Medalist Properties 7, LLC
Medalist Properties 7, LLC is a real estate fund based in Richmond, Virginia. According to its most recent Form D, filed Mar 17, 2010, it has sold $2,525,000 of interests to 22 investors since its first sale in Apr 2007. The minimum investment it accepts from an outside investor is $50,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. Related persons named in the filing include Medalist Manager, Inc; Thomas Messier; William Elliott.
- Total raised
- $2,525,000Cumulative sales reported on Form D
- Investors
- 22
- First sale
- Apr 2, 2007
- Minimum investment
- $50,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Other exemption
- Key people and entities
- Medalist Manager, Inc; Thomas Messier; William Elliott
- Latest Form D
- Mar 17, 2010
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 Medalist Properties 7, LLC
What is the minimum investment for Medalist Properties 7, LLC?
According to its latest Form D, filed Mar 17, 2010, the minimum investment Medalist Properties 7, LLC accepts from an outside investor is $50,000.
Who can invest in Medalist Properties 7, LLC?
Medalist Properties 7, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1).
How much has Medalist Properties 7, LLC raised?
Medalist Properties 7, LLC reports $2,525,000 sold from 22 investors on its Form D filed Mar 17, 2010. This is cumulative sales since the offering began, not current assets or performance.
Where is Medalist Properties 7, LLC based?
Medalist Properties 7, LLC is based in Richmond, Virginia.
When did Medalist Properties 7, LLC launch?
Medalist Properties 7, LLC reports its first sale in Apr 2007.
Size compared with every real estate fund
Raised more than 61% of the 141 real estate funds based in Virginia, and more than 51% of all 7,316 that report sales.