Spectrum Development Opportunity III, LLC
Spectrum Development Opportunity III, LLC is a real estate fund based in Denver, Colorado. According to its most recent Form D, filed Nov 8, 2018, it has sold $60,500,000 of interests to 19 investors since its first sale in Sep 2018. The minimum investment it accepts from an outside investor is $2,000,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Jeffrey Kraus; Bradley Kraus; John Sevo.
- Total raised
- $60,500,000Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Sep 19, 2018
- Minimum investment
- $2,000,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Jeffrey Kraus; Bradley Kraus; John Sevo
- Latest Form D
- Nov 8, 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 Spectrum Development Opportunity III, LLC
What is the minimum investment for Spectrum Development Opportunity III, LLC?
According to its latest Form D, filed Nov 8, 2018, the minimum investment Spectrum Development Opportunity III, LLC accepts from an outside investor is $2,000,000.
Who can invest in Spectrum Development Opportunity III, LLC?
Spectrum Development Opportunity III, 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 Spectrum Development Opportunity III, LLC raised?
Spectrum Development Opportunity III, LLC reports $60,500,000 sold from 19 investors on its Form D filed Nov 8, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is Spectrum Development Opportunity III, LLC based?
Spectrum Development Opportunity III, LLC is based in Denver, Colorado.
When did Spectrum Development Opportunity III, LLC launch?
Spectrum Development Opportunity III, LLC reports its first sale in Sep 2018.
Size compared with every real estate fund
Raised more than 95% of the 371 real estate funds based in Colorado, and more than 95% of all 7,351 that report sales.