DS XII LLC is a real estate fund based in San Juan, Puerto Rico. According to its most recent Form D, filed Nov 8, 2018, it has sold $4,308,000 of interests to 32 investors since its first sale in Aug 2018. 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 Eric Sanchez; Dave Grimm; David Adams.
- Total raised
- $4,308,000Cumulative sales reported on Form D
- Investors
- 32
- First sale
- Aug 15, 2018
- 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
- Eric Sanchez; Dave Grimm; David Adams
- Latest Form D
- Nov 8, 2018
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 DS XII LLC
What is the minimum investment for DS XII LLC?
According to its latest Form D, filed Nov 8, 2018, the minimum investment DS XII LLC accepts from an outside investor is $100,000.
Who can invest in DS XII LLC?
DS XII 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 DS XII LLC raised?
DS XII LLC reports $4,308,000 sold from 32 investors on its Form D filed Nov 8, 2018. This is cumulative sales since the offering began, not current assets or performance.
Where is DS XII LLC based?
DS XII LLC is based in San Juan, Puerto Rico.
When did DS XII LLC launch?
DS XII LLC reports its first sale in Aug 2018.
Size compared with every real estate fund
Raised more than 43% of the 7 real estate funds based in Puerto Rico, and more than 62% of all 7,311 that report sales.