in Norfolk, Virginia.
When did Note Holdings TE, LLC launch?
Note Holdings TE, LLC reports its first sale in Feb 2019.
Size compared with every real estate fund
Raised more than 59% of the 142 real estate funds based in Virginia, and more than 50% of all 7,350 that report sales.