AltMountain

Shalev Development Group LLC

Aventura, FL · CIK 1672915
Status: no Form D since Apr 2017. 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.

Shalev Development Group LLC is a real estate fund based in Aventura, Florida. According to its most recent Form D, filed Apr 18, 2017, it has sold $4,166,345 of interests to 8 investors since its first sale in Feb 2016. The minimum investment it accepts from an outside investor is $140,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Bernardo Rieber.

Total raised
$4,166,345Cumulative sales reported on Form D
Investors
8
First sale
Feb 29, 2016
Minimum investment
$140,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Bernardo Rieber
Latest Form D
Apr 18, 2017

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 Shalev Development Group LLC

What is the minimum investment for Shalev Development Group LLC?

According to its latest Form D, filed Apr 18, 2017, the minimum investment Shalev Development Group LLC accepts from an outside investor is $140,000.

Who can invest in Shalev Development Group LLC?

Shalev Development Group 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 Shalev Development Group LLC raised?

Shalev Development Group LLC reports $4,166,345 sold from 8 investors on its Form D filed Apr 18, 2017. This is cumulative sales since the offering began, not current assets or performance.

Where is Shalev Development Group LLC based?

Shalev Development Group LLC is based in Aventura, Florida.

When did Shalev Development Group LLC launch?

Shalev Development Group LLC reports its first sale in Feb 2016.

Size compared with every real estate fund

Raised more than 67% of the 618 real estate funds based in Florida, and more than 62% of all 7,311 that report sales.

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