Saks Financial Inc.
Saks Financial Inc. is a real estate fund based in Glendale, California. According to its most recent Form D, filed Nov 23, 2016, it has sold $415,625 of interests to 5 investors since its first sale in Nov 2016. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Ethan Saks.
- Total raised
- $415,625Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Nov 9, 2016
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ethan Saks
- Latest Form D
- Nov 23, 2016
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 Saks Financial Inc.
What is the minimum investment for Saks Financial Inc.?
According to its latest Form D, filed Nov 23, 2016, the minimum investment Saks Financial Inc. accepts from an outside investor is $25,000.
Who can invest in Saks Financial Inc.?
Saks Financial Inc. 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 Saks Financial Inc. raised?
Saks Financial Inc. reports $415,625 sold from 5 investors on its Form D filed Nov 23, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Saks Financial Inc. based?
Saks Financial Inc. is based in Glendale, California.
When did Saks Financial Inc. launch?
Saks Financial Inc. reports its first sale in Nov 2016.
Size compared with every real estate fund
Raised more than 41% of the 1,092 real estate funds based in California, and more than 22% of all 7,351 that report sales.