Hfi III LLC is a real estate fund based in Newport Beach, California. According to its most recent Form D, filed Dec 27, 2013, it has sold $125,000 of interests to 125 investors since its first sale in Dec 2013. 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(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include John Haymes; Devin Chen; John Murray.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Dec 16, 2013
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- John Haymes; Devin Chen; John Murray
- Latest Form D
- Dec 27, 2013
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 Hfi III LLC
What is the minimum investment for Hfi III LLC?
According to its latest Form D, filed Dec 27, 2013, the minimum investment Hfi III LLC accepts from an outside investor is $1,000.
Who can invest in Hfi III LLC?
Hfi III 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(c), so it may advertise, but every investor must be verified as accredited.
How much has Hfi III LLC raised?
Hfi III LLC reports $125,000 sold from 125 investors on its Form D filed Dec 27, 2013. This is cumulative sales since the offering began, not current assets or performance.
Where is Hfi III LLC based?
Hfi III LLC is based in Newport Beach, California.
When did Hfi III LLC launch?
Hfi III LLC reports its first sale in Dec 2013.
Size compared with every real estate fund
Raised more than 31% of the 1,090 real estate funds based in California, and more than 8% of all 7,321 that report sales.