Defy Development the Collaborative 541, LLC
Defy Development the Collaborative 541, LLC is a real estate fund based in Centerville, Utah. According to its most recent Form D, filed Apr 23, 2024, it has sold $690,000 of interests to 6 investors since its first sale in Apr 2024. The minimum investment it accepts from an outside investor is $20,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Lester Essig.
- Total raised
- $690,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Apr 10, 2024
- Minimum investment
- $20,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Lester Essig
- Latest Form D
- Apr 23, 2024
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 Defy Development the Collaborative 541, LLC
What is the minimum investment for Defy Development the Collaborative 541, LLC?
According to its latest Form D, filed Apr 23, 2024, the minimum investment Defy Development the Collaborative 541, LLC accepts from an outside investor is $20,000.
Who can invest in Defy Development the Collaborative 541, LLC?
Defy Development the Collaborative 541, LLC is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Defy Development the Collaborative 541, LLC raised?
Defy Development the Collaborative 541, LLC reports $690,000 sold from 6 investors on its Form D filed Apr 23, 2024. This is cumulative sales since the offering began, not current assets or performance.
Where is Defy Development the Collaborative 541, LLC based?
Defy Development the Collaborative 541, LLC is based in Centerville, Utah.
When did Defy Development the Collaborative 541, LLC launch?
Defy Development the Collaborative 541, LLC reports its first sale in Apr 2024.
Size compared with every real estate fund
Raised more than 46% of the 228 real estate funds based in Utah, and more than 27% of all 7,337 that report sales.