Maybe you missed the announcement from the Securities & Exchange Commission (S.E.C.) last week regarding its plan to modify the formal (and clearly outdated) definition of an "Accredited Investor" (Press Release HERE). We just wanted to briefly highlight the details, why the sudden change, and what it means for private real estate investors.
Read MoreThe opinions expressed within the contents of this website are those of its authors and Steel City Management LLC (“SCM”). Steel City Management is not a registered broker, dealer, or registered investment advisor. The investment offerings on this site are available only to “Accredited Investors” as defined by the IRS. These opinions should not be interpreted as a recommendation or statement of fact. All investors should make their own determination of whether or not to make any investment, based on their own independent evaluation and analysis. The information on the website should not be interpreted as financial advice. Past performance is not a guarantee of future results. All investments offered by SCM involve risk and may result in loss. Investors are advised to consult with their tax, legal and financial advisors before making any investment decisions. SCM does not give investment advice nor recommendations regarding any investment decisions.
We manage investments on behalf of our investors, specifically in real estate development, rehab, and construction. We also invest occasionally in small private operating companies.
© 2022 Steel City Management LLC. All Rights Reserved.
