SB New REIT, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Oct 6, 2021, it has sold $124,000 of interests to 124 investors since its first sale in Sep 2021. 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 Stephen Gordon; Christopher Merrill.
- Total raised
- $124,000Cumulative sales reported on Form D
- Investors
- 124
- First sale
- Sep 30, 2021
- Minimum investment
- $1,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Stephen Gordon; Christopher Merrill
- Latest Form D
- Oct 6, 2021
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 SB New REIT, LLC
What is the minimum investment for SB New REIT, LLC?
According to its latest Form D, filed Oct 6, 2021, the minimum investment SB New REIT, LLC accepts from an outside investor is $1,000.
Who can invest in SB New REIT, LLC?
SB New REIT, 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 SB New REIT, LLC raised?
SB New REIT, LLC reports $124,000 sold from 124 investors on its Form D filed Oct 6, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is SB New REIT, LLC based?
SB New REIT, LLC is based in Chicago, Illinois.
When did SB New REIT, LLC launch?
SB New REIT, LLC reports its first sale in Sep 2021.
Size compared with every real estate fund
Raised more than 43% of the 480 real estate funds based in Illinois, and more than 8% of all 7,348 that report sales.