AltMountain

Discovery Property Co LLC

Scottsdale, AZ · CIK 1703064
Status: no Form D since May 2024. 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.

Discovery Property Co LLC is a real estate fund based in Scottsdale, Arizona. According to its most recent Form D, filed May 30, 2024, it has sold $38,600,000 of interests to 201 investors since its first sale in Mar 2017. The minimum investment it accepts from an outside investor is $250,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Edward Divita; Joseph Arenson; Schuyler Joyner.

Total raised
$38,600,000Cumulative sales reported on Form D
Investors
201
First sale
Mar 22, 2017
Minimum investment
$250,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Edward Divita; Joseph Arenson; Schuyler Joyner
Latest Form D
May 30, 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 Discovery Property Co LLC

What is the minimum investment for Discovery Property Co LLC?

According to its latest Form D, filed May 30, 2024, the minimum investment Discovery Property Co LLC accepts from an outside investor is $250,000.

Who can invest in Discovery Property Co LLC?

Discovery Property Co 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 Discovery Property Co LLC raised?

Discovery Property Co LLC reports $38,600,000 sold from 201 investors on its Form D filed May 30, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Discovery Property Co LLC based?

Discovery Property Co LLC is based in Scottsdale, Arizona.

When did Discovery Property Co LLC launch?

Discovery Property Co LLC reports its first sale in Mar 2017.

Size compared with every real estate fund

Raised more than 95% of the 347 real estate funds based in Arizona, and more than 93% of all 7,316 that report sales.

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