Mhpi VII, LLC is a real estate fund based in Newport Beach, California. According to its most recent Form D, filed Apr 17, 2019, it has sold $86,277,000 of interests to 555 investors since its first sale in May 2017. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Brian Dahn; Ryan Smith; Jamie Smith.
- Total raised
- $86,277,000Cumulative sales reported on Form D
- Investors
- 555
- First sale
- May 1, 2017
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Brian Dahn; Ryan Smith; Jamie Smith
- Latest Form D
- Apr 17, 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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Apr 17, 2019 | Form D/A (amendment) | $86,277,000 | 555 | SEC.gov ↗ |
| Apr 18, 2018 | Form D/A (amendment) | $41,249,500 | 242 | SEC.gov ↗ |
| May 30, 2017 | Form D/A (amendment) | $0 | 0 | SEC.gov ↗ |
| Apr 10, 2017 | Form D | $0 | 0 | SEC.gov ↗ |
4 Form D filings in the SEC's electronic records (2008 onward), the earliest on Apr 10, 2017. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Foundations that report holding this fund
| Foundation | State | Value reported | Basis | Tax year ended |
|---|---|---|---|---|
| The Christian Science Nursing Arts | WA | $224,859 | fair market value | Dec 31, 2024 |
1 private foundation listed this fund by name among the investments on its IRS Form 990-PF. The value is the year-end figure the foundation reported, exactly as filed (fair market value where given, otherwise book value); holdings may have changed since, and other investors in the fund are not listed. Matched by the fund's full name; not verified by AltMountain or by the fund. Source: Internal Revenue Service, Form 990 series e-file data.
Questions about Mhpi VII, LLC
What is the minimum investment for Mhpi VII, LLC?
According to its latest Form D, filed Apr 17, 2019, the minimum investment Mhpi VII, LLC accepts from an outside investor is $50,000.
Who can invest in Mhpi VII, LLC?
Mhpi VII, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Mhpi VII, LLC raised?
Mhpi VII, LLC reports $86,277,000 sold from 555 investors on its Form D filed Apr 17, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is Mhpi VII, LLC based?
Mhpi VII, LLC is based in Newport Beach, California.
When did Mhpi VII, LLC launch?
Mhpi VII, LLC reports its first sale in May 2017.
Size compared with every real estate fund
Raised more than 96% of the 1,092 real estate funds based in California, and more than 96% of all 7,351 that report sales.