Danvers Holdings, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Oct 24, 2017, it has sold $12,000,617 of interests to 98 investors since its first sale in Oct 2017. The minimum investment it accepts from an outside investor is $2,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jordan Slone; Jay Zwiebel; Thomas Litton.
- Total raised
- $12,000,617Cumulative sales reported on Form D
- Investors
- 98
- First sale
- Oct 10, 2017
- Minimum investment
- $2,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jordan Slone; Jay Zwiebel; Thomas Litton
- Latest Form D
- Oct 24, 2017
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 Danvers Holdings, LLC
What is the minimum investment for Danvers Holdings, LLC?
According to its latest Form D, filed Oct 24, 2017, the minimum investment Danvers Holdings, LLC accepts from an outside investor is $2,000.
Who can invest in Danvers Holdings, LLC?
Danvers Holdings, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Danvers Holdings, LLC raised?
Danvers Holdings, LLC reports $12,000,617 sold from 98 investors on its Form D filed Oct 24, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Danvers Holdings, LLC based?
Danvers Holdings, LLC is based in Norfolk, Virginia.
When did Danvers Holdings, LLC launch?
Danvers Holdings, LLC reports its first sale in Oct 2017.
Size compared with every real estate fund
Raised more than 92% of the 141 real estate funds based in Virginia, and more than 81% of all 7,321 that report sales.