Sussex Select, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Jun 13, 2018, it has sold $7,000,000 of interests to 54 investors since its first sale in Jun 2018. The minimum investment it accepts from an outside investor is $15,000. 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; Saul Lubetski; Jordan Slone.
- Total raised
- $7,000,000Cumulative sales reported on Form D
- Investors
- 54
- First sale
- Jun 1, 2018
- Minimum investment
- $15,000
- 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; Saul Lubetski; Jordan Slone
- Latest Form D
- Jun 13, 2018
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 Sussex Select, LLC
What is the minimum investment for Sussex Select, LLC?
According to its latest Form D, filed Jun 13, 2018, the minimum investment Sussex Select, LLC accepts from an outside investor is $15,000.
Who can invest in Sussex Select, LLC?
Sussex Select, LLC 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 Sussex Select, LLC raised?
Sussex Select, LLC reports $7,000,000 sold from 54 investors on its Form D filed Jun 13, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Sussex Select, LLC based?
Sussex Select, LLC is based in Norfolk, Virginia.
When did Sussex Select, LLC launch?
Sussex Select, LLC reports its first sale in Jun 2018.
Size compared with every real estate fund
Raised more than 77% of the 141 real estate funds based in Virginia, and more than 72% of all 7,351 that report sales.