EDGAR Verified
Primary Source · SEC.gov

Highline Real Estate Fund 1, LP

Fund Vehicle2024 vintage506(b), 3(c)(1)
Latest signalStalledForm D/A · 2024-09-17Last filing 2024-09-17

Raised

$35M

Investors

48

Min Invest

$500,000

AltStreet Analysis

·

Generated from EDGAR primary sources

Highline Real Estate Fund 1, LP is a Delaware limited partnership that has raised $35.0M from 48 investors under Rule 506(b) and Section 3(c)(1) exemptions, with a $500K minimum investment. This amended filing reports capital raised by a fund managed by executive officers David Moret, Matt Papunen, Milgram David, and Andrew Remick, focused on real estate investments.

This real estate fund operates in the upper-middle tier of the market with a $500K minimum investment, typical of institutional-quality private real estate funds accessing accredited investors under 506(b). The 48-investor count against $35M raised suggests an average commitment of approximately $729K, consistent with the stated minimum and indicating a relatively homogeneous investor base.

Data Flags

related_personsDuplicate entry for 'David' appears twice in the executive officer roster (David Moret and Milgram David), though these may be distinct individuals with similar names rather than a data quality issue
first_sale_dateFirst sale date not disclosed on this amended filing despite total raise of $35M being below the $100M threshold where omission is standard practice

Critical Disclosures

What the filings and the regulators have said about this entity that a reader should know first. Each line links to its source. The history, the same event across other issuers, and alerts are in the terminal.

Offering stalled · Form D · last filing September 17, 2024

Latest annual amendment reported no change in amount sold or investors

Timeline
Each line is a fact as filed. The history behind it, the same event across other issuers, and an alert on the next one:Open in the terminal Watch this issuer

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001993117
Entity NameHighline Real Estate Fund 1, LP
ExemptionSection 3(c)(1), Rule 506(b), Section 3(c)
What the exemption meansSection 3(c)(1) of the Investment Company Act: the fund is excluded from investment-company registration because it has no more than 100 beneficial owners. Rule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising. Section 3(c) of the Investment Company Act of 1940: the issuer is a pooled investment vehicle relying on an exclusion from registration as an investment company.
Entity TypeLimited Partnership
Jurisdiction of OrganizationDelaware
Issuer AddressC/O Highline Real Estate Fund 1 Gp, LLC, 2121 Nw 2nd Avenue, Suite 204, Miami, FL 33127
Phone(305) 970-1788
Industry / Fund TypeOther Real Estate
Investment Company ActExcluded under Section 3(c)(1) (100 beneficial owners or fewer)
Securities TypeEquity, Pooled Investment Fund, Other
First Sale Date—
Filing DateSeptember 17, 2024
Accession Number0000911420-24-000202
Total Offering Amount$75,000,000
Total Amount Sold$35,000,000
Amount Remaining$40,000,000
Total Investors48
Non-Accredited InvestorsNone
Minimum Investment$500,000
Offering DurationIntended to last more than one year
Sales Commissions$0
Finders' Fees$0
Revenue RangeDecline to Disclose
State (Issuer Address)FL
Amendment Count1 amendments filed

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

Capital Raise Timeline

2 Form D filings from Sep 22, 2023 to Sep 17, 2024, the latest a D/A.

Checking access…

In the Terminal

Filing events

1

latest Sep 17, 2024

Critical / warning

0 / 0

1 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

stalled

Latest event Stalled · Sep 17, 2024

SEC.gov
Open in the terminal Watch this issuerInvestor $149/mo unlocks the values; Pro $349/mo adds the universe.

Investor

  • 1 filing event with values and deltas, latest 2024-09-17, and alerts on the next one
  • 1 offering timeline: velocity, share raised, first-sale lag, stalled flags

Pro

  • This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
  • The same events, statements and NAV moves across every issuer, screenable, with unlimited watches and CSV

Counts and dates above are the free record. The values, the series and the comparisons are the seat. Loading your view…

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

David Moret

Executive Officer · Miami, FL

Matt Papunen

Executive Officer · Miami, FL

Milgram David

Executive Officer · Miami, FL

Andrew Remick

Executive Officer · Miami, FL

Questions About Highline Real Estate Fund 1, LP

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Highline Real Estate Fund 1, LP?

Highline Real Estate Fund 1, LP is a Delaware limited partnership that filed a Form D with the SEC on September 17, 2024 in the Other Real Estate industry group. The filing claims Section 3(c)(1), Rule 506(b), Section 3(c) for an offering of equity and pooled investment fund interests. AltStreet links the issuer to Highline Real Estate Fund 1, LP.

Is Highline Real Estate Fund 1, LP legit?

AltStreet does not rate legitimacy; it reports the public record. Highline Real Estate Fund 1, LP filed a Form D with the SEC on September 17, 2024 claiming Section 3(c)(1), Rule 506(b), Section 3(c). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $35,000,000 sold to 48 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. The issuer is linked to Highline Real Estate Fund 1, LP, which AltStreet has reviewed. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is Highline Real Estate Fund 1, LP registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Highline Real Estate Fund 1, LP claimed Section 3(c)(1), Rule 506(b), Section 3(c) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has Highline Real Estate Fund 1, LP raised?

Highline Real Estate Fund 1, LP reported $35,000,000 sold from 48 investors of a $75,000,000 total offering as of the Form D filed September 17, 2024.

Who can invest in Highline Real Estate Fund 1, LP?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(1), it may have no more than 100 beneficial owners. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $500,000.

What is the minimum investment in Highline Real Estate Fund 1, LP?

The Form D lists $500,000 as the minimum investment accepted from any outside investor as of September 17, 2024. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Highline Real Estate Fund 1, LP and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Who is behind Highline Real Estate Fund 1, LP?

The Form D lists 4 related persons: David Moret, executive officer (Manager of Highline Real Estate Fund 1 GP, LLC, the General Partner of the Issuer); Matt Papunen, executive officer (Manager of the General Partner of the Issuer); Milgram David, executive officer (Manager of the General Partner of the Issuer); Andrew Remick, executive officer (Manager of the General Partner of the Issuer). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Highline Real Estate Fund 1, LP located?

The issuer's address on its SEC filings is C/O Highline Real Estate Fund 1 Gp, LLC, 2121 Nw 2nd Avenue, Suite 204, Miami, FL 33127. Its phone number of record is (305) 970-1788. It is organized under the laws of Delaware.

How long is the Highline Real Estate Fund 1, LP offering open?

The issuer indicated that the offering is intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.

What is Highline Real Estate Fund 1, LP's revenue?

The issuer declined to disclose its revenue range on the Form D, which the form permits.

Is this your offering?

Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.

Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.