AltMountain

Selex Development, LLC

New York, NY · CIK 1573844
Status: no Form D since May 2014. 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.

Selex Development, LLC is a real estate fund based in New York, New York. According to its most recent Form D, filed May 15, 2014, it has sold $25,000 of interests to 1 investor since its first sale in May 2014. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Joie Polimeda; John Bancey; Francis Lorenzo.

Total raised
$25,000Cumulative sales reported on Form D
Investors
1
First sale
May 8, 2014
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Joie Polimeda; John Bancey; Francis Lorenzo
Latest Form D
May 15, 2014

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 Selex Development, LLC

What is the minimum investment for Selex Development, LLC?

According to its latest Form D, filed May 15, 2014, the minimum investment Selex Development, LLC accepts from an outside investor is $10,000.

Who can invest in Selex Development, LLC?

Selex Development, 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 Selex Development, LLC raised?

Selex Development, LLC reports $25,000 sold from 1 investor on its Form D filed May 15, 2014. This is cumulative sales since the offering began, not current assets or performance.

Where is Selex Development, LLC based?

Selex Development, LLC is based in New York, New York.

When did Selex Development, LLC launch?

Selex Development, LLC reports its first sale in May 2014.

Size compared with every real estate fund

Raised more than 18% of the 812 real estate funds based in New York, and more than 1% of all 7,322 that report sales.

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