AltMountain

Chestnut Development Partners, L.P.

Chattanooga, TN · CIK 1561684 · Sponsor: Chestnut Development
Status: no Form D since Jan 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.

Chestnut Development Partners, L.P. is a real estate fund based in Chattanooga, Tennessee. According to its most recent Form D, filed Jan 25, 2018, it has sold $11,025,000 of interests to 72 investors since its first sale in Nov 2012. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include James Sattler; Chestnut I GP, LLC; J. Watson.

Total raised
$11,025,000Cumulative sales reported on Form D
Investors
72
First sale
Nov 1, 2012
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
James Sattler; Chestnut I GP, LLC; J. Watson
Latest Form D
Jan 25, 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 Chestnut Development Partners, L.P.

What is the minimum investment for Chestnut Development Partners, L.P.?

According to its latest Form D, filed Jan 25, 2018, the minimum investment Chestnut Development Partners, L.P. accepts from an outside investor is $100,000.

Who can invest in Chestnut Development Partners, L.P.?

Chestnut Development Partners, L.P. 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 Chestnut Development Partners, L.P. raised?

Chestnut Development Partners, L.P. reports $11,025,000 sold from 72 investors on its Form D filed Jan 25, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Chestnut Development Partners, L.P. based?

Chestnut Development Partners, L.P. is based in Chattanooga, Tennessee.

When did Chestnut Development Partners, L.P. launch?

Chestnut Development Partners, L.P. reports its first sale in Nov 2012.

Size compared with every real estate fund

Raised more than 93% of the 117 real estate funds based in Tennessee, and more than 80% of all 7,316 that report sales.

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