AltMountain

SFP SP Direct LLC

New York, NY · CIK 1967287
Status: no Form D since Mar 2023. 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.

SFP SP Direct LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Mar 1, 2023, it has sold $7,151,870 of interests to 26 investors since its first sale in Feb 2023. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Stephen Sakhai; Darius Sakhai; Cyrus Sakhai.

Total raised
$7,151,870Cumulative sales reported on Form D
Investors
26
First sale
Feb 15, 2023
Minimum investment
$250,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Stephen Sakhai; Darius Sakhai; Cyrus Sakhai
Latest Form D
Mar 1, 2023

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 SFP SP Direct LLC

What is the minimum investment for SFP SP Direct LLC?

According to its latest Form D, filed Mar 1, 2023, the minimum investment SFP SP Direct LLC accepts from an outside investor is $250,000.

Who can invest in SFP SP Direct LLC?

SFP SP Direct 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 SFP SP Direct LLC raised?

SFP SP Direct LLC reports $7,151,870 sold from 26 investors on its Form D filed Mar 1, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is SFP SP Direct LLC based?

SFP SP Direct LLC is based in New York, New York.

When did SFP SP Direct LLC launch?

SFP SP Direct LLC reports its first sale in Feb 2023.

Size compared with every real estate fund

Raised more than 81% of the 810 real estate funds based in New York, and more than 73% of all 7,321 that report sales.

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