Sai Shallowford, LLC
Sai Shallowford, LLC is a real estate fund based in Chattanooga, Tennessee. According to its most recent Form D, filed Aug 14, 2023, it has sold $8,800,000 of interests to 40 investors since its first sale in Nov 2022. The minimum investment it accepts from an outside investor is $22,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Hiren Desai.
- Total raised
- $8,800,000Cumulative sales reported on Form D
- Investors
- 40
- First sale
- Nov 1, 2022
- Minimum investment
- $22,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Hiren Desai
- Latest Form D
- Aug 14, 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 Sai Shallowford, LLC
What is the minimum investment for Sai Shallowford, LLC?
According to its latest Form D, filed Aug 14, 2023, the minimum investment Sai Shallowford, LLC accepts from an outside investor is $22,000.
Who can invest in Sai Shallowford, LLC?
Sai Shallowford, 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 Sai Shallowford, LLC raised?
Sai Shallowford, LLC reports $8,800,000 sold from 40 investors on its Form D filed Aug 14, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Sai Shallowford, LLC based?
Sai Shallowford, LLC is based in Chattanooga, Tennessee.
When did Sai Shallowford, LLC launch?
Sai Shallowford, LLC reports its first sale in Nov 2022.
Size compared with every real estate fund
Raised more than 91% of the 117 real estate funds based in Tennessee, and more than 76% of all 7,351 that report sales.