AltMountain

Farragut Lodging, LLC

Chattanooga, TN · CIK 2002915
Status: no Form D since Dec 2023. 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.

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.

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