Farragut Lodging, LLC
Farragut Lodging, LLC is a real estate fund based in Chattanooga, Tennessee. According to its most recent Form D, filed Dec 1, 2023, it has sold $6,000,000 of interests to 37 investors since its first sale in Nov 2023. The minimum investment it accepts from an outside investor is $21,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Hiren Desai.
- Total raised
- $6,000,000Cumulative sales reported on Form D
- Investors
- 37
- First sale
- Nov 17, 2023
- Minimum investment
- $21,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Hiren Desai
- Latest Form D
- Dec 1, 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 Farragut Lodging, LLC
What is the minimum investment for Farragut Lodging, LLC?
According to its latest Form D, filed Dec 1, 2023, the minimum investment Farragut Lodging, LLC accepts from an outside investor is $21,000.
Who can invest in Farragut Lodging, LLC?
Farragut Lodging, 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 Farragut Lodging, LLC raised?
Farragut Lodging, LLC reports $6,000,000 sold from 37 investors on its Form D filed Dec 1, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Farragut Lodging, LLC based?
Farragut Lodging, LLC is based in Chattanooga, Tennessee.
When did Farragut Lodging, LLC launch?
Farragut Lodging, LLC reports its first sale in Nov 2023.
Size compared with every real estate fund
Raised more than 82% of the 118 real estate funds based in Tennessee, and more than 69% of all 7,350 that report sales.