Scig Lot #5, LLC
Scig Lot #5, LLC is a real estate fund based in Bluffton, South Carolina. According to its most recent Form D, filed Oct 26, 2023, it has sold $1,010,101 of interests to 1 investor since its first sale in Oct 2023. 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 Larry Labonte.
- Total raised
- $1,010,101Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Oct 18, 2023
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Larry Labonte
- Latest Form D
- Oct 26, 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 Scig Lot #5, LLC
What is the minimum investment for Scig Lot #5, LLC?
According to its latest Form D, filed Oct 26, 2023, the minimum investment Scig Lot #5, LLC accepts from an outside investor is $100,000.
Who can invest in Scig Lot #5, LLC?
Scig Lot #5, 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 Scig Lot #5, LLC raised?
Scig Lot #5, LLC reports $1,010,101 sold from 1 investor on its Form D filed Oct 26, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is Scig Lot #5, LLC based?
Scig Lot #5, LLC is based in Bluffton, South Carolina.
When did Scig Lot #5, LLC launch?
Scig Lot #5, LLC reports its first sale in Oct 2023.
Size compared with every real estate fund
Raised more than 44% of the 120 real estate funds based in South Carolina, and more than 33% of all 7,348 that report sales.