WI Spring Pointe LLC
WI Spring Pointe LLC is a real estate fund based in Los Angeles, California. According to its most recent Form D, filed Mar 15, 2024, it has sold $150,000 of interests to 3 investors since its first sale in Mar 2024. The filing does not set a minimum investment. 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 Michael Wegmann.
- Total raised
- $150,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Mar 6, 2024
- Minimum investment
- None set
- 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
- Michael Wegmann
- Latest Form D
- Mar 15, 2024
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 WI Spring Pointe LLC
What is the minimum investment for WI Spring Pointe LLC?
WI Spring Pointe LLC's latest Form D, filed Mar 15, 2024, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in WI Spring Pointe LLC?
WI Spring Pointe LLC 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 WI Spring Pointe LLC raised?
WI Spring Pointe LLC reports $150,000 sold from 3 investors on its Form D filed Mar 15, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is WI Spring Pointe LLC based?
WI Spring Pointe LLC is based in Los Angeles, California.
When did WI Spring Pointe LLC launch?
WI Spring Pointe LLC reports its first sale in Mar 2024.
Size compared with every real estate fund
Raised more than 38% of the 1,086 real estate funds based in California, and more than 16% of all 7,311 that report sales.