AltMountain

Desert Wave Ventures LLC

Solana Beach, CA · CIK 1766700
Status: no Form D since Feb 2019. 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.

Desert Wave Ventures LLC is a real estate fund based in Solana Beach, California. According to its most recent Form D, filed Feb 6, 2019, it has sold $600,000 of interests to 11 investors since its first sale in Jan 2019. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include LLC FS Ventures.

Total raised
$600,000Cumulative sales reported on Form D
Investors
11
First sale
Jan 15, 2019
Minimum investment
$25,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
LLC FS Ventures
Latest Form D
Feb 6, 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 Desert Wave Ventures LLC

What is the minimum investment for Desert Wave Ventures LLC?

According to its latest Form D, filed Feb 6, 2019, the minimum investment Desert Wave Ventures LLC accepts from an outside investor is $25,000.

Who can invest in Desert Wave Ventures LLC?

Desert Wave Ventures 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 Desert Wave Ventures LLC raised?

Desert Wave Ventures LLC reports $600,000 sold from 11 investors on its Form D filed Feb 6, 2019. This is cumulative sales since the offering began, not current assets or performance.

Where is Desert Wave Ventures LLC based?

Desert Wave Ventures LLC is based in Solana Beach, California.

When did Desert Wave Ventures LLC launch?

Desert Wave Ventures LLC reports its first sale in Jan 2019.

Size compared with every real estate fund

Raised more than 44% of the 1,095 real estate funds based in California, and more than 26% of all 7,350 that report sales.

More real estate funds in Solana Beach

Similar-size real estate funds in California

All real estate funds in California