AltMountain

SBI Edmonds LLC

Seattle, WA · CIK 1890516
Status: no Form D since Oct 2021. 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.

SBI Edmonds LLC is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed Oct 27, 2021, it has sold $4,500,000 of interests to 6 investors since its first sale in Oct 2021. 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
$4,500,000Cumulative sales reported on Form D
Investors
6
First sale
Oct 12, 2021
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
Oct 27, 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 SBI Edmonds LLC

What is the minimum investment for SBI Edmonds LLC?

SBI Edmonds LLC's latest Form D, filed Oct 27, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in SBI Edmonds LLC?

SBI Edmonds 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 Edmonds LLC raised?

SBI Edmonds LLC reports $4,500,000 sold from 6 investors on its Form D filed Oct 27, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is SBI Edmonds LLC based?

SBI Edmonds LLC is based in Seattle, Washington.

When did SBI Edmonds LLC launch?

SBI Edmonds LLC reports its first sale in Oct 2021.

Size compared with every real estate fund

Raised more than 76% of the 284 real estate funds based in Washington, and more than 63% of all 7,349 that report sales.

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