AltMountain

Greatwater 7 LLC

Detroit, MI · CIK 1825340
Status: no Form D since Sep 2020. 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.

Greatwater 7 LLC is a real estate fund based in Detroit, Michigan. According to its most recent Form D, filed Sep 25, 2020, it has sold $6,784,435 of interests to 51 investors since its first sale in Jan 2020. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include Justin Golden.

Total raised
$6,784,435Cumulative sales reported on Form D
Investors
51
First sale
Jan 17, 2020
Minimum investment
$1,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Other exemption
Key people and entities
Justin Golden
Latest Form D
Sep 25, 2020

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 Greatwater 7 LLC

What is the minimum investment for Greatwater 7 LLC?

According to its latest Form D, filed Sep 25, 2020, the minimum investment Greatwater 7 LLC accepts from an outside investor is $1,000.

Who can invest in Greatwater 7 LLC?

Greatwater 7 LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).

How much has Greatwater 7 LLC raised?

Greatwater 7 LLC reports $6,784,435 sold from 51 investors on its Form D filed Sep 25, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Greatwater 7 LLC based?

Greatwater 7 LLC is based in Detroit, Michigan.

When did Greatwater 7 LLC launch?

Greatwater 7 LLC reports its first sale in Jan 2020.

Size compared with every real estate fund

Raised more than 79% of the 102 real estate funds based in Michigan, and more than 72% of all 7,316 that report sales.

More real estate funds in Detroit

Similar-size real estate funds in Michigan

All real estate funds in Michigan