Sbi Burien LLC is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed Dec 31, 2019, it has sold $5,500,000 of interests to 17 investors since its first sale in Dec 2019. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jeffrey Rakow.
- Total raised
- $5,500,000Cumulative sales reported on Form D
- Investors
- 17
- First sale
- Dec 17, 2019
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jeffrey Rakow
- Latest Form D
- Dec 31, 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 Sbi Burien LLC
What is the minimum investment for Sbi Burien LLC?
Sbi Burien LLC's latest Form D, filed Dec 31, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Sbi Burien LLC?
Sbi Burien 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 Sbi Burien LLC raised?
Sbi Burien LLC reports $5,500,000 sold from 17 investors on its Form D filed Dec 31, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Sbi Burien LLC based?
Sbi Burien LLC is based in Seattle, Washington.
When did Sbi Burien LLC launch?
Sbi Burien LLC reports its first sale in Dec 2019.
Size compared with every real estate fund
Raised more than 79% of the 282 real estate funds based in Washington, and more than 68% of all 7,321 that report sales.