Olson Capital Investments | News

See investment related news to Olson Capital Investments deals and funds below.

SEC expands accredited investor definition

Washington D.C., Aug. 26, 2020 —
The Securities and Exchange Commission today adopted amendments to the “accredited investor” definition, one of the principal tests for determining who is eligible to participate in our private capital markets. Historically, individual investors who do not meet specific income or net worth tests, regardless of their financial sophistication, have been denied the opportunity to invest in our multifaceted and vast private markets. The amendments update and improve the definition to more effectively identify institutional and individual investors that have the knowledge and expertise to participate in those markets.

83 Downtown Rental Homes Change Hands Again, This Time For $6.3M

Eighty-three downtown Wilmington historic dwellings have changed hands for the second time in a little over two years. Tom Cruz and John Lewis of TJ Real Estate Holdings LLC purchased the portfolio of rental units, along with a small amount of unused land, from members of the Olson family for $6.3 million, according to deeds recorded Tuesday.

The investment offerings described herein are open to “accredited investors” only, through an offering made in accordance with Regulation D, Rule 506(c) of the Securities Act of 1933, as amended. In purchasing securities through a 506(c) offering, we are required to verify any participating investor’s status as an “accredited investor” in accordance with Rule 501 of Regulation D. Investors should consider the investment objectives, risks, charges, and expenses of the investment offerings carefully before investing.