Direct Capital Summerfield LLC
Direct Capital Summerfield LLC is a real estate fund based in Debary, Florida. According to its most recent Form D, filed Jun 9, 2023, it has sold $850,000 of interests to 6 investors since its first sale in May 2023. 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 Joel White; Ray Fang.
- Total raised
- $850,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- May 25, 2023
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Joel White; Ray Fang
- Latest Form D
- Jun 9, 2023
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 Direct Capital Summerfield LLC
What is the minimum investment for Direct Capital Summerfield LLC?
According to its latest Form D, filed Jun 9, 2023, the minimum investment Direct Capital Summerfield LLC accepts from an outside investor is $100,000.
Who can invest in Direct Capital Summerfield LLC?
Direct Capital Summerfield 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 Direct Capital Summerfield LLC raised?
Direct Capital Summerfield LLC reports $850,000 sold from 6 investors on its Form D filed Jun 9, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Direct Capital Summerfield LLC based?
Direct Capital Summerfield LLC is based in Debary, Florida.
When did Direct Capital Summerfield LLC launch?
Direct Capital Summerfield LLC reports its first sale in May 2023.
Size compared with every real estate fund
Raised more than 42% of the 612 real estate funds based in Florida, and more than 31% of all 7,321 that report sales.