Kula Makai Development LLC is a real estate fund based in Wahiawa, Hawaii. According to its most recent Form D, filed Jan 8, 2026, it has sold $844,000 of interests to 6 investors since its first sale in Oct 2024. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Duc Ong; Pat Gill; Alfred Paclib.
- Total raised
- $844,000Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Oct 7, 2024
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Duc Ong; Pat Gill; Alfred Paclib
- Latest Form D
- Jan 8, 2026
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 Kula Makai Development LLC
What is the minimum investment for Kula Makai Development LLC?
According to its latest Form D, filed Jan 8, 2026, the minimum investment Kula Makai Development LLC accepts from an outside investor is $50,000.
Who can invest in Kula Makai Development LLC?
Kula Makai Development 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 Kula Makai Development LLC raised?
Kula Makai Development LLC reports $844,000 sold from 6 investors on its Form D filed Jan 8, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Kula Makai Development LLC based?
Kula Makai Development LLC is based in Wahiawa, Hawaii.
When did Kula Makai Development LLC launch?
Kula Makai Development LLC reports its first sale in Oct 2024, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every real estate fund
Raised more than 67% of the 24 real estate funds based in Hawaii, and more than 31% of all 7,350 that report sales.