Magnolia Gardens Developer Inc. is a real estate fund based in New York, New York. According to its most recent Form D, filed Nov 27, 2024, it has sold $125,000 of interests to 125 investors since its first sale in Nov 2024. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Adrienne Peterson; Nathaniel Fields; Thomas Yu.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Nov 14, 2024
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Adrienne Peterson; Nathaniel Fields; Thomas Yu
- Latest Form D
- Nov 27, 2024
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 Magnolia Gardens Developer Inc.
What is the minimum investment for Magnolia Gardens Developer Inc.?
According to its latest Form D, filed Nov 27, 2024, the minimum investment Magnolia Gardens Developer Inc. accepts from an outside investor is $1,000.
Who can invest in Magnolia Gardens Developer Inc.?
Magnolia Gardens Developer Inc. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Magnolia Gardens Developer Inc. raised?
Magnolia Gardens Developer Inc. reports $125,000 sold from 125 investors on its Form D filed Nov 27, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Magnolia Gardens Developer Inc. based?
Magnolia Gardens Developer Inc. is based in New York, New York.
When did Magnolia Gardens Developer Inc. launch?
Magnolia Gardens Developer Inc. reports its first sale in Nov 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 27% of the 811 real estate funds based in New York, and more than 8% of all 7,351 that report sales.