AltMountain

Palms & Figs LLC

Mesa, AZ · CIK 1919583
Status: no Form D since Mar 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Palms & Figs LLC is a real estate fund based in Mesa, Arizona. According to its most recent Form D, filed Mar 24, 2022, it has sold $254,000 of interests to 11 investors since its first sale in Mar 2022. 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 Carly DaCosta; Jered DaCosta.

Total raised
$254,000Cumulative sales reported on Form D
Investors
11
First sale
Mar 7, 2022
Minimum investment
$10,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Carly DaCosta; Jered DaCosta
Latest Form D
Mar 24, 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 Palms & Figs LLC

What is the minimum investment for Palms & Figs LLC?

According to its latest Form D, filed Mar 24, 2022, the minimum investment Palms & Figs LLC accepts from an outside investor is $10,000.

Who can invest in Palms & Figs LLC?

Palms & Figs 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 Palms & Figs LLC raised?

Palms & Figs LLC reports $254,000 sold from 11 investors on its Form D filed Mar 24, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Palms & Figs LLC based?

Palms & Figs LLC is based in Mesa, Arizona.

When did Palms & Figs LLC launch?

Palms & Figs LLC reports its first sale in Mar 2022.

Size compared with every real estate fund

Raised more than 28% of the 347 real estate funds based in Arizona, and more than 19% of all 7,321 that report sales.

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