AWI Deschutes, LLC
AWI Deschutes, LLC is a real estate fund based in San Clemente, California. According to its most recent Form D, filed Jun 29, 2018, it has sold $2,450,000 of interests to 31 investors since its first sale in Jul 2017. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Alpha Wave Lodging Partners II, LLC; Kenneth Cruse.
- Total raised
- $2,450,000Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Jul 20, 2017
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Alpha Wave Lodging Partners II, LLC; Kenneth Cruse
- Latest Form D
- Jun 29, 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 AWI Deschutes, LLC
What is the minimum investment for AWI Deschutes, LLC?
According to its latest Form D, filed Jun 29, 2018, the minimum investment AWI Deschutes, LLC accepts from an outside investor is $10,000.
Who can invest in AWI Deschutes, LLC?
AWI Deschutes, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has AWI Deschutes, LLC raised?
AWI Deschutes, LLC reports $2,450,000 sold from 31 investors on its Form D filed Jun 29, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is AWI Deschutes, LLC based?
AWI Deschutes, LLC is based in San Clemente, California.
When did AWI Deschutes, LLC launch?
AWI Deschutes, LLC reports its first sale in Jul 2017.
Size compared with every real estate fund
Raised more than 62% of the 1,092 real estate funds based in California, and more than 50% of all 7,351 that report sales.