Sumner Ridge Development LLC
Sumner Ridge Development LLC is a real estate fund based in Greensboro, North Carolina. According to its most recent Form D, filed Jul 11, 2016, it has sold $6,505,680 of interests to 1 investor since its first sale in Jun 2016. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include __ Opportunities South, LLC; __ Affordable Housing Management, Inc; __ Sumner Ridge of Greensboro LLC.
- Total raised
- $6,505,680Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Jun 28, 2016
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- __ Opportunities South, LLC; __ Affordable Housing Management, Inc; __ Sumner Ridge of Greensboro LLC
- Latest Form D
- Jul 11, 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 Sumner Ridge Development LLC
What is the minimum investment for Sumner Ridge Development LLC?
Sumner Ridge Development LLC's latest Form D, filed Jul 11, 2016, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Sumner Ridge Development LLC?
Sumner 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 Sumner Ridge Development LLC raised?
Sumner Ridge Development LLC reports $6,505,680 sold from 1 investor on its Form D filed Jul 11, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Sumner Ridge Development LLC based?
Sumner Ridge Development LLC is based in Greensboro, North Carolina.
When did Sumner Ridge Development LLC launch?
Sumner Ridge Development LLC reports its first sale in Jun 2016.
Size compared with every real estate fund
Raised more than 80% of the 293 real estate funds based in North Carolina, and more than 71% of all 7,311 that report sales.