AltMountain

MG Assets, LLC

Pismo Beach, CA · CIK 1585524 · Sponsor: MG Assets
Status: no Form D since Sep 2013. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

MG Assets, LLC is a real estate fund based in Pismo Beach, California. According to its most recent Form D, filed Sep 3, 2013, it has sold $3,350,000 of interests to 6 investors since its first sale in Jun 2013. The minimum investment it accepts from an outside investor is $10,000. Related persons named in the filing include Gary Grossman.

Total raised
$3,350,000Cumulative sales reported on Form D
Investors
6
First sale
Jun 27, 2013
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Other exemption
Key people and entities
Gary Grossman
Latest Form D
Sep 3, 2013

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 MG Assets, LLC

What is the minimum investment for MG Assets, LLC?

According to its latest Form D, filed Sep 3, 2013, the minimum investment MG Assets, LLC accepts from an outside investor is $10,000.

Who can invest in MG Assets, LLC?

MG Assets, LLC is generally open only to investors who meet the eligibility rules in its offering documents.

How much has MG Assets, LLC raised?

MG Assets, LLC reports $3,350,000 sold from 6 investors on its Form D filed Sep 3, 2013. This is cumulative sales since the offering began, not current assets or performance.

Where is MG Assets, LLC based?

MG Assets, LLC is based in Pismo Beach, California.

When did MG Assets, LLC launch?

MG Assets, LLC reports its first sale in Jun 2013.

Size compared with every real estate fund

Raised more than 67% of the 1,095 real estate funds based in California, and more than 57% of all 7,350 that report sales.

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