Widett REIT LLC is a real estate fund based in Boston, Massachusetts. According to its most recent Form D, filed Jan 22, 2021, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2021. The minimum investment it accepts from an outside investor is $1,000. 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 Widett Project Sub LLC; Widett Project Investor LLC; Jay Hart.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 8, 2021
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Widett Project Sub LLC; Widett Project Investor LLC; Jay Hart
- Latest Form D
- Jan 22, 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 Widett REIT LLC
What is the minimum investment for Widett REIT LLC?
According to its latest Form D, filed Jan 22, 2021, the minimum investment Widett REIT LLC accepts from an outside investor is $1,000.
Who can invest in Widett REIT LLC?
Widett REIT 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 Widett REIT LLC raised?
Widett REIT LLC reports $125,000 sold from 125 investors on its Form D filed Jan 22, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Widett REIT LLC based?
Widett REIT LLC is based in Boston, Massachusetts.
When did Widett REIT LLC launch?
Widett REIT LLC reports its first sale in Jan 2021.
Size compared with every real estate fund
Raised more than 23% of the 211 real estate funds based in Massachusetts, and more than 8% of all 7,349 that report sales.