DeMarcay Development Preferred Partners, LLC
DeMarcay Development Preferred Partners, LLC is a real estate fund based in Barrington, Illinois. According to its most recent Form D, filed Jun 27, 2019, it has sold $7,042,994 of interests to 76 investors since its first sale in Jul 2018. The filing does not set a minimum investment. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Garo Kholamian; GK Development, Inc.
- Total raised
- $7,042,994Cumulative sales reported on Form D
- Investors
- 76
- First sale
- Jul 18, 2018
- Minimum investment
- None set
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Garo Kholamian; GK Development, Inc
- Latest Form D
- Jun 27, 2019
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 DeMarcay Development Preferred Partners, LLC
What is the minimum investment for DeMarcay Development Preferred Partners, LLC?
DeMarcay Development Preferred Partners, LLC's latest Form D, filed Jun 27, 2019, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in DeMarcay Development Preferred Partners, LLC?
DeMarcay Development Preferred Partners, 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 DeMarcay Development Preferred Partners, LLC raised?
DeMarcay Development Preferred Partners, LLC reports $7,042,994 sold from 76 investors on its Form D filed Jun 27, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is DeMarcay Development Preferred Partners, LLC based?
DeMarcay Development Preferred Partners, LLC is based in Barrington, Illinois.
When did DeMarcay Development Preferred Partners, LLC launch?
DeMarcay Development Preferred Partners, LLC reports its first sale in Jul 2018.
Size compared with every real estate fund
Raised more than 76% of the 480 real estate funds based in Illinois, and more than 72% of all 7,348 that report sales.