SPC Spring Pointe LLC is a real estate fund based in Lake Elmo, Minnesota. According to its most recent Form D, filed Mar 15, 2024, it has sold $3,628,574 of interests to 54 investors since its first sale in Mar 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 Nathan Wagner; Tim Olsen; Jeremy Dyer.
- Total raised
- $3,628,574Cumulative sales reported on Form D
- Investors
- 54
- First sale
- Mar 6, 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
- Nathan Wagner; Tim Olsen; Jeremy Dyer
- Latest Form D
- Mar 15, 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 Spring Pointe LLC
What is the minimum investment for SPC Spring Pointe LLC?
SPC Spring Pointe LLC's latest Form D, filed Mar 15, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in SPC Spring Pointe LLC?
SPC Spring Pointe 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 Spring Pointe LLC raised?
SPC Spring Pointe LLC reports $3,628,574 sold from 54 investors on its Form D filed Mar 15, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is SPC Spring Pointe LLC based?
SPC Spring Pointe LLC is based in Lake Elmo, Minnesota.
When did SPC Spring Pointe LLC launch?
SPC Spring Pointe LLC reports its first sale in Mar 2024.
Size compared with every real estate fund
Raised more than 68% of the 196 real estate funds based in Minnesota, and more than 59% of all 7,337 that report sales.