AltMountain

SSC Palms Sub REIT LLC

Chicago, IL · CIK 1730591
Status: no Form D since Feb 2018. 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.

SSC Palms Sub REIT LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Feb 7, 2018, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2018. The minimum investment it accepts from an outside investor is $1,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Eric Bronstein; Janice Lin; Avi Lewittes.

Total raised
$125,000Cumulative sales reported on Form D
Investors
125
First sale
Jan 26, 2018
Minimum investment
$1,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Eric Bronstein; Janice Lin; Avi Lewittes
Latest Form D
Feb 7, 2018

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 SSC Palms Sub REIT LLC

What is the minimum investment for SSC Palms Sub REIT LLC?

According to its latest Form D, filed Feb 7, 2018, the minimum investment SSC Palms Sub REIT LLC accepts from an outside investor is $1,000.

Who can invest in SSC Palms Sub REIT LLC?

SSC Palms Sub 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 SSC Palms Sub REIT LLC raised?

SSC Palms Sub REIT LLC reports $125,000 sold from 125 investors on its Form D filed Feb 7, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is SSC Palms Sub REIT LLC based?

SSC Palms Sub REIT LLC is based in Chicago, Illinois.

When did SSC Palms Sub REIT LLC launch?

SSC Palms Sub REIT LLC reports its first sale in Jan 2018.

Size compared with every real estate fund

Raised more than 43% of the 481 real estate funds based in Illinois, and more than 8% of all 7,351 that report sales.

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