SAA Select, LLC is a real estate fund based in Norfolk, Virginia. According to its most recent Form D, filed Jul 11, 2018, it has sold $3,330,000 of interests to 21 investors since its first sale in Jun 2018. The minimum investment it accepts from an outside investor is $20,000. 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 Saul Lubetski; Thomas Litton; Jay Zwiebel.
- Total raised
- $3,330,000Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Jun 29, 2018
- Minimum investment
- $20,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Saul Lubetski; Thomas Litton; Jay Zwiebel
- Latest Form D
- Jul 11, 2018
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 SAA Select, LLC
What is the minimum investment for SAA Select, LLC?
According to its latest Form D, filed Jul 11, 2018, the minimum investment SAA Select, LLC accepts from an outside investor is $20,000.
Who can invest in SAA Select, LLC?
SAA Select, LLC 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 SAA Select, LLC raised?
SAA Select, LLC reports $3,330,000 sold from 21 investors on its Form D filed Jul 11, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is SAA Select, LLC based?
SAA Select, LLC is based in Norfolk, Virginia.
When did SAA Select, LLC launch?
SAA Select, LLC reports its first sale in Jun 2018.
Size compared with every real estate fund
Raised more than 65% of the 142 real estate funds based in Virginia, and more than 57% of all 7,337 that report sales.