123 Delano, LLC
123 Delano, LLC is a real estate fund based in Whittier, California. According to its most recent Form D, filed Mar 12, 2020, it has sold $661,000 of interests to 13 investors since its first sale in Feb 2020. The minimum investment it accepts from an outside investor is $11,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Daniel Flores.
- Total raised
- $661,000Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Feb 28, 2020
- Minimum investment
- $11,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Daniel Flores
- Latest Form D
- Mar 12, 2020
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 123 Delano, LLC
What is the minimum investment for 123 Delano, LLC?
According to its latest Form D, filed Mar 12, 2020, the minimum investment 123 Delano, LLC accepts from an outside investor is $11,000.
Who can invest in 123 Delano, LLC?
123 Delano, 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 123 Delano, LLC raised?
123 Delano, LLC reports $661,000 sold from 13 investors on its Form D filed Mar 12, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is 123 Delano, LLC based?
123 Delano, LLC is based in Whittier, California.
When did 123 Delano, LLC launch?
123 Delano, LLC reports its first sale in Feb 2020.
Size compared with every real estate fund
Raised more than 45% of the 1,095 real estate funds based in California, and more than 27% of all 7,350 that report sales.