AltMountain

Sunbelt I, LP

Norfolk, VA · CIK 1801354
Status: no Form D since Jan 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.

Sunbelt I, LP is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Jan 31, 2020, it has sold $48,520,799 of interests to 8 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $501,592. 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 Pinchas Mendlovic; Jay Zwiebel; Saul Lubetski.

Total raised
$48,520,799Cumulative sales reported on Form D
Investors
8
First sale
Jan 15, 2020
Minimum investment
$501,592
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
Pinchas Mendlovic; Jay Zwiebel; Saul Lubetski
Latest Form D
Jan 31, 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 Sunbelt I, LP

What is the minimum investment for Sunbelt I, LP?

According to its latest Form D, filed Jan 31, 2020, the minimum investment Sunbelt I, LP accepts from an outside investor is $501,592.

Who can invest in Sunbelt I, LP?

Sunbelt I, LP 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 Sunbelt I, LP raised?

Sunbelt I, LP reports $48,520,799 sold from 8 investors on its Form D filed Jan 31, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Sunbelt I, LP based?

Sunbelt I, LP is based in Norfolk, Virginia.

When did Sunbelt I, LP launch?

Sunbelt I, LP reports its first sale in Jan 2020.

Size compared with every real estate fund

Raised more than 99% of the 141 real estate funds based in Virginia, and more than 94% of all 7,321 that report sales.

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