AltMountain

Summit Hotel Properties, LLC

Sioux Falls, SD · CIK 1284609
Status: no Form D since Oct 2009. 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.

Summit Hotel Properties, LLC is a real estate fund based in Sioux Falls, South Dakota. According to its most recent Form D, filed Oct 29, 2009, it has sold $30,782,500 of interests to 380 investors since its first sale in Dec 2008. The minimum investment it accepts from an outside investor is $50,000. Related persons named in the filing include Kerry Boekelheide; Daniel Hansen; Craig Aniszewski.

Total raised
$30,782,500Cumulative sales reported on Form D
Investors
380
First sale
Dec 4, 2008
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Other exemption
Key people and entities
Kerry Boekelheide; Daniel Hansen; Craig Aniszewski
Latest Form D
Oct 29, 2009

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 Summit Hotel Properties, LLC

What is the minimum investment for Summit Hotel Properties, LLC?

According to its latest Form D, filed Oct 29, 2009, the minimum investment Summit Hotel Properties, LLC accepts from an outside investor is $50,000.

Who can invest in Summit Hotel Properties, LLC?

Summit Hotel Properties, LLC is generally open only to investors who meet the eligibility rules in its offering documents.

How much has Summit Hotel Properties, LLC raised?

Summit Hotel Properties, LLC reports $30,782,500 sold from 380 investors on its Form D filed Oct 29, 2009. This is cumulative sales since the offering began, not current assets or performance.

Where is Summit Hotel Properties, LLC based?

Summit Hotel Properties, LLC is based in Sioux Falls, South Dakota.

When did Summit Hotel Properties, LLC launch?

Summit Hotel Properties, LLC reports its first sale in Dec 2008.

Size compared with every real estate fund

Raised more than 94% of the 34 real estate funds based in South Dakota, and more than 91% of all 7,350 that report sales.

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