AltMountain

Cedars Development, LLC

Southlake, TX · CIK 1760871
Status: no Form D since Dec 2018. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Cedars Development, LLC is a real estate fund based in Southlake, Texas. According to its most recent Form D, filed Dec 6, 2018, it has sold $5,902,335 of interests to 2 investors since its first sale in Nov 2018. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Bryan Elliott.

Total raised
$5,902,335Cumulative sales reported on Form D
Investors
2
First sale
Nov 19, 2018
Minimum investment
None set
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Bryan Elliott
Latest Form D
Dec 6, 2018

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 Cedars Development, LLC

What is the minimum investment for Cedars Development, LLC?

Cedars Development, LLC's latest Form D, filed Dec 6, 2018, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in Cedars Development, LLC?

Cedars Development, 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 Cedars Development, LLC raised?

Cedars Development, LLC reports $5,902,335 sold from 2 investors on its Form D filed Dec 6, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Cedars Development, LLC based?

Cedars Development, LLC is based in Southlake, Texas.

When did Cedars Development, LLC launch?

Cedars Development, LLC reports its first sale in Nov 2018.

Size compared with every real estate fund

Raised more than 78% of the 1,418 real estate funds based in Texas, and more than 69% of all 7,322 that report sales.

More real estate funds in Southlake

Similar-size real estate funds in Texas

All real estate funds in Texas