SWMS, LLC
SWMS, LLC is a real estate fund based in Birmingham, Alabama. According to its most recent Form D, filed Apr 8, 2015, it has sold $336,000 of interests to 8 investors since its first sale in Mar 2015. The minimum investment it accepts from an outside investor is $42,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Derek Waltchack.
- Total raised
- $336,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Mar 31, 2015
- Minimum investment
- $42,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Derek Waltchack
- Latest Form D
- Apr 8, 2015
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 SWMS, LLC
What is the minimum investment for SWMS, LLC?
According to its latest Form D, filed Apr 8, 2015, the minimum investment SWMS, LLC accepts from an outside investor is $42,000.
Who can invest in SWMS, LLC?
SWMS, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has SWMS, LLC raised?
SWMS, LLC reports $336,000 sold from 8 investors on its Form D filed Apr 8, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is SWMS, LLC based?
SWMS, LLC is based in Birmingham, Alabama.
When did SWMS, LLC launch?
SWMS, LLC reports its first sale in Mar 2015.
Size compared with every real estate fund
Raised more than 23% of the 90 real estate funds based in Alabama, and more than 21% of all 7,322 that report sales.