Form D · Commercial

Cove Multifamily Income Fund 28, LLC

Torrance, CA · CIK 0001855628

Offering snapshot reported Feb 21, 2025 · SEC filing

Reported sold
$4.41M
Offering amount: $100M
Investors reported
40
Form D · investor count
Minimum accepted
$1K
Reported outside-investor minimum
First sale
Apr 2, 2021
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$2.25M$4.49MApr 12, 2021: $107,500.00Apr 12, 2021Jan 27, 2022: $107,500.00Jan 27, 2022Jan 24, 2023: $4,409,188.00Jan 24, 2023Feb 14, 2024: $4,494,188.00Feb 14, 2024Feb 21, 2025: $4,409,188.00Feb 21, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported investors38 → 40

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 21, 2025Amendment$4,409,188$0vs Jan 24, 202340SEC filing
Feb 14, 2024Amendment$4,494,188$85,000vs Jan 24, 202340SEC filing
Jan 24, 2023Amendment$4,409,188$4,301,688vs Jan 27, 202238SEC filing
Jan 27, 2022Amendment$107,500$0vs Apr 12, 20211SEC filing
Apr 12, 2021Initial$107,500No comparison1SEC filing

Offering details

Securities
Debt
Exemptions
06c
Duration over one year
Yes
Business combination
No
Sales commissions
$4M (estimated)
Finders' fees
$0
Form D file number
021-395330
This amount assumes all securities are sold for the initial offering of $100,000,000

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
FNEX Capital, LLC166316FNEX Capital, LLC · CRD 166316

Source: Form D, filed Feb 21, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
N/A Cove Capital Investments, Llc Promoter
Dwight Kay Executive
Chay Lapin Executive

Issuer details

Industry: Commercial (See others in industry)

Address:
2958 Columbia Street
Torrance, CA, 90503