Bungalows at Asante LLC
Bungalows at Asante LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed Dec 28, 2020, it has sold $13,200,000 of interests to 31 investors since its first sale in Sep 2020. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include David Cavan; an Arizona limited liability company Bungalows at Asante Management LLC; Douglas Napier.
- Total raised
- $13,200,000Cumulative sales reported on Form D
- Investors
- 31
- First sale
- Sep 30, 2020
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Cavan; an Arizona limited liability company Bungalows at Asante Management LLC; Douglas Napier
- Latest Form D
- Dec 28, 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 Bungalows at Asante LLC
What is the minimum investment for Bungalows at Asante LLC?
According to its latest Form D, filed Dec 28, 2020, the minimum investment Bungalows at Asante LLC accepts from an outside investor is $100,000.
Who can invest in Bungalows at Asante LLC?
Bungalows at Asante 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 Bungalows at Asante LLC raised?
Bungalows at Asante LLC reports $13,200,000 sold from 31 investors on its Form D filed Dec 28, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Bungalows at Asante LLC based?
Bungalows at Asante LLC is based in Scottsdale, Arizona.
When did Bungalows at Asante LLC launch?
Bungalows at Asante LLC reports its first sale in Sep 2020.
Size compared with every real estate fund
Raised more than 86% of the 345 real estate funds based in Arizona, and more than 82% of all 7,351 that report sales.