Rickenbacker 717 Development, Inc.
Rickenbacker 717 Development, Inc. is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Feb 9, 2017, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2017. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Robert Vicente; Todd Platt; USIF2 Companion Fund, LP.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 27, 2017
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Robert Vicente; Todd Platt; USIF2 Companion Fund, LP
- Latest Form D
- Feb 9, 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 Rickenbacker 717 Development, Inc.
What is the minimum investment for Rickenbacker 717 Development, Inc.?
According to its latest Form D, filed Feb 9, 2017, the minimum investment Rickenbacker 717 Development, Inc. accepts from an outside investor is $1,000.
Who can invest in Rickenbacker 717 Development, Inc.?
Rickenbacker 717 Development, Inc. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Rickenbacker 717 Development, Inc. raised?
Rickenbacker 717 Development, Inc. reports $125,000 sold from 125 investors on its Form D filed Feb 9, 2017. This is cumulative sales since the offering began, not current assets or performance.
Where is Rickenbacker 717 Development, Inc. based?
Rickenbacker 717 Development, Inc. is based in Dallas, Texas.
When did Rickenbacker 717 Development, Inc. launch?
Rickenbacker 717 Development, Inc. reports its first sale in Jan 2017.
Size compared with every real estate fund
Raised more than 32% of the 1,419 real estate funds based in Texas, and more than 8% of all 7,349 that report sales.