401 McDermott LLC is a real estate fund based in Richmond, Virginia. According to its most recent Form D, filed Jul 8, 2015, it has sold $4,800,000 of interests to 62 investors since its first sale in Jun 2015. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Chad Doty; Daniel Chamberlain; 37 Parallel Properties Investment Group LLC.
- Total raised
- $4,800,000Cumulative sales reported on Form D
- Investors
- 62
- First sale
- Jun 24, 2015
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Chad Doty; Daniel Chamberlain; 37 Parallel Properties Investment Group LLC
- Latest Form D
- Jul 8, 2015
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about 401 McDermott LLC
What is the minimum investment for 401 McDermott LLC?
According to its latest Form D, filed Jul 8, 2015, the minimum investment 401 McDermott LLC accepts from an outside investor is $50,000.
Who can invest in 401 McDermott LLC?
401 McDermott LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(b), which does not allow general advertising.
How much has 401 McDermott LLC raised?
401 McDermott LLC reports $4,800,000 sold from 62 investors on its Form D filed Jul 8, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is 401 McDermott LLC based?
401 McDermott LLC is based in Richmond, Virginia.
When did 401 McDermott LLC launch?
401 McDermott LLC reports its first sale in Jun 2015.
Size compared with every real estate fund
Raised more than 71% of the 142 real estate funds based in Virginia, and more than 64% of all 7,337 that report sales.