Lock 7 Development LLC
Lock 7 Development LLC is a real estate fund based in Washington, District of Columbia. According to its most recent Form D, filed Feb 4, 2015, it has sold $310,000 of interests to 16 investors since its first sale in Jan 2014. The minimum investment it accepts from an outside investor is $5,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Gorman.
- Total raised
- $310,000Cumulative sales reported on Form D
- Investors
- 16
- First sale
- Jan 16, 2014
- Minimum investment
- $5,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Gorman
- Latest Form D
- Feb 4, 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 Lock 7 Development LLC
What is the minimum investment for Lock 7 Development LLC?
According to its latest Form D, filed Feb 4, 2015, the minimum investment Lock 7 Development LLC accepts from an outside investor is $5,000.
Who can invest in Lock 7 Development LLC?
Lock 7 Development 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 Lock 7 Development LLC raised?
Lock 7 Development LLC reports $310,000 sold from 16 investors on its Form D filed Feb 4, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Lock 7 Development LLC based?
Lock 7 Development LLC is based in Washington, District of Columbia.
When did Lock 7 Development LLC launch?
Lock 7 Development LLC reports its first sale in Jan 2014.
Size compared with every real estate fund
Raised more than 60% of the 30 real estate funds based in District of Columbia, and more than 20% of all 7,311 that report sales.