AltMountain

Gregg Lane Dev LLC

Sugar Land, TX · CIK 1848715
Status: no Form D since Mar 2021. 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.

Gregg Lane Dev LLC is a real estate fund based in Sugar Land, Texas. According to its most recent Form D, filed Mar 18, 2021, it has sold $5,965,000 of interests to 13 investors since its first sale in Mar 2021. The minimum investment it accepts from an outside investor is $35,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Sudharshan Vembutty.

Total raised
$5,965,000Cumulative sales reported on Form D
Investors
13
First sale
Mar 10, 2021
Minimum investment
$35,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Sudharshan Vembutty
Latest Form D
Mar 18, 2021

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 Gregg Lane Dev LLC

What is the minimum investment for Gregg Lane Dev LLC?

According to its latest Form D, filed Mar 18, 2021, the minimum investment Gregg Lane Dev LLC accepts from an outside investor is $35,000.

Who can invest in Gregg Lane Dev LLC?

Gregg Lane Dev 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 Gregg Lane Dev LLC raised?

Gregg Lane Dev LLC reports $5,965,000 sold from 13 investors on its Form D filed Mar 18, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Gregg Lane Dev LLC based?

Gregg Lane Dev LLC is based in Sugar Land, Texas.

When did Gregg Lane Dev LLC launch?

Gregg Lane Dev LLC reports its first sale in Mar 2021.

Size compared with every real estate fund

Raised more than 78% of the 1,419 real estate funds based in Texas, and more than 69% of all 7,349 that report sales.

Other funds with the same team

More real estate funds in Sugar Land

Similar-size real estate funds in Texas

All real estate funds in Texas