Liquidation: Here Collection LLC

Form Type: 1-U

Filing Date: 2025-01-13

Corporate Action: Liquidation

Type: Update

Accession Number: 000109690625000028

Filing Summary: Here Collection, LLC has announced the liquidation of its fractional investment platform, previously managed by Here Investments Inc. This decision was made on January 3, 2024. All series properties have been liquidated, and net proceeds are being distributed to investors across various series. A distribution amount per series interest has been detailed, ranging from $0.00 to $0.57 per share. The distributions, which were processed on December 31, 2024, include net proceeds after deducting all expenses and obligations, including mortgage repayments and fees to the managing member. A Claims Reserve has been set aside for potential creditor claims, with the possibility of future distributions if the reserve is not fully utilized. The report encourages investors who have not submitted a W-9 form to do so by February 15, 2025, to receive the distribution in early 2025. For any inquiries, investors can contact the Stretto distribution call center or send queries via email.

Document Link: View Document