AltMountain

Balboa Development, LLC

San Diego, CA · CIK 1724984
Status: no Form D since Jan 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.

Balboa Development, LLC is a real estate fund based in San Diego, California. Its most recent Form D, filed Jan 2, 2018, reports no sales yet. The minimum investment it accepts from an outside investor is $15,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Shaun Edelstein; Dylan Steer, M.D; Balboa United, LLC, Manager.

Total raised
$0Cumulative sales reported on Form D
Investors
0
First sale
—
Minimum investment
$15,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Shaun Edelstein; Dylan Steer, M.D; Balboa United, LLC, Manager
Latest Form D
Jan 2, 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 Balboa Development, LLC

What is the minimum investment for Balboa Development, LLC?

According to its latest Form D, filed Jan 2, 2018, the minimum investment Balboa Development, LLC accepts from an outside investor is $15,000.

Who can invest in Balboa Development, LLC?

Balboa 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 Balboa Development, LLC raised?

Balboa Development, LLC's latest Form D, filed Jan 2, 2018, reports no sales yet.

Where is Balboa Development, LLC based?

Balboa Development, LLC is based in San Diego, California.

Size compared with every real estate fund

This fund hasn't reported any sales yet.

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