AltMountain

First Solution Development LLC

Charlotte, Nc, NC · CIK 1984703
506(c)
Status: no Form D since Jul 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.

First Solution Development LLC is a real estate fund based in Charlotte, Nc, North Carolina. Its most recent Form D, filed Jul 10, 2023, reports no sales yet. The minimum investment it accepts from an outside investor is $20,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Shelton Ray.

Total raised
$0Cumulative sales reported on Form D
Investors
0
First sale
—
Minimum investment
$20,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Shelton Ray
Latest Form D
Jul 10, 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 First Solution Development LLC

What is the minimum investment for First Solution Development LLC?

According to its latest Form D, filed Jul 10, 2023, the minimum investment First Solution Development LLC accepts from an outside investor is $20,000.

Who can invest in First Solution Development LLC?

First Solution Development LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has First Solution Development LLC raised?

First Solution Development LLC's latest Form D, filed Jul 10, 2023, reports no sales yet.

Where is First Solution Development LLC based?

First Solution Development LLC is based in Charlotte, Nc, North Carolina.

Size compared with every real estate fund

This fund hasn't reported any sales yet.

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