SP Summit REIT LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed Nov 24, 2025, it has sold $125,000 of interests to 125 investors since its first sale in Nov 2025. 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 Phillip Solomond; Connor Lewis.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Nov 20, 2025
- Minimum investment
- $1,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Phillip Solomond; Connor Lewis
- Latest Form D
- Nov 24, 2025
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 Summit REIT LLC
What is the minimum investment for SP Summit REIT LLC?
According to its latest Form D, filed Nov 24, 2025, the minimum investment SP Summit REIT LLC accepts from an outside investor is $1,000.
Who can invest in SP Summit REIT LLC?
SP Summit REIT 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 Summit REIT LLC raised?
SP Summit REIT LLC reports $125,000 sold from 125 investors on its Form D filed Nov 24, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is SP Summit REIT LLC based?
SP Summit REIT LLC is based in New York, New York.
When did SP Summit REIT LLC launch?
SP Summit REIT LLC reports its first sale in Nov 2025, 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 27% of the 812 real estate funds based in New York, and more than 8% of all 7,322 that report sales.