Steele SM JV Trust is a real estate fund based in Denver, Colorado. According to its most recent Form D, filed Feb 7, 2022, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2022. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Eric Resnick; Peter McDermott; Mike Mohapp.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 12, 2022
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Eric Resnick; Peter McDermott; Mike Mohapp
- Latest Form D
- Feb 7, 2022
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 Steele SM JV Trust
What is the minimum investment for Steele SM JV Trust?
Steele SM JV Trust's latest Form D, filed Feb 7, 2022, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Steele SM JV Trust?
Steele SM JV Trust is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Steele SM JV Trust raised?
Steele SM JV Trust reports $125,000 sold from 125 investors on its Form D filed Feb 7, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Steele SM JV Trust based?
Steele SM JV Trust is based in Denver, Colorado.
When did Steele SM JV Trust launch?
Steele SM JV Trust reports its first sale in Jan 2022.
Size compared with every real estate fund
Raised more than 25% of the 371 real estate funds based in Colorado, and more than 8% of all 7,337 that report sales.