AltMountain

SP Cannery District, LLC

Duluth, MN · CIK 1993937
Status: no Form D since Sep 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.

SP Cannery District, LLC is a real estate fund based in Duluth, Minnesota. According to its most recent Form D, filed Sep 18, 2023, it has sold $8,560,000 of interests to 40 investors since its first sale in Aug 2023. The minimum investment it accepts from an outside investor is $85,600. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Abbot Apter.

Total raised
$8,560,000Cumulative sales reported on Form D
Investors
40
First sale
Aug 25, 2023
Minimum investment
$85,600
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Abbot Apter
Latest Form D
Sep 18, 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 SP Cannery District, LLC

What is the minimum investment for SP Cannery District, LLC?

According to its latest Form D, filed Sep 18, 2023, the minimum investment SP Cannery District, LLC accepts from an outside investor is $85,600.

Who can invest in SP Cannery District, LLC?

SP Cannery District, 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 SP Cannery District, LLC raised?

SP Cannery District, LLC reports $8,560,000 sold from 40 investors on its Form D filed Sep 18, 2023. This is cumulative sales since the offering began, not current assets or performance.

Where is SP Cannery District, LLC based?

SP Cannery District, LLC is based in Duluth, Minnesota.

When did SP Cannery District, LLC launch?

SP Cannery District, LLC reports its first sale in Aug 2023.

Size compared with every real estate fund

Raised more than 85% of the 196 real estate funds based in Minnesota, and more than 76% of all 7,350 that report sales.

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