S5Mich, LLC is a real estate fund based in San Diego. According to its most recent Form D, filed Jan 26, 2016, it has sold $5,700,000 of interests to 16 investors since its first sale in Oct 2015. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Carlos Michan; David Michan.
- Total raised
- $5,700,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Oct 1, 2015
- Minimum investment
- $250,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Carlos Michan; David Michan
- Latest Form D
- Jan 26, 2016
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 S5Mich, LLC
What is the minimum investment for S5Mich, LLC?
According to its latest Form D, filed Jan 26, 2016, the minimum investment S5Mich, LLC accepts from an outside investor is $250,000.
Who can invest in S5Mich, LLC?
S5Mich, 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 S5Mich, LLC raised?
S5Mich, LLC reports $5,700,000 sold from 16 investors on its Form D filed Jan 26, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is S5Mich, LLC based?
S5Mich, LLC is based in San Diego.
When did S5Mich, LLC launch?
S5Mich, LLC reports its first sale in Oct 2015.