AltMountain

SP Magnolia 2 LLC

Encinitas, CA · CIK 2013373
Status: no Form D since Feb 2024. 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 Magnolia 2 LLC is a real estate fund based in Encinitas, California. According to its most recent Form D, filed Feb 27, 2024, it has sold $655,653 of interests to 11 investors since its first sale in Jan 2024. The minimum investment it accepts from an outside investor is $1,000. Related persons named in the filing include William Gaskins; Blake Rodgers; Paul Johnson.

Total raised
$655,653Cumulative sales reported on Form D
Investors
11
First sale
Jan 25, 2024
Minimum investment
$1,000
Who can invest
Not stated
Offering exemption
Other exemption
Key people and entities
William Gaskins; Blake Rodgers; Paul Johnson
Latest Form D
Feb 27, 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 SP Magnolia 2 LLC

What is the minimum investment for SP Magnolia 2 LLC?

According to its latest Form D, filed Feb 27, 2024, the minimum investment SP Magnolia 2 LLC accepts from an outside investor is $1,000.

Who can invest in SP Magnolia 2 LLC?

SP Magnolia 2 LLC is generally open only to investors who meet the eligibility rules in its offering documents.

How much has SP Magnolia 2 LLC raised?

SP Magnolia 2 LLC reports $655,653 sold from 11 investors on its Form D filed Feb 27, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is SP Magnolia 2 LLC based?

SP Magnolia 2 LLC is based in Encinitas, California.

When did SP Magnolia 2 LLC launch?

SP Magnolia 2 LLC reports its first sale in Jan 2024.

Size compared with every real estate fund

Raised more than 45% of the 1,092 real estate funds based in California, and more than 27% of all 7,351 that report sales.

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