AltMountain

Spyglass Ridge Development LLC

Boise, ID · CIK 1886573
Status: no Form D since Oct 2021. 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.

Spyglass Ridge Development LLC is a real estate fund based in Boise, Idaho. According to its most recent Form D, filed Oct 5, 2021, it has sold $1,700,000 of interests to 16 investors since its first sale in Sep 2021. 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 Chad Waitman.

Total raised
$1,700,000Cumulative sales reported on Form D
Investors
16
First sale
Sep 17, 2021
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Chad Waitman
Latest Form D
Oct 5, 2021

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 Spyglass Ridge Development LLC

What is the minimum investment for Spyglass Ridge Development LLC?

According to its latest Form D, filed Oct 5, 2021, the minimum investment Spyglass Ridge Development LLC accepts from an outside investor is $10,000.

Who can invest in Spyglass Ridge Development LLC?

Spyglass Ridge 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 Spyglass Ridge Development LLC raised?

Spyglass Ridge Development LLC reports $1,700,000 sold from 16 investors on its Form D filed Oct 5, 2021. This is cumulative sales since the offering began, not current assets or performance.

Where is Spyglass Ridge Development LLC based?

Spyglass Ridge Development LLC is based in Boise, Idaho.

When did Spyglass Ridge Development LLC launch?

Spyglass Ridge Development LLC reports its first sale in Sep 2021.

Size compared with every real estate fund

Raised more than 65% of the 80 real estate funds based in Idaho, and more than 42% of all 7,321 that report sales.

Other funds with the same team

More real estate funds in Boise

Similar-size real estate funds in Idaho

All real estate funds in Idaho