SP Heatherstone Preferred is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed Jan 7, 2016, it has sold $7,000,000 of interests to 47 investors since its first sale in Jan 2016. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include SP Affordable Housing Group III LLC; David Dufenhorst; Robert Krokower.
- Total raised
- $7,000,000Cumulative sales reported on Form D
- Investors
- 47
- First sale
- Jan 4, 2016
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- SP Affordable Housing Group III LLC; David Dufenhorst; Robert Krokower
- Latest Form D
- Jan 7, 2016
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 Heatherstone Preferred
What is the minimum investment for SP Heatherstone Preferred?
According to its latest Form D, filed Jan 7, 2016, the minimum investment SP Heatherstone Preferred accepts from an outside investor is $50,000.
Who can invest in SP Heatherstone Preferred?
SP Heatherstone Preferred 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 Heatherstone Preferred raised?
SP Heatherstone Preferred reports $7,000,000 sold from 47 investors on its Form D filed Jan 7, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Heatherstone Preferred based?
SP Heatherstone Preferred is based in Seattle, Washington.
When did SP Heatherstone Preferred launch?
SP Heatherstone Preferred reports its first sale in Jan 2016.
Size compared with every real estate fund
Raised more than 84% of the 284 real estate funds based in Washington, and more than 72% of all 7,311 that report sales.