AltMountain

Parabol Development Fund 1 LLC

Studio City, CA · CIK 1926966
Status: no Form D since May 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.

Parabol Development Fund 1 LLC is a real estate fund based in Studio City, California. According to its most recent Form D, filed May 6, 2022, it has sold $1,280,000 of interests to 8 investors since its first sale in Sep 2021. The minimum investment it accepts from an outside investor is $100,000. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Dougal Murray.

Total raised
$1,280,000Cumulative sales reported on Form D
Investors
8
First sale
Sep 5, 2021
Minimum investment
$100,000
Who can invest
Not stated
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Dougal Murray
Latest Form D
May 6, 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 Parabol Development Fund 1 LLC

What is the minimum investment for Parabol Development Fund 1 LLC?

According to its latest Form D, filed May 6, 2022, the minimum investment Parabol Development Fund 1 LLC accepts from an outside investor is $100,000.

Who can invest in Parabol Development Fund 1 LLC?

Parabol Development Fund 1 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 Parabol Development Fund 1 LLC raised?

Parabol Development Fund 1 LLC reports $1,280,000 sold from 8 investors on its Form D filed May 6, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is Parabol Development Fund 1 LLC based?

Parabol Development Fund 1 LLC is based in Studio City, California.

When did Parabol Development Fund 1 LLC launch?

Parabol Development Fund 1 LLC reports its first sale in Sep 2021.

Size compared with every real estate fund

Raised more than 54% of the 1,090 real estate funds based in California, and more than 37% of all 7,321 that report sales.

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