Mag 7 Development LLC
Mag 7 Development LLC is a real estate fund based in Grand Junction, Colorado. According to its most recent Form D, filed Oct 30, 2020, it has sold $148,000 of interests to 1 investor since its first sale in Oct 2020. The minimum investment it accepts from an outside investor is $148,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Nathan Porter.
- Total raised
- $148,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Oct 15, 2020
- Minimum investment
- $148,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Nathan Porter
- Latest Form D
- Oct 30, 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 Mag 7 Development LLC
What is the minimum investment for Mag 7 Development LLC?
According to its latest Form D, filed Oct 30, 2020, the minimum investment Mag 7 Development LLC accepts from an outside investor is $148,000.
Who can invest in Mag 7 Development LLC?
Mag 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 Mag 7 Development LLC raised?
Mag 7 Development LLC reports $148,000 sold from 1 investor on its Form D filed Oct 30, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Mag 7 Development LLC based?
Mag 7 Development LLC is based in Grand Junction, Colorado.
When did Mag 7 Development LLC launch?
Mag 7 Development LLC reports its first sale in Oct 2020.
Size compared with every real estate fund
Raised more than 31% of the 368 real estate funds based in Colorado, and more than 16% of all 7,311 that report sales.