Sotherly Hotels LP
Sotherly Hotels LP is a real estate fund based in Williamsburg, Virginia. According to its most recent Form D, filed Jan 5, 2021, it has sold $20,000,000 of interests to 2 investors since its first sale in Dec 2020. The minimum investment it accepts from an outside investor is $10,000,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Herschel Walker; Anthony Zinni; George Gibson IV.
- Total raised
- $20,000,000Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Dec 31, 2020
- Minimum investment
- $10,000,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Herschel Walker; Anthony Zinni; George Gibson IV
- Latest Form D
- Jan 5, 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 Sotherly Hotels LP
What is the minimum investment for Sotherly Hotels LP?
According to its latest Form D, filed Jan 5, 2021, the minimum investment Sotherly Hotels LP accepts from an outside investor is $10,000,000.
Who can invest in Sotherly Hotels LP?
Sotherly Hotels LP 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 Sotherly Hotels LP raised?
Sotherly Hotels LP reports $20,000,000 sold from 2 investors on its Form D filed Jan 5, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Sotherly Hotels LP based?
Sotherly Hotels LP is based in Williamsburg, Virginia.
When did Sotherly Hotels LP launch?
Sotherly Hotels LP reports its first sale in Dec 2020.
Size compared with every real estate fund
Raised more than 97% of the 141 real estate funds based in Virginia, and more than 87% of all 7,321 that report sales.