Thakkar Development Group Phase 2, LLC is a real estate fund based in McKinney, Texas. According to its most recent Form D, filed Dec 15, 2016, it has sold $528,500 of interests to 12 investors since its first sale in Dec 2016. The minimum investment it accepts from an outside investor is $40,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Saumil Thakkar.
- Total raised
- $528,500Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Dec 1, 2016
- Minimum investment
- $40,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Saumil Thakkar
- Latest Form D
- Dec 15, 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 Thakkar Development Group Phase 2, LLC
What is the minimum investment for Thakkar Development Group Phase 2, LLC?
According to its latest Form D, filed Dec 15, 2016, the minimum investment Thakkar Development Group Phase 2, LLC accepts from an outside investor is $40,000.
Who can invest in Thakkar Development Group Phase 2, LLC?
Thakkar Development Group Phase 2, 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 Thakkar Development Group Phase 2, LLC raised?
Thakkar Development Group Phase 2, LLC reports $528,500 sold from 12 investors on its Form D filed Dec 15, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Thakkar Development Group Phase 2, LLC based?
Thakkar Development Group Phase 2, LLC is based in McKinney, Texas.
When did Thakkar Development Group Phase 2, LLC launch?
Thakkar Development Group Phase 2, LLC reports its first sale in Dec 2016.
Size compared with every real estate fund
Raised more than 43% of the 1,419 real estate funds based in Texas, and more than 25% of all 7,349 that report sales.