Summit III Distribution Center, LLC
Summit III Distribution Center, LLC is a real estate fund based in Dallas, Texas. According to its most recent Form D, filed Feb 10, 2016, it has sold $125,000 of interests to 125 investors since its first sale in Jan 2016. 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 Steve Parker; Larry Blair; Todd Platt.
- Total raised
- $125,000Cumulative sales reported on Form D
- Investors
- 125
- First sale
- Jan 28, 2016
- 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
- Steve Parker; Larry Blair; Todd Platt
- Latest Form D
- Feb 10, 2016
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 III Distribution Center, LLC
What is the minimum investment for Summit III Distribution Center, LLC?
According to its latest Form D, filed Feb 10, 2016, the minimum investment Summit III Distribution Center, LLC accepts from an outside investor is $1,000.
Who can invest in Summit III Distribution Center, LLC?
Summit III Distribution Center, 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 Summit III Distribution Center, LLC raised?
Summit III Distribution Center, LLC reports $125,000 sold from 125 investors on its Form D filed Feb 10, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Summit III Distribution Center, LLC based?
Summit III Distribution Center, LLC is based in Dallas, Texas.
When did Summit III Distribution Center, LLC launch?
Summit III Distribution Center, LLC reports its first sale in Jan 2016.
Size compared with every real estate fund
Raised more than 32% of the 1,419 real estate funds based in Texas, and more than 8% of all 7,348 that report sales.