Exdev Hotel 1 LLC
Exdev Hotel 1 LLC is a real estate fund based in Cerritos, California. According to its most recent Form D, filed Jan 20, 2022, it has sold $1,940,000 of interests to 22 investors since its first sale in Nov 2019. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Philip Lee.
- Total raised
- $1,940,000Cumulative sales reported on Form D
- Investors
- 22
- First sale
- Nov 13, 2019
- Minimum investment
- $100,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Philip Lee
- Latest Form D
- Jan 20, 2022
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 Exdev Hotel 1 LLC
What is the minimum investment for Exdev Hotel 1 LLC?
According to its latest Form D, filed Jan 20, 2022, the minimum investment Exdev Hotel 1 LLC accepts from an outside investor is $100,000.
Who can invest in Exdev Hotel 1 LLC?
Exdev Hotel 1 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 Exdev Hotel 1 LLC raised?
Exdev Hotel 1 LLC reports $1,940,000 sold from 22 investors on its Form D filed Jan 20, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is Exdev Hotel 1 LLC based?
Exdev Hotel 1 LLC is based in Cerritos, California.
When did Exdev Hotel 1 LLC launch?
Exdev Hotel 1 LLC reports its first sale in Nov 2019.
Size compared with every real estate fund
Raised more than 58% of the 1,086 real estate funds based in California, and more than 45% of all 7,311 that report sales.