Panhandle Hotel Development, LP
Panhandle Hotel Development, LP is a private equity fund based in Amarillo, Texas. According to its most recent Form D, filed Aug 8, 2016, it has sold $9,316,700 of interests to 40 investors since its first sale in Mar 2015. The minimum investment it accepts from an outside investor is $25,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Joe McCartt; T Rhodes.
- Total raised
- $9,316,700Cumulative sales reported on Form D
- Investors
- 40
- First sale
- Mar 31, 2015
- Minimum investment
- $25,000
- Who can invest
- Not stated
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Joe McCartt; T Rhodes
- Latest Form D
- Aug 8, 2016
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 Panhandle Hotel Development, LP
What is the minimum investment for Panhandle Hotel Development, LP?
According to its latest Form D, filed Aug 8, 2016, the minimum investment Panhandle Hotel Development, LP accepts from an outside investor is $25,000.
Who can invest in Panhandle Hotel Development, LP?
Panhandle Hotel Development, LP 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 Panhandle Hotel Development, LP raised?
Panhandle Hotel Development, LP reports $9,316,700 sold from 40 investors on its Form D filed Aug 8, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Panhandle Hotel Development, LP based?
Panhandle Hotel Development, LP is based in Amarillo, Texas.
When did Panhandle Hotel Development, LP launch?
Panhandle Hotel Development, LP reports its first sale in Mar 2015.
Size compared with every private equity fund
Raised more than 65% of the 1,406 private equity funds based in Texas, and more than 41% of all 8,889 that report sales.