Smart Master Enterprise LLC is a real estate fund based in Miami, Florida. According to its most recent Form D, filed Dec 9, 2024, it has sold $8,400,000 of interests to 8 investors since its first sale in Mar 2024. The minimum investment it accepts from an outside investor is $1,050,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Santiago Vanegas.
- Total raised
- $8,400,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Mar 25, 2024
- Minimum investment
- $1,050,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Santiago Vanegas
- Latest Form D
- Dec 9, 2024
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 Smart Master Enterprise LLC
What is the minimum investment for Smart Master Enterprise LLC?
According to its latest Form D, filed Dec 9, 2024, the minimum investment Smart Master Enterprise LLC accepts from an outside investor is $1,050,000.
Who can invest in Smart Master Enterprise LLC?
Smart Master Enterprise LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Smart Master Enterprise LLC raised?
Smart Master Enterprise LLC reports $8,400,000 sold from 8 investors on its Form D filed Dec 9, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Smart Master Enterprise LLC based?
Smart Master Enterprise LLC is based in Miami, Florida.
When did Smart Master Enterprise LLC launch?
Smart Master Enterprise LLC reports its first sale in Mar 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 78% of the 618 real estate funds based in Florida, and more than 75% of all 7,349 that report sales.