SMBK Properties, Inc. is a real estate fund based in Knoxville, Tennessee. According to its most recent Form D, filed Dec 30, 2024, it has sold $125,000 of interests to 125 investors since its first sale in Dec 2024. The minimum investment it accepts from an outside investor is $1,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Cynthia Cain; Rob Florence; Shonda Smith.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Dec 19, 2024
- Minimum investment
- $1,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Cynthia Cain; Rob Florence; Shonda Smith
- Latest Form D
- Dec 30, 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 SMBK Properties, Inc.
What is the minimum investment for SMBK Properties, Inc.?
According to its latest Form D, filed Dec 30, 2024, the minimum investment SMBK Properties, Inc. accepts from an outside investor is $1,000.
Who can invest in SMBK Properties, Inc.?
SMBK Properties, Inc. 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 SMBK Properties, Inc. raised?
SMBK Properties, Inc. reports $125,000 sold from 125 investors on its Form D filed Dec 30, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is SMBK Properties, Inc. based?
SMBK Properties, Inc. is based in Knoxville, Tennessee.
When did SMBK Properties, Inc. launch?
SMBK Properties, Inc. reports its first sale in Dec 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 28% of the 117 real estate funds based in Tennessee, and more than 8% of all 7,316 that report sales.