517 Loop LLC
517 Loop LLC is a real estate fund based in Heath, Texas. According to its most recent Form D, filed Nov 2, 2020, it has sold $390,000 of interests to 4 investors since its first sale in Oct 2020. 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 Michael Moran.
- Total raised
- $390,000Cumulative sales reported on Form D
- Investors
- 4
- First sale
- Oct 29, 2020
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Moran
- Latest Form D
- Nov 2, 2020
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 517 Loop LLC
What is the minimum investment for 517 Loop LLC?
According to its latest Form D, filed Nov 2, 2020, the minimum investment 517 Loop LLC accepts from an outside investor is $50,000.
Who can invest in 517 Loop LLC?
517 Loop 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 517 Loop LLC raised?
517 Loop LLC reports $390,000 sold from 4 investors on its Form D filed Nov 2, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is 517 Loop LLC based?
517 Loop LLC is based in Heath, Texas.
When did 517 Loop LLC launch?
517 Loop LLC reports its first sale in Oct 2020.
Size compared with every real estate fund
Raised more than 42% of the 1,418 real estate funds based in Texas, and more than 22% of all 7,322 that report sales.