Desert Palms, LLC is a real estate fund based in Mapleton, Utah. Its most recent Form D, filed Aug 7, 2014, reports no sales yet. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Howard Nelson; Brad LaBaron; Dylon Lee.
- Total raised
- $0Cumulative sales reported on Form D
- Investors
- 0
- First sale
- —
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Howard Nelson; Brad LaBaron; Dylon Lee
- Latest Form D
- Aug 7, 2014
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 Desert Palms, LLC
What is the minimum investment for Desert Palms, LLC?
According to its latest Form D, filed Aug 7, 2014, the minimum investment Desert Palms, LLC accepts from an outside investor is $100,000.
Who can invest in Desert Palms, LLC?
Desert Palms, 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 Desert Palms, LLC raised?
Desert Palms, LLC's latest Form D, filed Aug 7, 2014, reports no sales yet.
Where is Desert Palms, LLC based?
Desert Palms, LLC is based in Mapleton, Utah.
Size compared with every real estate fund
This fund hasn't reported any sales yet.