AltMountain

West Allis Apts, LLC

Chicago, IL · CIK 1872946 · Sponsor: SMB Equity, LLC
Status: no Form D since Jul 2021. 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.

West Allis Apts, LLC is a real estate fund based in Chicago, Illinois. According to its most recent Form D, filed Jul 30, 2021, it has sold $4,700,000 of interests to 80 investors since its first sale in Jun 2021. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include SNJL, LLC; SMB Equity, LLC; SMB Manager, LLC.

Total raised
$4,700,000Cumulative sales reported on Form D
Investors
80
First sale
Jun 24, 2021
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
SNJL, LLC; SMB Equity, LLC; SMB Manager, LLC
Latest Form D
Jul 30, 2021

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 West Allis Apts, LLC

What is the minimum investment for West Allis Apts, LLC?

West Allis Apts, LLC's latest Form D, filed Jul 30, 2021, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in West Allis Apts, LLC?

West Allis Apts, 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 West Allis Apts, LLC raised?

West Allis Apts, LLC reports $4,700,000 sold from 80 investors on its Form D filed Jul 30, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is West Allis Apts, LLC based?

West Allis Apts, LLC is based in Chicago, Illinois.

When did West Allis Apts, LLC launch?

West Allis Apts, LLC reports its first sale in Jun 2021.

Size compared with every real estate fund

Raised more than 72% of the 481 real estate funds based in Illinois, and more than 64% of all 7,351 that report sales.

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