Sunbelt Select, LP is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Mar 23, 2020, it has sold $93,870,000 of interests to 210 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $14,500. 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 Pinchas Mendlovic; Jay Zwiebel; Saul Lubetski.
- Total raised
- $93,870,000Cumulative sales reported on Form D
- Investors
- 210
- First sale
- Jan 15, 2020
- Minimum investment
- $14,500
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Pinchas Mendlovic; Jay Zwiebel; Saul Lubetski
- Latest Form D
- Mar 23, 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 Select, LP
What is the minimum investment for Sunbelt Select, LP?
According to its latest Form D, filed Mar 23, 2020, the minimum investment Sunbelt Select, LP accepts from an outside investor is $14,500.
Who can invest in Sunbelt Select, LP?
Sunbelt Select, LP 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 Sunbelt Select, LP raised?
Sunbelt Select, LP reports $93,870,000 sold from 210 investors on its Form D filed Mar 23, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Sunbelt Select, LP based?
Sunbelt Select, LP is based in Norfolk, Virginia.
When did Sunbelt Select, LP launch?
Sunbelt Select, LP reports its first sale in Jan 2020.
Size compared with every real estate fund
Raised more than 99% of the 142 real estate funds based in Virginia, and more than 97% of all 7,337 that report sales.