AltMountain

Pellissippi Development Partners, LLC

Georgetown, TN · CIK 1713066
Status: no Form D since Jul 2017. 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.

Pellissippi Development Partners, LLC is a real estate fund based in Georgetown, Tennessee. According to its most recent Form D, filed Jul 28, 2017, it has sold $2,975,000 of interests to 36 investors since its first sale in May 2017. 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 Greg Vital; J. Farrow.

Total raised
$2,975,000Cumulative sales reported on Form D
Investors
36
First sale
May 1, 2017
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Greg Vital; J. Farrow
Latest Form D
Jul 28, 2017

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 Pellissippi Development Partners, LLC

What is the minimum investment for Pellissippi Development Partners, LLC?

According to its latest Form D, filed Jul 28, 2017, the minimum investment Pellissippi Development Partners, LLC accepts from an outside investor is $50,000.

Who can invest in Pellissippi Development Partners, LLC?

Pellissippi Development Partners, 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 Pellissippi Development Partners, LLC raised?

Pellissippi Development Partners, LLC reports $2,975,000 sold from 36 investors on its Form D filed Jul 28, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Pellissippi Development Partners, LLC based?

Pellissippi Development Partners, LLC is based in Georgetown, Tennessee.

When did Pellissippi Development Partners, LLC launch?

Pellissippi Development Partners, LLC reports its first sale in May 2017.

Size compared with every real estate fund

Raised more than 67% of the 118 real estate funds based in Tennessee, and more than 54% of all 7,350 that report sales.

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