TFC Draper 507, LLC is a real estate fund based in Salt Lake City, Utah. According to its most recent Form D, filed Sep 5, 2019, it has sold $687,500 of interests to 7 investors since its first sale in Jun 2019. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include BLP LLC; B&e LLC; Christian Monson.
- Total raised
- $687,500Cumulative sales reported on Form D
- Investors
- 7
- First sale
- Jun 20, 2019
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- BLP LLC; B&e LLC; Christian Monson
- Latest Form D
- Sep 5, 2019
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 TFC Draper 507, LLC
What is the minimum investment for TFC Draper 507, LLC?
According to its latest Form D, filed Sep 5, 2019, the minimum investment TFC Draper 507, LLC accepts from an outside investor is $25,000.
Who can invest in TFC Draper 507, LLC?
TFC Draper 507, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has TFC Draper 507, LLC raised?
TFC Draper 507, LLC reports $687,500 sold from 7 investors on its Form D filed Sep 5, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is TFC Draper 507, LLC based?
TFC Draper 507, LLC is based in Salt Lake City, Utah.
When did TFC Draper 507, LLC launch?
TFC Draper 507, LLC reports its first sale in Jun 2019.
Size compared with every real estate fund
Raised more than 46% of the 239 real estate funds based in Utah, and more than 27% of all 7,351 that report sales.