Summit Eden Resort LLC
Summit Eden Resort LLC is a real estate fund based in Eden, Utah. According to its most recent Form D, filed Aug 21, 2014, it has sold $1,711,875 of interests to 18 investors since its first sale in Aug 2013. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Gregory Mauro; Michael Bisnow.
- Total raised
- $1,711,875Cumulative sales reported on Form D
- Investors
- 18
- First sale
- Aug 23, 2013
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gregory Mauro; Michael Bisnow
- Latest Form D
- Aug 21, 2014
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 Summit Eden Resort LLC
What is the minimum investment for Summit Eden Resort LLC?
Summit Eden Resort LLC's latest Form D, filed Aug 21, 2014, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Summit Eden Resort LLC?
Summit Eden Resort LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Summit Eden Resort LLC raised?
Summit Eden Resort LLC reports $1,711,875 sold from 18 investors on its Form D filed Aug 21, 2014. This is cumulative sales since the offering began, not current assets or performance.
Where is Summit Eden Resort LLC based?
Summit Eden Resort LLC is based in Eden, Utah.
When did Summit Eden Resort LLC launch?
Summit Eden Resort LLC reports its first sale in Aug 2013.
Size compared with every real estate fund
Raised more than 54% of the 228 real estate funds based in Utah, and more than 43% of all 7,321 that report sales.