Sumner Dev LLC is a real estate fund based in Seattle, Washington. According to its most recent Form D, filed Jul 29, 2022, it has sold $5,595,000 of interests to 29 investors since its first sale in Jul 2022. The minimum investment it accepts from an outside investor is $30,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Enslow; John Chaffetz.
- Total raised
- $5,595,000Cumulative sales reported on Form D
- Investors
- 29
- First sale
- Jul 15, 2022
- Minimum investment
- $30,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Enslow; John Chaffetz
- Latest Form D
- Jul 29, 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 Sumner Dev LLC
What is the minimum investment for Sumner Dev LLC?
According to its latest Form D, filed Jul 29, 2022, the minimum investment Sumner Dev LLC accepts from an outside investor is $30,000.
Who can invest in Sumner Dev LLC?
Sumner Dev 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 Sumner Dev LLC raised?
Sumner Dev LLC reports $5,595,000 sold from 29 investors on its Form D filed Jul 29, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Sumner Dev LLC based?
Sumner Dev LLC is based in Seattle, Washington.
When did Sumner Dev LLC launch?
Sumner Dev LLC reports its first sale in Jul 2022.
Size compared with every real estate fund
Raised more than 79% of the 284 real estate funds based in Washington, and more than 68% of all 7,322 that report sales.