MG Assets VII, LLC
MG Assets VII, LLC is a real estate fund based in Pismo Beach, California. According to its most recent Form D, filed Feb 3, 2023, it has sold $1,500,000 of interests to 3 investors since its first sale in Jan 2023. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Gary Grossman.
- Total raised
- $1,500,000Cumulative sales reported on Form D
- Investors
- 3
- First sale
- Jan 17, 2023
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gary Grossman
- Latest Form D
- Feb 3, 2023
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 VII, LLC
What is the minimum investment for MG Assets VII, LLC?
According to its latest Form D, filed Feb 3, 2023, the minimum investment MG Assets VII, LLC accepts from an outside investor is $50,000.
Who can invest in MG Assets VII, LLC?
MG Assets VII, 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 MG Assets VII, LLC raised?
MG Assets VII, LLC reports $1,500,000 sold from 3 investors on its Form D filed Feb 3, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is MG Assets VII, LLC based?
MG Assets VII, LLC is based in Pismo Beach, California.
When did MG Assets VII, LLC launch?
MG Assets VII, LLC reports its first sale in Jan 2023.
Size compared with every real estate fund
Raised more than 56% of the 1,092 real estate funds based in California, and more than 40% of all 7,351 that report sales.