SPC Blue Ridge LLC is a real estate fund based in Lake Elmo, Minnesota. According to its most recent Form D, filed Jul 11, 2024, it has sold $4,872,500 of interests to 78 investors since its first sale in Jun 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jarod Alexander; Kurt Gibson; Chutchada Ngo.
- Total raised
- $4,872,500Cumulative sales reported on Form D
- Investors
- 78
- First sale
- Jun 28, 2024
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jarod Alexander; Kurt Gibson; Chutchada Ngo
- Latest Form D
- Jul 11, 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 SPC Blue Ridge LLC
What is the minimum investment for SPC Blue Ridge LLC?
SPC Blue Ridge LLC's latest Form D, filed Jul 11, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SPC Blue Ridge LLC?
SPC Blue Ridge LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has SPC Blue Ridge LLC raised?
SPC Blue Ridge LLC reports $4,872,500 sold from 78 investors on its Form D filed Jul 11, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is SPC Blue Ridge LLC based?
SPC Blue Ridge LLC is based in Lake Elmo, Minnesota.
When did SPC Blue Ridge LLC launch?
SPC Blue Ridge LLC reports its first sale in Jun 2024.
Size compared with every real estate fund
Raised more than 75% of the 195 real estate funds based in Minnesota, and more than 65% of all 7,351 that report sales.