Grandway Usdev I, LLC is a real estate fund based in Pasadena, California. According to its most recent Form D, filed Apr 9, 2015, it has sold $2,000,000 of interests to 9 investors since its first sale in Feb 2015. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Lawrence Wang; Dana Ostenson; Susan Xu.
- Total raised
- $2,000,000Cumulative sales reported on Form D
- Investors
- 9
- First sale
- Feb 28, 2015
- Minimum investment
- $250,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Lawrence Wang; Dana Ostenson; Susan Xu
- Latest Form D
- Apr 9, 2015
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 Grandway Usdev I, LLC
What is the minimum investment for Grandway Usdev I, LLC?
According to its latest Form D, filed Apr 9, 2015, the minimum investment Grandway Usdev I, LLC accepts from an outside investor is $250,000.
Who can invest in Grandway Usdev I, LLC?
Grandway Usdev I, 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 Grandway Usdev I, LLC raised?
Grandway Usdev I, LLC reports $2,000,000 sold from 9 investors on its Form D filed Apr 9, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Grandway Usdev I, LLC based?
Grandway Usdev I, LLC is based in Pasadena, California.
When did Grandway Usdev I, LLC launch?
Grandway Usdev I, LLC reports its first sale in Feb 2015.
Size compared with every real estate fund
Raised more than 59% of the 1,089 real estate funds based in California, and more than 45% of all 7,316 that report sales.