AltMountain

Nova at Summer Meadow

Raleigh, NC · CIK 1856281
Status: no Form D since Aug 2021. 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.

Nova at Summer Meadow is a real estate fund based in Raleigh, North Carolina. According to its most recent Form D, filed Aug 3, 2021, it has sold $2,000,000 of interests to 12 investors since its first sale in Jun 2021. 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 Dror Engel; Avinash Peddi; Abraham Ng'hwani.

Total raised
$2,000,000Cumulative sales reported on Form D
Investors
12
First sale
Jun 7, 2021
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Dror Engel; Avinash Peddi; Abraham Ng'hwani
Latest Form D
Aug 3, 2021

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 Nova at Summer Meadow

What is the minimum investment for Nova at Summer Meadow?

According to its latest Form D, filed Aug 3, 2021, the minimum investment Nova at Summer Meadow accepts from an outside investor is $50,000.

Who can invest in Nova at Summer Meadow?

Nova at Summer Meadow 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 Nova at Summer Meadow raised?

Nova at Summer Meadow reports $2,000,000 sold from 12 investors on its Form D filed Aug 3, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Nova at Summer Meadow based?

Nova at Summer Meadow is based in Raleigh, North Carolina.

When did Nova at Summer Meadow launch?

Nova at Summer Meadow reports its first sale in Jun 2021.

Size compared with every real estate fund

Raised more than 58% of the 293 real estate funds based in North Carolina, and more than 45% of all 7,316 that report sales.

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