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August 26, 2024
An important update for Here property investors
As previously disclosed, on January 3, 2024, Here Investments Inc., the managing member (the “Managing Member”) of Here Collection LLC (“Here”), determined to shut down the Here fractional investment platform. The Managing Member has liquidated each series property and was in the process of returning the net proceeds to the applicable investors in each series. The proceeds are net of the repayment of the mortgage on each series property and other expenses including payment of deferred fees and advances, deferred asset management fees, property management fees, and loans made to each series by the Managing Member.
As further disclosed on July 22, 2024, the Managing Member was unable to distribute the proceeds to investors as initially planned. In order to facilitate the return of the proceeds to the applicable investors in each series, the Managing Member has appointed Craig Jalbert as the sole director and sole officer of Here effective August 6, 2024 and Mr. Jalbert will be responsible for conducting the dissolution and winding up of the Company’s affairs. Here and Mr. Jabert entered into an agreement in connection with the appointment of Mr. Jalbert dated August 6, 2024. Mr. Jalbert is pursuing a number of avenues to have the net proceeds distributed to the Here investors and Here will update investors upon further developments.
We will not be able to respond to inquiries and can only communicate with investors through our public filings, found here.
Recent SEC Filings & Investor Notifications
Disclaimer
This site is operated by Here Investments Inc. (the “company”), which is not a registered broker-dealer. The company does not give investment advice, endorsement, analysis, or recommendations with respect to any securities. Any securities posted here would be offered by, and all information included on this site is the responsibility of, Here Collection LLC, the issuer of such securities (the “issuer”). The company has not taken steps to verify the adequacy, accuracy, or completeness of the information. Neither the company, the issuer, their affiliates nor any of their respective officers, directors, agents, and employees makes any warranty, express or implied, of any kind related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. By accessing this site and any pages thereof, you agree to be bound by the terms & conditions, privacy policy, and any risk factors set forth in an offering circular related to the securities of the issuer. This website uses the term “share” to refer to interests in a series of Here Collection LLC.
The issuer is conducting public offerings pursuant to Regulation A under the Securities Act of 1933, as amended. The most current offering circular for Here Collection is available here.
From time to time, the issuer may undertake "testing the waters" for additional series of securities to be offered pursuant to Regulation A. For offerings that have not yet been qualified, no money or other consideration is being solicited, and if sent in response, will not be accepted.
No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the company with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. An indication of interest involves no obligation or commitment of any kind.
A post-qualification amendment to the offering statement ("PQA") regarding this offering has been filed with the SEC. You may obtain a copy of the preliminary offering circular that is part of that PQA here.
The issuer is not under any obligation to make an offering under Regulation A.
It may choose to make an offering to some, but not all, of the people who indicate an interest in investing in a Series, and that offering might not be made under Regulation A. Potential investors should not rely on any forward-looking statements regarding any investment opportunity, which is based on our beliefs and information currently available to us. The words “anticipate,” “believe,” “expect,” “aim,” “potential,” “design,” “target,” “intend,” “may,” “might,” “plan,” “estimate,” “project,” “projection,” “should,” “will,” “would,” “result” and similar expressions identify forward-looking statements. Such statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control. These risks could result in the loss of your investment. See the offering materials for detailed information.
The information contained in this document, presentation, renderings, photos, simulated views, floor plans, graphic images, and other marketing materials related to this project (the “information”) is presented for illustrative and educational purposes only. It is not presented nor should it be treated as real estate advice, legal advice, investment advice, or tax advice. We advise all parties to do their own research and obtain independent financial, legal, and professional advice before marking any investment and business decisions. Your personal individual financial circumstances must be taken into account before you make any investment decision.
Securities offered via Regulation A through Dalmore Group LLC, registered broker dealer, member of FINRA (www.finra.org), member of SIPC (www.sipc.org) acting as Broker of Record. The securities herein offered by this issuer as herein above mentioned are highly speculative, investing in such securities involves significant risk, including possible loss of the principal amount of investment.