Saranac Development Company, LLC is a real estate fund based in Charlotte, North Carolina. According to its most recent Form D, filed Jul 12, 2012, it has sold $5,000,000 of interests to 5 investors since its first sale in Jun 2012. The minimum investment it accepts from an outside investor is $350,000. Related persons named in the filing include George Morgan, III; George Morgan, Jr.
- Total raised
- $5,000,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jun 29, 2012
- Minimum investment
- $350,000
- Who can invest
- Not stated
- Offering exemption
- Other exemption
- Key people and entities
- George Morgan, III; George Morgan, Jr
- Latest Form D
- Jul 12, 2012
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 Saranac Development Company, LLC
What is the minimum investment for Saranac Development Company, LLC?
According to its latest Form D, filed Jul 12, 2012, the minimum investment Saranac Development Company, LLC accepts from an outside investor is $350,000.
Who can invest in Saranac Development Company, LLC?
Saranac Development Company, LLC is generally open only to investors who meet the eligibility rules in its offering documents.
How much has Saranac Development Company, LLC raised?
Saranac Development Company, LLC reports $5,000,000 sold from 5 investors on its Form D filed Jul 12, 2012. This is cumulative sales since the offering began, not current assets or performance.
Where is Saranac Development Company, LLC based?
Saranac Development Company, LLC is based in Charlotte, North Carolina.
When did Saranac Development Company, LLC launch?
Saranac Development Company, LLC reports its first sale in Jun 2012.
Size compared with every real estate fund
Raised more than 77% of the 296 real estate funds based in North Carolina, and more than 65% of all 7,351 that report sales.