AltMountain

SC Development Fund V, LLC

Pasadena, CA · CIK 1731455 · Sponsor: SC Development
Status: no Form D since Feb 2018. 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.

SC Development Fund V, LLC is a real estate fund based in Pasadena, California. According to its most recent Form D, filed Feb 15, 2018, it has sold $1,000 of interests to 1 investor since its first sale in Feb 2018. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Johnny Tseng.

Total raised
$1,000Cumulative sales reported on Form D
Investors
1
First sale
Feb 14, 2018
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Johnny Tseng
Latest Form D
Feb 15, 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 SC Development Fund V, LLC

What is the minimum investment for SC Development Fund V, LLC?

According to its latest Form D, filed Feb 15, 2018, the minimum investment SC Development Fund V, LLC accepts from an outside investor is $100,000.

Who can invest in SC Development Fund V, LLC?

SC Development Fund V, 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 SC Development Fund V, LLC raised?

SC Development Fund V, LLC reports $1,000 sold from 1 investor on its Form D filed Feb 15, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is SC Development Fund V, LLC based?

SC Development Fund V, LLC is based in Pasadena, California.

When did SC Development Fund V, LLC launch?

SC Development Fund V, LLC reports its first sale in Feb 2018.

Size compared with every real estate fund

Raised more than 24% of the 1,091 real estate funds based in California, and more than 0% of all 7,337 that report sales.

Other programs from SC Development

All 2 funds from this sponsor

More real estate funds in Pasadena

Similar-size real estate funds in California

All real estate funds in California