Verso Lux Apts LLC
Verso Lux Apts LLC is a real estate fund based in Centerville, Virginia. According to its most recent Form D, filed Mar 23, 2021, it has sold $4,590,000 of interests to 48 investors since its first sale in Mar 2021. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Ravikiran Thummalapenta.
- Total raised
- $4,590,000Cumulative sales reported on Form D
- Investors
- 48
- First sale
- Mar 19, 2021
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Ravikiran Thummalapenta
- Latest Form D
- Mar 23, 2021
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 Verso Lux Apts LLC
What is the minimum investment for Verso Lux Apts LLC?
According to its latest Form D, filed Mar 23, 2021, the minimum investment Verso Lux Apts LLC accepts from an outside investor is $50,000.
Who can invest in Verso Lux Apts LLC?
Verso Lux Apts 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 Verso Lux Apts LLC raised?
Verso Lux Apts LLC reports $4,590,000 sold from 48 investors on its Form D filed Mar 23, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Verso Lux Apts LLC based?
Verso Lux Apts LLC is based in Centerville, Virginia.
When did Verso Lux Apts LLC launch?
Verso Lux Apts LLC reports its first sale in Mar 2021.
Size compared with every real estate fund
Raised more than 70% of the 141 real estate funds based in Virginia, and more than 64% of all 7,321 that report sales.