Sunbelt II, LP is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Mar 24, 2020, it has sold $20,275,000 of interests to 31 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $50,000. 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; GP, LLC Sunbelt Holdings; Jay Zwiebel.
- Total raised
- $20,275,000Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Jan 15, 2020
- Minimum investment
- $50,000
- 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; GP, LLC Sunbelt Holdings; Jay Zwiebel
- Latest Form D
- Mar 24, 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 II, LP
What is the minimum investment for Sunbelt II, LP?
According to its latest Form D, filed Mar 24, 2020, the minimum investment Sunbelt II, LP accepts from an outside investor is $50,000.
Who can invest in Sunbelt II, LP?
Sunbelt II, 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 II, LP raised?
Sunbelt II, LP reports $20,275,000 sold from 31 investors on its Form D filed Mar 24, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Sunbelt II, LP based?
Sunbelt II, LP is based in Norfolk, Virginia.
When did Sunbelt II, LP launch?
Sunbelt II, LP reports its first sale in Jan 2020.
Size compared with every real estate fund
Raised more than 97% of the 141 real estate funds based in Virginia, and more than 87% of all 7,348 that report sales.