Stonelake VII REIT, LLC is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Dec 7, 2022, it has sold $125,000 of interests to 125 investors since its first sale in Dec 2022. The minimum investment it accepts from an outside investor is $1,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include John Kiltz; Stonelake VII REIT Manager, LLC; Kenneth Aboussie, Jr.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Dec 2, 2022
- Minimum investment
- $1,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- John Kiltz; Stonelake VII REIT Manager, LLC; Kenneth Aboussie, Jr
- Latest Form D
- Dec 7, 2022
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 Stonelake VII REIT, LLC
What is the minimum investment for Stonelake VII REIT, LLC?
According to its latest Form D, filed Dec 7, 2022, the minimum investment Stonelake VII REIT, LLC accepts from an outside investor is $1,000.
Who can invest in Stonelake VII REIT, LLC?
Stonelake VII REIT, LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Stonelake VII REIT, LLC raised?
Stonelake VII REIT, LLC reports $125,000 sold from 125 investors on its Form D filed Dec 7, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Stonelake VII REIT, LLC based?
Stonelake VII REIT, LLC is based in Dallas, Texas.
When did Stonelake VII REIT, LLC launch?
Stonelake VII REIT, LLC reports its first sale in Dec 2022.
Size compared with every real estate fund
Raised more than 32% of the 1,414 real estate funds based in Texas, and more than 8% of all 7,321 that report sales.