AltMountain

St. Elmo Apts LP, LLC

Addison, TX · CIK 1808392
506(c)
Status: no Form D since Jun 2020. 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.

St. Elmo Apts LP, LLC is a real estate fund based in Addison, Texas. According to its most recent Form D, filed Jun 11, 2020, it has sold $17,861,224 of interests to 265 investors since its first sale in May 2020. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Matt Stevens.

Total raised
$17,861,224Cumulative sales reported on Form D
Investors
265
First sale
May 29, 2020
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Matt Stevens
Latest Form D
Jun 11, 2020

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 St. Elmo Apts LP, LLC

What is the minimum investment for St. Elmo Apts LP, LLC?

According to its latest Form D, filed Jun 11, 2020, the minimum investment St. Elmo Apts LP, LLC accepts from an outside investor is $25,000.

Who can invest in St. Elmo Apts LP, LLC?

St. Elmo Apts LP, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has St. Elmo Apts LP, LLC raised?

St. Elmo Apts LP, LLC reports $17,861,224 sold from 265 investors on its Form D filed Jun 11, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is St. Elmo Apts LP, LLC based?

St. Elmo Apts LP, LLC is based in Addison, Texas.

When did St. Elmo Apts LP, LLC launch?

St. Elmo Apts LP, LLC reports its first sale in May 2020.

Size compared with every real estate fund

Raised more than 91% of the 1,414 real estate funds based in Texas, and more than 86% of all 7,321 that report sales.

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