WLIF Select, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Mar 5, 2019, it has sold $20,008,000 of interests to 51 investors since its first sale in Feb 2019. The minimum investment it accepts from an outside investor is $2,500. 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 Managing Co., LLC WLIF; Jay Zwiebel; Thomas Litton.
- Total raised
- $20,008,000Cumulative sales reported on Form D
- Investors
- 51
- First sale
- Feb 19, 2019
- Minimum investment
- $2,500
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Managing Co., LLC WLIF; Jay Zwiebel; Thomas Litton
- Latest Form D
- Mar 5, 2019
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 WLIF Select, LLC
What is the minimum investment for WLIF Select, LLC?
According to its latest Form D, filed Mar 5, 2019, the minimum investment WLIF Select, LLC accepts from an outside investor is $2,500.
Who can invest in WLIF Select, LLC?
WLIF 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 WLIF Select, LLC raised?
WLIF Select, LLC reports $20,008,000 sold from 51 investors on its Form D filed Mar 5, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is WLIF Select, LLC based?
WLIF Select, LLC is based in Norfolk, Virginia.
When did WLIF Select, LLC launch?
WLIF Select, LLC reports its first sale in Feb 2019.
Size compared with every real estate fund
Raised more than 97% of the 142 real estate funds based in Virginia, and more than 87% of all 7,337 that report sales.