OP Parker Drive, LLC
OP Parker Drive, LLC is a real estate fund based in Truckee, California. According to its most recent Form D, filed May 12, 2023, it has sold $5,140,000 of interests to 37 investors since its first sale in May 2023. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Peter Slaugh; Mike Swilling.
- Total raised
- $5,140,000Cumulative sales reported on Form D
- Investors
- 37
- First sale
- May 10, 2023
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Peter Slaugh; Mike Swilling
- Latest Form D
- May 12, 2023
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 OP Parker Drive, LLC
What is the minimum investment for OP Parker Drive, LLC?
OP Parker Drive, LLC's latest Form D, filed May 12, 2023, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in OP Parker Drive, LLC?
OP Parker Drive, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has OP Parker Drive, LLC raised?
OP Parker Drive, LLC reports $5,140,000 sold from 37 investors on its Form D filed May 12, 2023. This is cumulative sales since the offering began, not current assets or performance.
Where is OP Parker Drive, LLC based?
OP Parker Drive, LLC is based in Truckee, California.
When did OP Parker Drive, LLC launch?
OP Parker Drive, LLC reports its first sale in May 2023.
Size compared with every real estate fund
Raised more than 73% of the 1,092 real estate funds based in California, and more than 66% of all 7,351 that report sales.