Le Parc Development LLC is a real estate fund based in San Juan, Puerto Rico. According to its most recent Form D, filed Aug 11, 2021, it has sold $54,000,000 of interests to 23 investors since its first sale in Jun 2021. The minimum investment it accepts from an outside investor is $10,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Gabriel Jimenez-Fernandez; Olivier Cillien.
- Total raised
- $54,000,000Cumulative sales reported on Form D
- Investors
- 23
- First sale
- Jun 7, 2021
- Minimum investment
- $10,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Gabriel Jimenez-Fernandez; Olivier Cillien
- Latest Form D
- Aug 11, 2021
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 Le Parc Development LLC
What is the minimum investment for Le Parc Development LLC?
According to its latest Form D, filed Aug 11, 2021, the minimum investment Le Parc Development LLC accepts from an outside investor is $10,000.
Who can invest in Le Parc Development LLC?
Le Parc 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 Le Parc Development LLC raised?
Le Parc Development LLC reports $54,000,000 sold from 23 investors on its Form D filed Aug 11, 2021. This is cumulative sales since the offering began, not current assets or performance.
Where is Le Parc Development LLC based?
Le Parc Development LLC is based in San Juan, Puerto Rico.
When did Le Parc Development LLC launch?
Le Parc Development LLC reports its first sale in Jun 2021.
Size compared with every real estate fund
Raised more than 100% of the 7 real estate funds based in Puerto Rico, and more than 95% of all 7,337 that report sales.