AltMountain

Shavano Class 1, LLC

Midland, TX · CIK 1755691
Status: no Form D since Oct 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.

Shavano Class 1, LLC is a real estate fund based in Midland, Texas. According to its most recent Form D, filed Oct 12, 2018, it has sold $4,400,000 of interests to 9 investors since its first sale in Oct 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 Jim Benson; Bart Hutton; Kevin Butler.

Total raised
$4,400,000Cumulative sales reported on Form D
Investors
9
First sale
Oct 1, 2018
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Jim Benson; Bart Hutton; Kevin Butler
Latest Form D
Oct 12, 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 Shavano Class 1, LLC

What is the minimum investment for Shavano Class 1, LLC?

According to its latest Form D, filed Oct 12, 2018, the minimum investment Shavano Class 1, LLC accepts from an outside investor is $100,000.

Who can invest in Shavano Class 1, LLC?

Shavano Class 1, 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 Shavano Class 1, LLC raised?

Shavano Class 1, LLC reports $4,400,000 sold from 9 investors on its Form D filed Oct 12, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Shavano Class 1, LLC based?

Shavano Class 1, LLC is based in Midland, Texas.

When did Shavano Class 1, LLC launch?

Shavano Class 1, LLC reports its first sale in Oct 2018.

Size compared with every real estate fund

Raised more than 74% of the 1,414 real estate funds based in Texas, and more than 63% of all 7,321 that report sales.

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