McDowell Fund VII, LLC is a real estate fund based in Addison, Texas. According to its most recent Form D, filed Sep 24, 2020, it has sold $67,000,000 of interests to 163 investors since its first sale in Aug 2020. The minimum investment it accepts from an outside investor is $500,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Bay View Partners III, LLC; W. McDowell; McDowell Properties.
- Total raised
- $67,000,000Cumulative sales reported on Form D
- Investors
- 163
- First sale
- Aug 18, 2020
- Minimum investment
- $500,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Bay View Partners III, LLC; W. McDowell; McDowell Properties
- Latest Form D
- Sep 24, 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 McDowell Fund VII, LLC
What is the minimum investment for McDowell Fund VII, LLC?
According to its latest Form D, filed Sep 24, 2020, the minimum investment McDowell Fund VII, LLC accepts from an outside investor is $500,000.
Who can invest in McDowell Fund VII, LLC?
McDowell Fund VII, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has McDowell Fund VII, LLC raised?
McDowell Fund VII, LLC reports $67,000,000 sold from 163 investors on its Form D filed Sep 24, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is McDowell Fund VII, LLC based?
McDowell Fund VII, LLC is based in Addison, Texas.
When did McDowell Fund VII, LLC launch?
McDowell Fund VII, LLC reports its first sale in Aug 2020.
Size compared with every real estate fund
Raised more than 98% of the 1,420 real estate funds based in Texas, and more than 96% of all 7,351 that report sales.