SPC Bridgeview LLC is a real estate fund based in Lake Elmo, Minnesota. According to its most recent Form D, filed Jan 8, 2025, it has sold $5,812,000 of interests to 88 investors since its first sale in Dec 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. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Timothy Olson; Christopher Gibson; Nicholas Stomwall.
- Total raised
- $5,812,000Cumulative sales reported on Form D
- Investors
- 88
- First sale
- Dec 30, 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
- Timothy Olson; Christopher Gibson; Nicholas Stomwall
- Latest Form D
- Jan 8, 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 SPC Bridgeview LLC
What is the minimum investment for SPC Bridgeview LLC?
SPC Bridgeview LLC's latest Form D, filed Jan 8, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SPC Bridgeview LLC?
SPC Bridgeview 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 Bridgeview LLC raised?
SPC Bridgeview LLC reports $5,812,000 sold from 88 investors on its Form D filed Jan 8, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is SPC Bridgeview LLC based?
SPC Bridgeview LLC is based in Lake Elmo, Minnesota.
When did SPC Bridgeview LLC launch?
SPC Bridgeview LLC reports its first sale in Dec 2024, 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 80% of the 195 real estate funds based in Minnesota, and more than 68% of all 7,322 that report sales.