Palms @ Morada DST is a real estate fund based in Bellevue, Washington. According to its most recent Form D, filed Apr 8, 2020, it has sold $18,011,716 of interests to 53 investors since its first sale in Oct 2018. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include American Real Estate Fund, LLC; Palms @ Morada Trustee Administration, LLC; ACG Financial, Inc.
- Total raised
- $18,011,716Cumulative sales reported on Form D
- Investors
- 53
- First sale
- Oct 17, 2018
- Minimum investment
- $50,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- American Real Estate Fund, LLC; Palms @ Morada Trustee Administration, LLC; ACG Financial, Inc
- Latest Form D
- Apr 8, 2020
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 @ Morada DST
What is the minimum investment for Palms @ Morada DST?
According to its latest Form D, filed Apr 8, 2020, the minimum investment Palms @ Morada DST accepts from an outside investor is $50,000.
Who can invest in Palms @ Morada DST?
Palms @ Morada DST 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 @ Morada DST raised?
Palms @ Morada DST reports $18,011,716 sold from 53 investors on its Form D filed Apr 8, 2020. This is cumulative sales since the offering began, not current assets or performance.
Where is Palms @ Morada DST based?
Palms @ Morada DST is based in Bellevue, Washington.
When did Palms @ Morada DST launch?
Palms @ Morada DST reports its first sale in Oct 2018.
Size compared with every real estate fund
Raised more than 94% of the 284 real estate funds based in Washington, and more than 86% of all 7,322 that report sales.