AltMountain

SavLot7, LLC

Norcross, GA · CIK 2024044
Status: no Form D since May 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

SavLot7, LLC is a real estate fund based in Norcross, Georgia. According to its most recent Form D, filed May 28, 2024, it has sold $565,000 of interests to 11 investors since its first sale in May 2024. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Zhaoju Shen.

Total raised
$565,000Cumulative sales reported on Form D
Investors
11
First sale
May 3, 2024
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Zhaoju Shen
Latest Form D
May 28, 2024

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 SavLot7, LLC

What is the minimum investment for SavLot7, LLC?

According to its latest Form D, filed May 28, 2024, the minimum investment SavLot7, LLC accepts from an outside investor is $50,000.

Who can invest in SavLot7, LLC?

SavLot7, 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 SavLot7, LLC raised?

SavLot7, LLC reports $565,000 sold from 11 investors on its Form D filed May 28, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is SavLot7, LLC based?

SavLot7, LLC is based in Norcross, Georgia.

When did SavLot7, LLC launch?

SavLot7, LLC reports its first sale in May 2024.

Size compared with every real estate fund

Raised more than 54% of the 494 real estate funds based in Georgia, and more than 26% of all 7,350 that report sales.

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