EDGAR Verified
Primary Source · SEC.gov

SWC Michigan RBH LLC

Single-Deal SPV2026 vintage506(b)
Latest signalNew Form D filerForm D · 2026-10-14Last filing 2026-10-14

Raised

$6M

Investors

27

Min Invest

$25,000

AltStreet Analysis

·

Generated from EDGAR primary sources

SWC Michigan RBH LLC is a Delaware entity that filed a Form D on 2026-10-14 reporting $5.7M raised from 27 investors under the 506(b) exemption, with a $25K minimum investment in equity securities. Silver Wave Capital LLC is named as promoter and SWC Michigan RBH Management LLC as director, suggesting this is a single-asset vehicle sponsored by Silver Wave Capital; no parent platform match or sibling entities were found in the database.

This filing follows the common 506(b) pattern for privately placed alternative investment vehicles, allowing an unlimited number of accredited (and limited non-accredited) investors without general solicitation. A $25K minimum and $5.7M raise across 27 investors (average check ~$211K) is consistent with a small, single-project real estate or similar closed-end vehicle rather than an institutional fund.

Data Flags

First Sale DateFirst sale date is not disclosed despite $5.7M already reported as sold — unusual for a raise under $100M, where this field is typically populated.
Industry Group / States of SolicitationIndustry group and states of solicitation are left blank, limiting classification of the underlying business.
generalNo related entities or parent platform were found, so this cannot yet be confirmed as part of a broader fund family despite apparent sponsor naming pattern (SWC = Silver Wave Capital).

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0002158822
Entity NameSWC Michigan RBH LLC
ExemptionRule 506(b)
What the exemption meansRule 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.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Year Organized2026
Issuer Address1869 Chicory Ridge Rd, Ann Arbor, MI 48103
Phone(734) 707-3198
Industry / Fund TypeOther Real Estate
Securities TypeEquity
First Sale Date—
Filing DateOctober 14, 2026
Accession Number0002158822-26-000001
Total Offering Amount$5,850,000
Total Amount Sold$5,650,000
Amount Remaining$200,000
Total Investors27
Non-Accredited InvestorsNone
Minimum Investment$25,000
Offering DurationOne year or less
Sales Commissions$0
Finders' Fees$0
Proceeds to Related Persons$0
Revenue RangeDecline to Disclose
State (Issuer Address)MI
Amendment CountOriginal filing only
Signed ByElan Ruggill, Manager of Manager of Manager of Issuer

Filings on Record

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

In the Terminal

Filing events

1

latest Oct 14, 2026

Critical / warning

0 / 0

0 watch · 1 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

1

raising

Latest event New filer · Oct 14, 2026

SEC.gov
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Investor

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Related Persons (Form D)

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

_ SWC Michigan RBH Management LLC

Director · Ann Arbor, MI

_ Silver Wave Capital LLC

Promoter · Ann Arbor, MI

Elan Ruggill

Executive Officer · Ann Arbor, MI

Questions About SWC Michigan RBH LLC

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

What is SWC Michigan RBH LLC?

SWC Michigan RBH LLC is a Delaware limited liability company organized in 2026 that filed a Form D with the SEC on October 14, 2026 in the Other Real Estate industry group. The filing claims Rule 506(b) for an offering of equity.

Is SWC Michigan RBH LLC legit?

AltStreet does not rate legitimacy; it reports the public record. SWC Michigan RBH LLC filed a Form D with the SEC on October 14, 2026 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $5,650,000 sold to 27 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. 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 SWC Michigan RBH LLC 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 SWC Michigan RBH LLC claimed Rule 506(b) 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 SWC Michigan RBH LLC raised?

SWC Michigan RBH LLC reported $5,650,000 sold from 27 investors of a $5,850,000 total offering as of the Form D filed October 14, 2026.

Who can invest in SWC Michigan RBH LLC?

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. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $25,000.

What is the minimum investment in SWC Michigan RBH LLC?

The Form D lists $25,000 as the minimum investment accepted from any outside investor as of October 14, 2026. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling SWC Michigan RBH LLC 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 SWC Michigan RBH LLC?

The Form D lists 3 related persons: _ SWC Michigan RBH Management LLC, director (Manager); _ Silver Wave Capital LLC, promoter (Manager of SWC Michigan RBH Management LLC); Elan Ruggill, executive officer (Manager of Silver Wave Capital LLC). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is SWC Michigan RBH LLC located?

The issuer's address on its SEC filings is 1869 Chicory Ridge Rd, Ann Arbor, MI 48103. Its phone number of record is 734-707-3198. It is organized under the laws of Delaware.

How long is the SWC Michigan RBH LLC offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

What is SWC Michigan RBH LLC'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.