AltMountain

Avenir Development, LLC

West Palm Beach, FL · CIK 1708348
Status: no Form D since Oct 2018. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Avenir Development, LLC is a real estate fund based in West Palm Beach, Florida. According to its most recent Form D, filed Oct 18, 2018, it has sold $2,000,000 of interests to 52 investors since its first sale in Nov 2017. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Manuel Mato; Virginia Cepero; Stern Rodolfo.

Total raised
$2,000,000Cumulative sales reported on Form D
Investors
52
First sale
Nov 15, 2017
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Manuel Mato; Virginia Cepero; Stern Rodolfo
Latest Form D
Oct 18, 2018

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 Avenir Development, LLC

What is the minimum investment for Avenir Development, LLC?

According to its latest Form D, filed Oct 18, 2018, the minimum investment Avenir Development, LLC accepts from an outside investor is $25,000.

Who can invest in Avenir Development, LLC?

Avenir 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 Avenir Development, LLC raised?

Avenir Development, LLC reports $2,000,000 sold from 52 investors on its Form D filed Oct 18, 2018. This is cumulative sales since the offering began, not current assets or performance.

Where is Avenir Development, LLC based?

Avenir Development, LLC is based in West Palm Beach, Florida.

When did Avenir Development, LLC launch?

Avenir Development, LLC reports its first sale in Nov 2017.

Size compared with every real estate fund

Raised more than 54% of the 619 real estate funds based in Florida, and more than 45% of all 7,322 that report sales.

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